Twin Vee PowerCats (VEEE) CEO boosts stake with 20,000-share purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Twin Vee PowerCats, Co. CEO and interim CFO Joseph C. Visconti reported buying 20,000 shares of common stock at $0.47 per share. These shares were issued in a public best efforts offering that closed on February 23, 2026, bringing his direct holdings to 262,914 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,000 shares ($9,400)
Net Buy
1 txn
Insider
VISCONTI JOSEPH C
Role
CEO & Interim CFO
Bought
20,000 shs ($9K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common stock | 20,000 | $0.47 | $9K |
Holdings After Transaction:
Common stock — 262,914 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Twin Vee PowerCats (VEEE) report?
Twin Vee PowerCats reported that CEO and interim CFO Joseph C. Visconti bought 20,000 common shares at $0.47 each. The purchase came through a public best efforts offering that closed on February 23, 2026, and increased his direct ownership stake.
Was the Twin Vee PowerCats (VEEE) insider transaction an open-market purchase?
The Form 4 classifies the transaction as an open-market or private purchase, code P. A footnote clarifies the shares were issued in a public best efforts offering at $0.47 per share, which closed on February 23, 2026, rather than typical secondary-market trading.
Who is the insider involved in the Twin Vee PowerCats (VEEE) Form 4 filing?
The insider is Joseph C. Visconti, who serves as both CEO and interim CFO of Twin Vee PowerCats. He reported buying 20,000 common shares in a public offering at $0.47 per share, increasing his directly owned holdings to 262,914 shares.
Does the Twin Vee PowerCats (VEEE) Form 4 involve direct or indirect ownership?
The reported 20,000-share purchase is categorized as direct ownership, coded “D” in the filing. No footnotes indicate that another entity, such as a trust or LLC, holds voting or investment power, so the shares are attributed directly to Joseph C. Visconti.