COO at Verde Resources (VRDR) awarded 1,036,269 shares for services
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Verde Resources, Inc. reported that Chief Operating Officer Eric Joseph Bava acquired 1,036,269 shares of common stock as a grant or award on January 5, 2026, at a stated price of $0.00 per share. These shares were granted as compensation for services rendered from October 1, 2025, through September 30, 2026, bringing his direct holdings to 1,706,269 shares. He also reports indirect ownership of 330,813,912 shares held by BW Capital Ventures LLC, where he owns a 34.75% equity interest and disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bava Eric Joseph
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,036,269 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,706,269 shares (Direct);
Common Stock — 330,813,912 shares (Indirect, By BW Capital Ventures LLC)
Footnotes (1)
- Granted as compensation for services rendered from October 1, 2025, through September 30, 2026. Shares of the Issuer's common stock owned by BW Capital Ventures LLC, an entity in which Mr. Bava owns a 34.75% equity interest. Mr. Bava disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
FAQ
What did VRDR COO Eric Joseph Bava report in this Form 4 filing?
Eric Joseph Bava reported receiving 1,036,269 shares of Verde Resources common stock as a grant. The shares were awarded at a stated price of $0.00 per share, compensating him for services from October 1, 2025, through September 30, 2026, increasing his direct ownership.
What is BW Capital Ventures LLC’s role in Eric Joseph Bava’s VRDR holdings?
BW Capital Ventures LLC holds 330,813,912 shares of Verde Resources common stock that are reported as indirectly owned by Bava. He owns a 34.75% equity interest in the LLC and disclaims beneficial ownership of those securities except to the extent of his pecuniary interest.