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Air Water Ventures director reports no share stake

Air Water Ventures Ltd (WATR) filed an initial Form 3 reporting the insider status of Peter J. McDonough as a director.

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Form Type
3

Rhea-AI Filing Summary

Air Water Ventures Ltd (WATR) filed an initial Form 3 reporting the insider status of Peter J. McDonough as a director. The filing reports no equity holdings or transactions in the company’s securities by the reporting person at this time. It also notes that, as a foreign private issuer under Rule 3a12-3(b), transactions in the company’s equity securities by this reporting person are exempt from Sections 16(b) and 16(c) of the Securities Exchange Act. A Power of Attorney is referenced, authorizing the filing of forms on the reporting person’s behalf.

foreign private issuer regulatory
"Due to the issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b)"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
Sections 16(b) and 16(c) regulatory
"transactions in the issuer's equity securities are exempt from Sections 16(b) and 16(c)"
Power of Attorney regulatory
"Exhibit 24 - Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 3 filed for WATR disclose?

The Form 3 for WATR identifies Peter J. McDonough as a director and initial reporting person. It reports no current holdings or transactions and notes an exemption from Sections 16(b) and 16(c) because Air Water Ventures Ltd is a foreign private issuer.

Who is the reporting person in Air Water Ventures Ltd (WATR)'s Form 3?

The reporting person is Peter J. McDonough, disclosed as a director of Air Water Ventures Ltd. He files this initial ownership report without any reported equity transactions or holdings in the issuer’s securities at this time.

Does the WATR Form 3 show any insider trades or share ownership?

No. The Form 3 for WATR lists no reported transactions and no equity holdings for the reporting person. It serves solely as an initial statement of insider status rather than a record of purchases, sales, or option exercises.

Why are WATR insider transactions exempt from Sections 16(b) and 16(c)?

Air Water Ventures Ltd is identified as a foreign private issuer under Rule 3a12-3(b). Because of this status, the reporting person’s transactions in the company’s equity securities are stated to be exempt from Sections 16(b) and 16(c) of the Exchange Act.

What is the Power of Attorney referenced in WATR's Form 3?

The Form 3 references an Exhibit 24 - Power of Attorney, authorizing others to sign and file forms on the reporting person’s behalf. This is an administrative authorization and does not represent any equity transaction or change in ownership.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
McDonough Peter J

(Last)(First)(Middle)
4341 W. 108TH ST., SUITE 1

(Street)
HIALEAH FLORIDA 33018

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
08/14/2026
3. Issuer Name and Ticker or Trading Symbol
Air Water Ventures Ltd [ WATR ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
Exhibit 24 - Power of Attorney. Due to the issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b) under the Act, the reporting person's transactions in the issuer's equity securities are exempt from Sections 16(b) and 16(c) of the Act.
No securities are beneficially owned.
/s/ David Tuerff, as attorney-in-fact for the Reporting Person08/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

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