ZIVO Form 4: Maggiore purchases 23,682 shares; ownership corrected
Rhea-AI Filing Summary
Christopher D. Maggiore, a director and reported >10% owner of Zivo Bioscience, Inc. (ZIVO), purchased 23,682 shares of the companys common stock on 10/08/2025 at a price of $12.01 per share. After this transaction the filing reports aggregate beneficial ownership of 517,526 shares, which corrects a prior overstatement caused by an administrative error that had overstated ownership by 13,156 shares. The transaction is reported on a Form 4 and was signed by the reporting person on 10/09/2025. The filing shows the acquisition coded as P and lists the ownership form as Direct.
Positive
- Insider acquisition of 23,682 shares at $12.01, indicating direct insider buying.
- Correction of prior overstatement by 13,156 shares improves accuracy of reported beneficial ownership.
Negative
- Administrative error overstated ownership by 13,156 shares, requiring correction.
- No additional detail on the source of funds or whether this follows a planned purchase program.
Insights
Insider purchase and a transparent correction of a reporting error.
The director and >10% owner increased direct holdings by 23,682 shares on 10/08/2025, bringing aggregate direct ownership to 517,526 shares after correcting an administrative overstatement of 13,156 shares. That correction improves accuracy of public insider records.
This type of purchase can be interpreted as alignment of a significant insider with shareholder outcomes; monitor subsequent filings for any additional buys or sales within the next several weeks to assess whether this is an isolated purchase or part of a pattern.
Small open-market buy at a reported price of $12.01.
The transaction code P indicates a routine purchase; the per-share price reported is $12.01. The added position size is modest relative to the total aggregate reported holdings, raising direct ownership to 517,526 shares.
Given the corrected aggregate figure, short-term market impact is likely limited; traders may watch volume and subsequent Section 16 filings over the next 30 days for confirmation of trading trend or further insider activity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 23,682 | $12.01 | $284K |
Footnotes (1)
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