[SCHEDULE 13D] Azitra, Inc. Major Shareholder Acquisition (>5%)
Rhea-AI Filing Summary
Azitra, Inc.’s President and Chief Executive Officer, Francisco D. Salva, filed a Schedule 13D reporting a significant personal stake in the company. As of June 24, 2026, he beneficially owned 5,421,039 shares of common stock, representing 9.99% of the 52,907,666 shares outstanding.
His beneficial ownership includes 22,241 Incentive Stock Options and 1,334,748 shares underlying warrants that are exercisable within 60 days. It excludes 6,793,352 warrant shares that are not issuable within 60 days and are subject to a beneficial ownership limitation. Salva states he holds the securities for investment purposes but may buy or sell more shares depending on conditions.
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Insights
CEO discloses a 9.99% beneficial stake, signaling tightly capped but meaningful ownership.
CEO Francisco D. Salva reports beneficial ownership of 5,421,039 shares, equal to 9.99% of Azitra’s common stock as of June 24, 2026. This combines common shares, 22,241 Incentive Stock Options, and 1,334,748 warrant shares exercisable within 60 days.
He also holds warrants for an additional 6,793,352 shares that are not currently exercisable due to a beneficial ownership limitation. This cap keeps reported ownership below 10%, which can be relevant for regulatory thresholds and internal governance considerations.
Salva describes his position as for investment purposes and retains flexibility to increase or decrease holdings based on market conditions and the company’s prospects. Future changes in his stake would appear in subsequent ownership reports, providing ongoing visibility into insider positioning.