Genvor Inc (GNVR) director converts accrued payables into 524,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Genvor Inc. reported that Dr. Jesse Jaynes, a director and Chief Research Officer, acquired common stock through conversions of accrued payables owed to him. On 05/08/2025, Dr. Jaynes received 400,000 shares of common stock at $0.25 per share through the conversion of $100,000 in accrued payables. On 12/02/2025, he received an additional 124,000 shares at $1.50 per share by converting $186,000 in accrued payables. After these transactions, Dr. Jaynes directly beneficially owned 524,000 shares of Genvor Inc. common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jaynes Jessee M
Role
Chief Research Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 124,000 | $1.50 | $186K |
| Grant/Award | Common Stock | 400,000 | $0.25 | $100K |
Holdings After Transaction:
Common Stock — 524,000 shares (Direct)
Footnotes (1)
- Conversion of $100,000 in accrued payables due to Dr. Jaynes at $0.25/share. Conversion of $186,000 in accrued payables due to Dr. Jaynes at $1.50/share.
FAQ
What insider transaction did Genvor Inc (GNVR) disclose for Dr. Jesse Jaynes?
The filing shows that Dr. Jesse Jaynes, a director and Chief Research Officer of Genvor Inc., acquired common stock by converting accrued payables owed to him into shares on two separate dates in 2025.
What amounts of accrued payables to Dr. Jesse Jaynes were converted into Genvor Inc (GNVR) stock?
The transactions converted accrued payables of $100,000 at $0.25 per share and $186,000 at $1.50 per share into Genvor Inc. common stock owed to Dr. Jaynes.
What is Dr. Jesse Jaynes' role and relationship to Genvor Inc (GNVR)?
Dr. Jesse Jaynes is disclosed as a Director and an Officer of Genvor Inc., serving as Chief Research Officer, and is a reporting person for these insider transactions.
Were the reported Genvor Inc (GNVR) insider transactions in cash or via conversion?
Both transactions were described as conversions of accrued payables owed to Dr. Jaynes into Genvor Inc. common stock, rather than open-market cash purchases.