PetVivo (PETV) director receives 35,000-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rudelius Robert James reported acquisition or exercise transactions in this Form 4 filing.
PetVivo Holdings, Inc. director Robert James Rudelius received a one-time grant of 35,000 shares of restricted common stock as compensation for prior Board service, valued at $0.74 per share on the grant date. Following this award, he directly holds 353,392 common shares. He also has an additional 21,000 shares reported as indirectly held through a corporation. This Form 4 reflects a compensation-related share grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Rudelius Robert James
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 35,000 | $0.74 | $26K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 353,392 shares (Direct);
Common Stock — 21,000 shares (Indirect, By corporation)
Footnotes (1)
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FAQ
What insider transaction did PetVivo Holdings (PETV) report for Robert James Rudelius?
PetVivo reported that director Robert James Rudelius received a one-time grant of 35,000 restricted common shares. The grant was issued as compensation for prior Board service, rather than through an open-market purchase, making it a compensation-related equity award.
Was the PetVivo (PETV) insider transaction an open-market buy or sell?
No, the PetVivo insider transaction was not an open-market buy or sell. It was coded as a grant or award, representing 35,000 restricted common shares issued to director Robert Rudelius as compensation for past Board service, rather than a market trade.
What does the indirect ownership entry mean in the PetVivo (PETV) Form 4?
The Form 4 lists 21,000 PetVivo shares as indirectly owned by Robert Rudelius "By corporation." This indicates those shares are held through a corporate entity associated with him, distinguishing them from his 353,392 shares held in his own name.