PetVivo (NASDAQ: PETV) CEO-linked corporation receives 66,421-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lai John reported acquisition or exercise transactions in this Form 4 filing.
PetVivo Holdings, Inc. reported that a corporation owned by Chief Executive Officer John Lai received a grant of restricted common stock as compensation for his past performance. The award covers 66,421 shares of common stock at a stated value of $0.72 per share.
Following this grant, the corporation associated with Lai holds 2,306,913 shares of PetVivo common stock indirectly. This is a compensation-related stock award rather than an open-market purchase or sale, and reflects additional equity granted to an entity affiliated with the CEO.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lai John
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 66,421 | $0.72 | $48K |
Holdings After Transaction:
Common Stock — 2,306,913 shares (Indirect, By Corporation)
Footnotes (1)
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Key Figures
Restricted stock grant: 66,421 shares
Grant price per share: $0.72 per share
Indirect holdings after grant: 2,306,913 shares
3 metrics
Restricted stock grant
66,421 shares
Grant of restricted common stock to corporation owned by CEO
Grant price per share
$0.72 per share
Stated value for restricted common stock grant
Indirect holdings after grant
2,306,913 shares
Total PetVivo common shares indirectly held after transaction
Key Terms
restricted common stock, indirect, grant/award acquisition, By Corporation
4 terms
restricted common stock financial
"Represents a grant of restricted common stock to a corporation owned by the Reporting Person"
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
indirect financial
"total_shares_following_transaction ... direct_or_indirect: "I" ... ownership_type: "indirect""
grant/award acquisition financial
"transaction_action: "grant/award acquisition" and transaction_code_description: "Grant, award, or other acquisition""
By Corporation financial
"nature_of_ownership: "By Corporation" describing how the shares are held"
FAQ
What insider transaction did PetVivo Holdings (PETV) report for John Lai?
PetVivo reported a grant of restricted common stock to a corporation owned by CEO John Lai. The award covers 66,421 shares as compensation for his past performance, increasing that corporation’s indirect holdings in PetVivo.
Was the PetVivo (PETV) John Lai transaction an open-market buy or sell?
The transaction was not an open-market buy or sell. It was a grant of 66,421 restricted common shares to a corporation owned by John Lai, recorded as compensation for his past performance rather than a market trade.