[Form 4] Wellgistics Health, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wellgistics Health, Inc. reported that Chief Executive Officer Prashant Patel received significant equity compensation. On March 31, 2026, he was granted 5,000,000 shares of common stock at a stated value of $0.20 per share, increasing his direct holdings to 9,118,247 shares.
On the same date, he also received 5,000,000 warrants to purchase common stock with a $0.01 exercise price, expiring on March 31, 2031. The filing notes both the shares and warrants were issued as compensation for his service in transactions exempt from registration under Section 4(a)(2) of the Securities Act of 1933.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Patel Prashant
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Warrant | 5,000,000 | $0.01 | $50K |
| Grant/Award | Common Stock | 5,000,000 | $0.20 | $1.00M |
Holdings After Transaction:
Warrant — 5,000,000 shares (Direct, null);
Common Stock — 9,118,247 shares (Direct, null)
Footnotes (1)
- The Issuer issued the Reporting Person 5,000,000 shares of common stock (the "Shares") as compensation for the Reporting Person's service to the Issuer. The Shares were issued in a transaction exempt from registration under Section 4(a)(2) of the Securities Act of 1933. The Issuer issued the Reporting Person 5,000,000 warrants to purchase common stock (the "Warrants") as compensation for the Reporting Person's service to the Issuer. The Warrants were issued in a transaction exempt from registration under Section 4(a)(2) of the Securities Act of 1933.