Agrawal Sundeep 4
4 · PAVmed Inc. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
PAVmed (PAVM) Director Sundeep Agrawal Receives Restricted Stock Award
What Happened
- Sundeep Agrawal, a director of PAVmed Inc. (PAVM), received a grant of 13,930 restricted shares on April 2, 2026. The shares were issued at $0.00 per share (total purchase value $0) as an award under the company’s equity plan — this is a compensation award, not an open-market purchase.
Key Details
- Transaction date: April 2, 2026 (reported on Form 4 filed April 3, 2026).
- Transaction type/code: Award/Grant (A) of 13,930 restricted common shares at $0.00.
- Vesting and forfeiture: The shares vest on a single date — May 20, 2029 — and are subject to forfeiture if the service requirement is not met (per footnote).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Reported the next day (timely under Form 4 rules).
Context
- These are restricted (unvested) shares granted as compensation under PAVmed’s Long-Term Incentive Equity Plan. Such awards are common for directors and provide future upside if the director remains in service and the shares vest; they do not represent an immediate cash investment or sale.
- Because the award vests in 2029, it does not indicate a near-term change in insider selling or buying behavior.
Insider Transaction Report
Form 4
PAVmed Inc.PAVM
Agrawal Sundeep
Director
Transactions
- Award
Common Stock
[F1]2026-04-02+13,930→ 19,337 total
Footnotes (1)
- [F1]Represents restricted stock granted to the reporting person under the issuer's Seventh Amended and Restated 2014 Long-Term Incentive Equity Plan with a single vesting date of May 20, 2029. Such restricted stock is subject to forfeiture if the requisite service period is not completed.
Signature
/s/ Michael A. Gordon, by power of attorney|2026-04-02