4Filed Sep 14, 8:00 PM ET
PetVivo (PETV) 10% Owner A.L. Sarroff Fund Buys 58,602 Shares
$PETV · PetVivo Holdings, Inc.Research Summary
AI-generated summary of this SEC filing
PetVivo (PETV) 10% Owner A.L. Sarroff Fund Buys 58,602 Shares
What Happened A.L. Sarroff Fund, LLC (reported as a 10% owner linked to CEO Alan L. Sarroff) made multiple purchases of PetVivo Holdings, Inc. (PETV) common stock in early September 2026. The fund acquired a total of 58,602 shares across four transactions on 2026-08-27, 2026-09-09, 2026-09-10 and 2026-09-14 at prices of $0.68–$0.69 per share, for an aggregate reported cost of $40,022. These were purchases (code P), which are typically viewed as a more informative, potentially bullish insider action than sales.
Key Details
- Transactions (open market/private purchases, code P):
- 2026-08-27: 580 shares @ $0.69 = $398
- 2026-09-09: 22,160 shares @ $0.68 = $15,047
- 2026-09-10: 10,974 shares @ $0.68 = $7,429
- 2026-09-14: 24,888 shares @ $0.69 = $17,148
- Total acquired: 58,602 shares for $40,022.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnotes of note:
- F1: Some holdings are reported as held by Eileen Sarroff (spouse).
- F2: Alan L. Sarroff is CEO and Managing Member of A.L. Sarroff Fund, LLC, and is deemed to beneficially own and have sole voting and dispositive power over the fund’s securities.
- Filing timeliness: Form 4 filed 2026-09-15; transactions span through 2026-09-14. No indication in the filing excerpt that the report was late.
Context
- The reported buyer is a 10% owner vehicle (A.L. Sarroff Fund, LLC) associated with the company’s CEO, so these purchases reflect insider-related buying rather than unrelated institutional investor activity. Some shares are held in the spouse’s name per the footnote.
- Purchases are factual signals of insider accumulation but do not explain motivation; they should be considered alongside other company developments and fundamentals.