IGC Pharma Director Claudia Grimaldi Gifts 150,000 Shares

What Happened
Claudia Grimaldi, Principal Financial Officer (PFO) and director of IGC Pharma, reported a gift disposition of 150,000 common shares on 2026-09-25. The Form 4 lists the transaction as a gift (code G) with a reported price of $0.00 and $0 total proceeds, indicating shares were transferred rather than sold on the market.

Key Details

• Transaction date: 2026-09-25; Form 4 filed: 2026-09-29.
• Transaction type/code: Gift (G); Price per share reported: $0.00; Total reported proceeds: $0.
• Shares disposed: 150,000. Shares owned after the transaction are not specified in the provided filing excerpt.
• Footnote: F1 — recipient is the reporting person’s child who does not share the reporting person’s household.
• Filing timeliness: Form 4 filed 4 days after the transaction date; the filing does not include a late-filing flag in the provided excerpt.

Context
A gift is a non-sale disposition and does not directly signal the insider’s view of the company’s prospects. Such transfers are often for personal, estate-planning, or family reasons. This report is informational; it does not indicate a market transaction that generated cash proceeds.