Sudhir Srivastava 4
Research Summary
AI-generated summary
SS Innovations (SSII) 10% Owner Sudhir Srivastava Sells Shares
What Happened
Sudhir Srivastava, a reported 10% owner of SS Innovations International, Inc. (SSII), disposed of 21,506 shares on May 12, 2026 at $5.00 per share, realizing $107,530. The transaction is coded as "J" (other acquisition or disposition); footnote F1 states the shares were transferred pursuant to a settlement agreement dated May 4, 2026. Footnote F2 notes the shares of record are held by Sushruta Pvt. Ltd., an entity the reporting person controls.
Key Details
- Transaction date: 2026-05-12
- Price and quantity: 21,506 shares at $5.00 per share — total $107,530
- Transaction code: J (other acquisition/disposition) — recorded as a disposition/transfer, not an open-market sale
- Shares owned after transaction: not specified in the filing; security of record is held by Sushruta Pvt. Ltd. (reporting person has controlling interest)
- Footnotes: F1 = transfer pursuant to settlement agreement (May 4, 2026); F2 = reporting person controls the record holder
- Filing timing: Report filed 2026-05-13 for a 2026-05-12 transaction (filed timely under Form 4 rules)
Context
As a 10% owner, this is an insider/institutional-level disclosure rather than routine executive trading. Because the transfer was made pursuant to a settlement agreement and recorded as an "other" disposition, it may not reflect an open-market sale or direct expression of market sentiment. The filing is factual; it does not state the counterparty or reasons beyond the referenced settlement.