Adhikari Saurav 4

What Happened

• Saurav Adhikari, a director of Roadzen Inc. (RDZN), was granted 152,732 shares (listed as a derivative award) on September 15, 2025. The Form 4 shows an acquisition price of $0.00, indicating this was an awarded grant rather than an open-market purchase.

Key Details

• Transaction date: 2025-09-15
• Transaction type/code: Award/Grant (code A); listed as a derivative security
• Price paid: $0.00 (no cash paid at grant per filing)
• Total reported value on Form 4: $0 (acquisition price basis shown as $0)
• Shares owned after transaction: not specified in the provided excerpt of the filing
• Filing date and timeliness: Form was filed on 2026-01-27, well after the transaction date (late filing). Late Form 4s reduce the immediacy of the disclosure and may limit its usefulness for timely trading decisions.

Context

• This entry appears to be a compensation-related equity award (e.g., restricted stock or similar derivative grant). Such awards are common for directors and do not necessarily reflect an immediate market view—unlike purchases, they are compensation rather than an out-of-pocket investment.
• Retail investors should watch for subsequent filings (e.g., sales or option exercises) for clearer signals of insider sentiment.