Lai John 4
Research Summary
AI-generated summary
PetVivo (PETV) CEO John Lai Receives 72,282-Share Award
What Happened
- John Lai, CEO of PetVivo Holdings, Inc. (PETV), was granted 72,282 restricted common shares on 2026-03-09. The grant is recorded at $0.69 per share for a total reported value of $49,875. This was an award/grant (Form 4 transaction code "A"), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-09; Form 4 filed: 2026-03-11.
- Price/value: $0.69 per share; total reported value $49,875.
- Shares granted: 72,282 restricted common shares.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote (F1): The shares were granted to a corporation owned by the reporting person as compensation for the reporting person’s past performance.
- Filing timeliness: Reported two days after the transaction date, which appears to be within the usual 2-business-day Form 4 window.
Context
- This was a compensation grant of restricted stock to an entity controlled by the CEO, per the footnote. Such grants are commonly part of executive compensation and do not necessarily signal a personal market purchase or sale.