PetVivo (PETV) CFO Garry Lowenthal Receives Award

What Happened
Garry N. Lowenthal, PetVivo's Chief Financial Officer, was granted 71,993 shares of restricted common stock on 2026-03-09 at $0.69 per share, with a total reported value of $49,675. The transaction is reported as an award/grant (code A) and was made to a corporation owned by Mr. Lowenthal as compensation for past performance.

Key Details

• Transaction date and price: 2026-03-09 at $0.69 per share.
• Shares granted: 71,993; total reported value: $49,675.
• Recipient: a corporation owned by the reporting person (per footnote F1).
• Security type: restricted common stock (footnote indicates restricted shares).
• Filing date: 2026-03-11 for the 2026-03-09 transaction — appears to be filed within the standard two-business-day Form 4 window.
• Shares owned after transaction: not disclosed in the filing.

Context
This was a compensation grant (restricted stock) rather than an open-market purchase or sale; such awards are typically tied to service or performance and may be subject to vesting or transfer restrictions, so they don't necessarily indicate the insider's near-term trading intent. The grant being made to an entity the insider owns is a common structure for holding compensation.