Ruben Joshua David 4

What Happened

• Ruben Joshua David, a director of PetVivo Holdings, Inc. (PETV), received two restricted stock awards reported on Form 4. On 2026-01-02 he was granted 46,332 shares at $0.74/share (value $34,286). On 2026-03-09 he was granted 7,500 shares at $0.74/share (value $5,550). These are awards/compensation (transaction code A), not open-market purchases or sales.

Key Details

• Transaction dates and prices:
  • 2026-01-02: 46,332 shares @ $0.74 = $34,286 (aggregate annual grant)
  • 2026-03-09: 7,500 shares @ $0.74 = $5,550 (one-time grant for prior service)
• Total shares awarded: 53,832; total reported value ≈ $39,836.
• Shares owned after the transactions: not specified in the supplied filing excerpt.
• Footnotes:
  • F1: The 46,332-share grant vests in four parts: a pro‑rated 8,832 shares for the first quarter and 12,500 shares at the start of each subsequent quarter of board service.
  • F2: The 7,500-share grant is a one-time award as compensation for prior board service.
• Timeliness: The Form 4 was filed 2026-03-23; since Form 4s are generally due within two business days of the transaction, this filing appears to have been submitted late.

Context

• These transactions are grants of restricted common stock as board compensation, which typically vest over time and do not represent open-market buying or selling. Such awards are routine for directors and may be for ongoing or prior service rather than an immediate signal of insider sentiment.