4Filed Jul 21, 8:00 PM ET
PetVivo CFO Garry Lowenthal Receives 75,000-Share Award
$PETV · PetVivo Holdings, Inc.Research Summary
AI-generated summary of this SEC filing
PetVivo CFO Garry Lowenthal Receives 75,000-Share Award
What Happened
- Garry N. Lowenthal, Chief Financial Officer of PetVivo Holdings, Inc. (PETV), was granted 75,000 shares of restricted common stock on 2026-07-21. The shares were recorded at $0.77 per share, for a total value of $57,750. This transaction is an award/grant (code A) as compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-07-21; Form 4 filed: 2026-07-22 (timely).
- Price per share: $0.77; shares granted: 75,000; total value: $57,750.
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Footnote: Grant was made to a corporation owned by the reporting person as compensation for past performance (see F1).
- Transaction type: Award/Grant (A). No indication this was a sale or exercise.
Context
- This was a compensation-related grant of restricted common stock. Restricted shares typically carry vesting or transfer limitations, so they don’t necessarily reflect an immediate market bet by the insider.
- Such awards are common for executive compensation; they increase the insider’s potential ownership but are distinct from open-market purchases or sales.