PetVivo CEO John Lai Receives 31,250 Shares in Private Placement

What Happened
John Lai, CEO of PetVivo Holdings, Inc. (PETV), acquired 31,250 restricted common shares on 2026-09-09 at $0.78 per share (total ~ $24,375) in connection with a private placement. The Form 4 also shows a reported conversion of a derivative security for 31,250 shares on 2026-09-08 (listed as a disposition; price N/A). The 9/9 entry is an acquisition/award (private placement subscription), which is a purchase-type transaction (more informative than a routine sale).

Key Details

• 2026-09-09: Acquisition (A) — 31,250 shares @ $0.78; total cash paid ≈ $24,375.
• 2026-09-08: Conversion of derivative security (C) — 31,250 shares reported as disposed (price N/A; recorded as a derivative transaction).
• Footnote F1: Acquisition represents restricted common stock and warrants obtained via a private placement under a subscription agreement.
• Shares owned after the transactions: not disclosed in the filing.
• Filing date: 2026-09-10 for report period 2026-09-09 — filing appears timely.

Context
A conversion-of-derivative entry typically means a convertible instrument (e.g., warrant, convertible note or option) was converted into common shares; the filing treats that conversion separately from the private placement acquisition. The 9/9 private placement is a direct acquisition of restricted stock and warrants, which is a buy (potentially a more positive signal than a sale), but filings do not state Lai’s motivation. This is a disclosure of insider activity, not an analyst recommendation.