VISCONTI JOSEPH C 4
4 · Forza X1, Inc. · Filed Sep 17, 2024
Insider Transaction Report
Form 4
Forza X1, Inc.FRZA
VISCONTI JOSEPH C
DirectorExecutive Chairman10% Owner
Transactions
- Purchase
Common Stock
2024-09-13$0.24/sh+28,442$6,818→ 98,442 total
Holdings
- 1,175,000(indirect: See footnote)
Common Stock
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $0.2360 through $0.24, inclusive. The reporting person undertakes to provide to the registrant, any security holder of the registrant, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F2]Joseph Visconti is Forza's Interim Chief Executive Officer, Executive Chairman and Chief of Product Development. He is also the Chairman of the Twin Vee Board of Directors and Twin Vee's Chief Executive Officer. These shares are owned directly by Twin Vee. Mr. Visconti owns 24.455% of the outstanding Twin Vee Common Stock. Twin Vee is the owner of 7,000,000 shares of Forza Common Stock. Mr. Visconti is deemed to have control over the shares of Forza Common Stock owned by Twin Vee. Mr. Visconti disclaims beneficial ownership of these securities.