Twin Vee PowerCats, Co.·4

Mar 18, 5:01 PM ET

SWETS LARRY G JR 4

4 · Twin Vee PowerCats, Co. · Filed Mar 18, 2026

Research Summary

AI-generated summary of this filing

Updated

Twin Vee PowerCats (VEEE) Director Larry Swets Buys 100,000 Shares

What Happened

  • Director Larry G. Swets Jr. acquired a total of 100,000 shares of Twin Vee PowerCats common stock in two purchase transactions: 50,000 shares at $0.38 on 2026-03-16 (worth $19,000) and 50,000 shares at $0.36 on 2026-03-18 (worth $18,000). Both transactions are coded "P" (purchase), so these are outright buys rather than sales or option exercises.

Key Details

  • Transaction dates and prices: 2026-03-16 — 50,000 @ $0.38 ($19,000); 2026-03-18 — 50,000 @ $0.36 ($18,000). Total purchased: 100,000 shares for $37,000.
  • Footnotes: F1 — the 3/16 entry relates to shares issued in the issuer's public best-efforts offering at $0.38 per share (offering closed 3/17/2026). F2 — the 3/18 purchase was an open-market buy made in accordance with the issuer's trading policies.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Filing timeliness: Form 4 was filed 2026-03-18 covering the 3/16 and 3/18 trades; this appears to be timely (Form 4s are generally due within two business days of the transaction).

Context

  • These were purchases (insider buys can be of interest to investors as a potential positive signal), but filings alone do not explain the insider's motivation. One purchase was part of a company offering (F1) and the other an open-market buy (F2), which are procedural differences worth noting.

Insider Transaction Report

Form 4
Period: 2026-03-16
Transactions
  • Purchase

    Common stock

    [F1]
    2026-03-16$0.38/sh+50,000$19,000200,000 total
  • Purchase

    Common stock

    [F2]
    2026-03-18$0.36/sh+50,000$18,000250,000 total
Footnotes (2)
  • [F1]Shares of common stock that were issued in a public best efforts offering by the Issuer pursuant to the Registration Statement on Form S-3 (File No. 333-293911), including the base prospectus therein, which was declared effective by the Commission on March 5, 2026, and a related prospectus supplement, dated March 16, 2026, which shares were issued at a public offering price of $0.38 per share of common stock. The transaction closed on March 17, 2026.
  • [F2]Open market purchase of shares in accordance with Issuer's trading policies.
Signature
/s/ Larry Swets, Jr.|2026-03-18

Documents

1 file
  • 4
    ownership.xmlPrimary