SWETS LARRY G JR 4

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.