Khare Bhisham 4
Research Summary
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Aeries Technology (AERT) CEO Bhisham Khare Receives 125,000-Share Award
What Happened
Bhisham Khare, CEO of Aeries Technology, received a grant of 125,000 derivative shares (reported as a grant/award) on May 28, 2026. The Form 4 reports the acquisition at $0.00 cash consideration (i.e., no cash paid at grant). The transaction is recorded as a derivative award (share options per the filing footnote), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-28; Form 4 filed: 2026-06-30 (filed late relative to the 2-business-day rule).
- Reported consideration: $0.00 (grant/award, derivative).
- Quantity: 125,000 shares/options awarded (post-consolidation-adjusted number per footnote).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: Award was granted prior to a 1-for-8 share consolidation effective June 12, 2026; the number of share options and the exercise price shown reflect post-consolidation adjustments.
- Accession: 0001829126-26-007084 (for reference).
Context
This was a compensation-related derivative grant (share options per the footnote), not a purchase or sale — such awards are common for executives and do not by themselves indicate a buy/sell signal. The late filing delays public transparency; timely Form 4s let investors see insider activity sooner, so late reporting reduces short-term informational value.