Pawlak Chad Lee Sr. 4
4 · Genvor Inc · Filed Apr 16, 2026
Research Summary
AI-generated summary of this filing
Genvor (GNVR) CEO Chad Pawlak Receives 250,000-Share Award
What Happened Chad Lee Pawlak Sr., CEO of Genvor Inc. (GNVR), was granted/acquired 250,000 shares on 2026-04-15 at an effective price of $0.50 per share, for a total value of $125,000. This acquisition was recorded on an SEC Form 4 filed 2026-04-16. The award represents a conversion of outstanding payables into equity under a restructured compensation arrangement.
Key Details
- Transaction date: 2026-04-15; Form 4 filed: 2026-04-16 (timely filing).
- Shares acquired: 250,000 shares at $0.50 per share; total value $125,000.
- Shares owned after transaction: not specified in the provided filing details.
- Footnote: The grant converts $125,000 of payables owed to Mr. Pawlak into equity, pursuant to a compensation package approved by the Board on December 20, 2024.
- Transaction code: A (award/grant/acquisition); not a market purchase or sale.
Context This was a compensation-related equity award (conversion of company payables) rather than an open-market purchase or sale. Such conversions reduce company liabilities and increase outstanding shares (dilution), but do not necessarily signal the insider's view on the stock. No immediate sale or 10b5-1 plan is indicated in the filing.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-15$0.50/sh+250,000$125,000→ 7,000,000 total
Footnotes (1)
- [F1]Compensation award for Mr. Pawlak's conversion of $125,000 in outstanding payables owed by the Company, pursuant to restructured compensation package approved by the Company's Board of Directors as of December 20, 2024.