Pawlak Chad Lee Sr. 4

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.