Form 4: Provco Ventures Increases DYNT Stake via Dividend

Provco Ventures 1 LP, a 10% owner and director, increased its beneficial ownership in Dynatronics Corp by acquiring 576,394 shares of common stock through a dividend payment.

Summary

• Provco Ventures 1 LP acquired 576,394 shares of Dynatronics Corp common stock.
• The transaction occurred on October 1, 2025.
• The shares were acquired at a price of $0.0593 per share.
• This acquisition was a payment of quarterly dividends on 8% Preferred Stock, with shares valued at 90% of the 10-day average closing bid price.
• Following this transaction, Provco Ventures 1 LP beneficially owns 2,731,955 shares of common stock.
• Provco Ventures 1 LP is a Director and 10% Owner of Dynatronics Corp.

Sentiment

Score: 6

Explanation: Slightly positive due to increased insider ownership, even if it's a dividend payment rather than an open market purchase, indicating continued commitment.

Positives

• Increased beneficial ownership by a significant shareholder and director, Provco Ventures 1 LP, which can signal continued commitment to the company's future.

Negatives

• The issuance of new common shares for dividend payments can lead to a slight dilution for existing common stockholders.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Provco Ventures 1 LP, a 10% owner and director of Dynatronics Corp, received common stock as a dividend payment on its 8% Preferred Stock holdings.

Stakeholder Impact

• Shareholders: Existing common shareholders experience slight dilution due to the issuance of new shares for dividend payments, but also benefit from increased insider ownership, which can align interests.

Key Dates

Recommendation

While the increase in insider ownership by a 10% owner and director is generally a positive signal, this transaction is a routine dividend payment in shares rather than an open market purchase. It indicates continued commitment but does not provide a strong catalyst for a 'buy' or 'sell' recommendation based solely on this filing. Investors should 'hold' and monitor future operational performance and market developments.

Keywords

Dynatronics Corp, DYNT, Provco Ventures, Insider Ownership, Form 4, Common Stock, Dividend Reinvestment, Preferred Stock, Share Acquisition