Form 4: PetVivo Holdings CFO Garry Lowenthal Acquires Shares as Compensation

Sentiment:

SEC Form 4 Filing


Garry Lowenthal, CFO of PetVivo Holdings, acquired 29,412 shares of common stock at $0.51 per share as compensation for past performance.

Summary

  • Garry Lowenthal, the Chief Financial Officer of PetVivo Holdings, Inc. acquired 29,412 shares of common stock on May 19, 2025.
  • The shares were acquired at a price of $0.51 per share.
  • The acquisition was a grant of restricted common stock to a corporation owned by Lowenthal as compensation for past performance, converting a past accrued bonus into common stock.
  • Following the transaction, Lowenthal indirectly owns 445,316 shares through a corporation.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The CFO receiving stock as compensation suggests confidence in the company's future, but it's a standard practice.

Positives

  • The acquisition of shares by the CFO could be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

This type of stock grant is a common practice in corporate compensation, aligning executive incentives with shareholder value.

Stakeholder Impact

  • Shareholders may view the CFO's increased stake in the company positively.

Key Dates

DateDescription
05/19/2025Date of the transaction: Garry Lowenthal acquired 29,412 shares of common stock.

Keywords

PetVivo Holdings, Garry Lowenthal, CFO, stock acquisition, Form 4, compensation, restricted stock, beneficial ownership

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