Form 4: PetVivo Holdings CFO Garry Lowenthal Receives 75,000 Shares of Restricted Common Stock
SEC Form 4
Garry Lowenthal, CFO of PetVivo Holdings, Inc., acquired 75,000 shares of restricted common stock as compensation.
Summary
- Garry N. Lowenthal, Chief Financial Officer of PetVivo Holdings, Inc., reported a transaction on April 14, 2025.
- Lowenthal acquired 75,000 shares of common stock at a price of $0.5 per share.
- These shares were granted as restricted common stock to a corporation owned by Lowenthal as compensation for past performance.
- Following the transaction, Lowenthal beneficially owns 415,904 shares indirectly through a corporation.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The grant of stock is a positive sign of incentivizing management, but it's a routine transaction.
Positives
- The grant of restricted stock suggests the company values Lowenthal's contributions.
- The acquisition increases Lowenthal's stake in the company, aligning his interests with shareholders.
Industry Context
This type of stock grant is a common practice to incentivize and retain key executives in publicly traded companies, aligning their interests with the long-term success of the company.
Comparison to Industry Standards
- Stock grants to executives are a standard compensation practice in the industry.
- The size of the grant (75,000 shares) should be compared to grants given to executives at similar companies in the animal health sector to determine if it is within the normal range.
- Companies like Zoetis and Elanco Animal Health also use stock grants as part of their executive compensation packages.
Stakeholder Impact
- Shareholders may view the stock grant positively as it aligns management's interests with the company's performance.
- Employees may see this as a positive sign of the company's commitment to its leadership.
Key Dates
| Date | Description |
|---|---|
| 04/14/2025 | Date of transaction: Garry Lowenthal acquired 75,000 shares of common stock. |
| 04/15/2025 | Date of signature on the SEC Form 4. |
Keywords
PetVivo Holdings, Garry Lowenthal, CFO, restricted stock, common stock, beneficial ownership, compensation, PETV
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