Form 4: PetVivo Holdings CFO Receives 35,000 Shares of Restricted Common Stock as Compensation

John Spencer Breithaupt, CFO of PetVivo Holdings, Inc., acquired 35,000 shares of restricted common stock as compensation for Board service.

Summary

• On October 16, 2024, John Spencer Breithaupt, the Chief Financial Officer of PetVivo Holdings, Inc., acquired 35,000 shares of common stock.
• These shares were granted as compensation for Board service.
• The shares vest in four equal amounts of 8,750 shares at the beginning of each quarter of Board service.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects standard executive compensation practices, aligning management interests with shareholders.

Positives

• The grant of shares aligns the CFO's interests with those of the company and its shareholders.
• The vesting schedule incentivizes continued service on the Board.

Industry Context

This type of stock grant is a common practice for compensating executives and board members in publicly traded companies, aligning their interests with the long-term success of the company.

Stakeholder Impact

• Shareholders may view this as a positive sign, indicating that the CFO is incentivized to contribute to the company's success.
• Employees may see this as a sign of stability and commitment from the management team.

Key Dates