Form 4: Renovaro Inc. Director William Anderson Wittekind Reports Share Transfer and Beneficial Ownership Changes
SEC Form 4 Filing
Director William Anderson Wittekind reports a transfer of 350,000 shares and adjustments to his beneficial ownership in Renovaro Inc.
Summary
- On March 10, 2025, William Anderson Wittekind, a director of Renovaro Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's common stock.
- He transferred 350,000 shares to RS Group ApS as part of a settlement agreement.
- Following the transaction, Wittekind directly owns 3,353,878 shares, including 88,121 shares held jointly with his spouse.
- He also indirectly owns 840,319 shares through Weird Science LLC, 1,500,568 shares through GRATs, and 12,438,431 shares held by his spouse.
- Wittekind disclaims beneficial ownership of the shares held by his spouse, except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing share transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about changes in ownership.
Risks
- A writ of attachment issued by the United States District Court for the District of Vermont includes 12,438,431 shares held by Wittekind's spouse, potentially impacting the shares' availability.
Industry Context
This filing is a routine disclosure of insider transactions, required by the SEC to ensure transparency and prevent insider trading. It provides investors with insights into the actions of company insiders, which can be a factor in investment decisions.
Legal Proceedings
- Shares were transferred to RS Group ApS pursuant to a settlement agreement terminating the action entitled RS Group ApS v. GWRS Holdings LLC et al. (Superior Court of Los Angeles County, CA, Case No. 22STCV26335).
Stakeholder Impact
- The share transfer and changes in beneficial ownership may be of interest to shareholders, as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 07/07/2022 | Date of writ of attachment issued by the United States District Court for the District of Vermont. |
| 03/10/2025 | Date of transaction (share transfer) and filing of Form 4. |
| 03/12/2025 | Date of signature on the Form 4. |
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