Form 4: SS Innovations International CEO Sudhir Srivastava Reports Share Transaction

Sudhir Srivastava, Chairman and CEO of SS Innovations International, reported a transaction involving 10,000 shares of common stock held indirectly through Sushruta Pvt. Ltd.

Summary

• Sudhir Srivastava, the Chairman and CEO of SS Innovations International, filed a Form 4 with the SEC.
• The filing reports a transaction on December 26, 2024, where 10,000 shares of common stock were disposed of.
• The shares were disposed of at a price of $0.
• Following the transaction, Mr. Srivastava indirectly beneficially owns 103,197,140 shares of SSII common stock.
• These shares are held through Sushruta Pvt. Ltd., where Mr. Srivastava has a controlling interest.

Sentiment

Score: 5

Explanation: This is a neutral filing of a share transaction. It doesn't indicate positive or negative sentiment, but rather a required disclosure.

Management Comments

• The reporting person has a controlling interest in Sushruta Pvt. Ltd. which holds the shares of SSII covered by this report.

Industry Context

This is a standard SEC filing for reporting changes in beneficial ownership by company insiders. It is a routine part of corporate governance and transparency.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the US.
• The reporting of indirect ownership through a private entity is also common.
• The transaction of shares at $0 is not typical for market sales and suggests a transfer or gift.

Stakeholder Impact

• This filing provides transparency to shareholders regarding the ownership of company stock by a key executive.

Key Dates

Keywords

SEC Form 4, Beneficial Ownership, SS Innovations International, Sudhir Srivastava, Share Transaction, Sushruta Pvt. Ltd., Common Stock