Form 4: SS Innovations International Chairman and CEO Sudhir Srivastava Reports Beneficial Ownership Changes
SEC Form 4 Filing
Sudhir Srivastava, Chairman and CEO of SS Innovations International, reports changes in beneficial ownership of company stock, including shares held indirectly through Sushruta Pvt. Ltd.
Summary
- Sudhir Srivastava, Chairman and CEO of SS Innovations International, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- The report indicates a transaction on December 31, 2024, where 3,644,315 shares of common stock were disposed of at a price of $1.372 per share.
- Following the transaction, Srivastava directly owns 99,552,825 shares.
- Additionally, Srivastava has a controlling interest in Sushruta Pvt. Ltd., which holds shares of SS Innovations International.
- The filing was signed on January 3, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports a transaction.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- Shareholders may be interested in the insider's transactions as an indicator of management's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of stock transaction (disposal of shares) |
| 01/03/2025 | Date of Form 4 signature |
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