Form 4: Tevogen Bio CEO Gifts 50,000 Shares to Charity

Tevogen Bio CEO Ryan H. Saadi reported a 50,000-share charitable gift.

Summary

• Ryan H. Saadi, Chief Executive Officer, Director, and 10% Owner of Tevogen Bio Holdings Inc. (TVGN), reported a gift of 50,000 shares of common stock.
• The transaction occurred on December 18, 2025, and was made pursuant to a Rule 10b5-1 plan.
• The shares were gifted to Mount Bethel Volunteer Fire Company 1, which is identified as a charitable entity.
• Following this transaction, Mr. Saadi directly beneficially owns 124,284,453.322 shares of Tevogen Bio Holdings Inc. common stock.
• Mr. Saadi also indirectly beneficially owns 193,924 shares through his wife.

Sentiment

Score: 7

Explanation: The filing reports a routine insider transaction involving a charitable gift of shares, which is generally viewed as a positive act of philanthropy by a key executive. It does not contain information that would significantly alter the company's financial or operational sentiment.

Positives

• The filing indicates philanthropic activity by a key executive, Ryan H. Saadi, through a gift to a charitable organization.
• The transaction was made pursuant to a Rule 10b5-1 plan, indicating a pre-arranged disposition strategy.

Negatives

• A minor reduction in the direct beneficial ownership of common stock by the CEO, though the amount is negligible relative to his total holdings.

Future Outlook

This Form 4 filing reports an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing reports a routine insider transaction and does not provide information relevant to broader industry trends or competitive landscape analysis.

Stakeholder Impact

• Shareholders: The impact on shareholders is negligible due to the relatively small number of shares gifted (50,000) compared to the CEO's total holdings and the company's overall outstanding shares.
• Community: The Mount Bethel Volunteer Fire Company 1, as the recipient of the charitable gift, will benefit from the donation.

Key Dates

Keywords

Tevogen Bio Holdings Inc., TVGN, Ryan H. Saadi, Form 4, insider transaction, stock gift, beneficial ownership, CEO, director, 10% owner, common stock, charitable donation, Rule 10b5-1