Form 4: Tevogen Bio CFO Gifts 300,000 Shares to Charities
Insider Transaction Report
Tevogen Bio Holdings Inc. CFO Kirti Desai gifted 300,000 shares of common stock to two charitable organizations.
Summary
- Kirti Desai, Chief Financial Officer of Tevogen Bio Holdings Inc. (TVGN), reported a disposition of common stock.
- The transaction involved gifting 300,000 shares of common stock.
- The shares were gifted to Shrimad Rajchandra Love and Care USA, Inc. (100,000 shares) and Shrimad Rajchandra Mission Dharampur (USA), Inc. (200,000 shares), both identified as charitable entities.
- Following this transaction, Kirti Desai beneficially owns 10,149,186 shares of common stock.
- The transaction date was December 11, 2025.
Sentiment
Score: 5
Explanation: The filing reports a personal philanthropic transaction by a company executive, which is neutral regarding the company's operational or financial performance.
Future Outlook
NA
Management Comments
- Kirti Desai, Chief Financial Officer, executed a gift of 300,000 shares of common stock to charitable organizations.
Industry Context
NA
Stakeholder Impact
- No direct material impact on shareholders, employees, customers, suppliers, or creditors from this personal transaction.
- The charitable organizations, Shrimad Rajchandra Love and Care USA, Inc. and Shrimad Rajchandra Mission Dharampur (USA), Inc., are positively impacted by receiving the gifted shares.
Key Dates
| Date | Description |
|---|---|
| 12/11/2025 | Date of stock disposition (gift) by Kirti Desai |
| 12/15/2025 | Signature date of the reporting person, Kirti Desai |
Recommendation
holdThis Form 4 filing reports a personal philanthropic gift of shares by the CFO and does not provide information that would warrant a change in investment recommendation for Tevogen Bio Holdings Inc. The transaction is a routine insider disclosure and does not reflect on the company's operational or financial performance.
Keywords
Tevogen Bio Holdings Inc., TVGN, Kirti Desai, CFO, Form 4, Insider Transaction, Stock Gift, Charitable Donation
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