Form 4: Zivo Bioscience Director Acquires Shares in Exchange for Obligation Release
SEC Form 4 Filing
Laith L. Yaldoo, a director and 10% owner of Zivo Bioscience, Inc., acquired shares in exchange for the release of certain company obligations.
Summary
- On January 22, 2025, Laith L. Yaldoo, a director and 10% owner of Zivo Bioscience, Inc. (ZIVO), acquired 7,200 shares of common stock at a price of $17.528 per share.
- Additionally, Yaldoo acquired 2,880 shares of common stock at the same price on the same date.
- These shares were acquired indirectly through HEP Investments LLC.
- The acquisitions were made in exchange for the release of certain obligations of Zivo Bioscience under the License Co-Development Participation Agreement.
- Following these transactions, Yaldoo beneficially owns 554,626 shares through HEP Investments LLC.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity. The transaction itself doesn't necessarily indicate positive or negative sentiment about the company's prospects.
Positives
- A director's increased stake in the company can be seen as a sign of confidence in the company's future.
Industry Context
This transaction is a routine disclosure of insider trading activity, which is common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder confidence due to the director's increased investment.
Key Dates
| Date | Description |
|---|---|
| 01/22/2025 | Date of the share acquisition transaction. |
| 04/04/2025 | Date of signature of the Form 4 filing. |
Keywords
Zivo Bioscience, Director, Share Acquisition, Form 4, Beneficial Ownership, Laith L. Yaldoo, HEP Investments LLC, License Co-Development Participation Agreement
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