Key facts
- This page summarizes Kevin Schuyler's Form 4 filing for Forza X1, Inc..
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 26 Nov 2024, 16:59.
Kevin Schuyler - 26 Nov 2024 Form 4 Insider Report for Forza X1, Inc.
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 26 Nov 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 26 Nov 2024, 16:59:42 UTC
- Prior SEC filing
- 18 Sep 2024
- Next SEC filing
- 21 May 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Kevin Schuyler
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Kevin Schuyler filed Form 4 for Forza X1, Inc. on 26 Nov 2024.
Change
- Previous filing in this sequence was filed on 18 Sep 2024.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
FRZA
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -100,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 26 Nov 2024
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
FRZA
transaction
Derivative
Stock Option (Right to Buy)
Disposed to Issuer
- Transaction value
- Shares
- -5,500
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 26 Nov 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 5,500
- Exercise price
- $5.00
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Kevin Schuyler is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
Disposed of pursuant to the merger (the "Merger") of Twin Vee Merger Sub, Inc. a Delaware corporation and wholly owned subsidiary of Twin Vee PowerCats Co., a Delaware corporation ("Twin Vee"), into Forza X1, Inc. ("Forza"), in exchange for 61,166 shares of Twin Vee common stock. Each share of Forza common stock was exchanged for 0.611666275 shares of Twin Vee common stock on the effective date of the Merger.
Footnote F2
Consists of options to purchase shares of common stock that are fully vested and exercisable for a period of ten years from the date of grant, commencing on September 1, 2022.
Footnote F3
This option was assumed by Twin Vee in the Merger and replaced with an option to purchase 3,364 shares of Twin Vee common stock for $8.17 per share.