AI Catalyst Fund, LP - 30 Jan 2025 Form 4 Insider Report for ModivCare Inc (MODV)

Reporting relationship: 10%+ Owner
Issuer ticker: MODV
Reported as of: 30 Jan 2025
Net transaction value: +$1,677,000
SEC form: 4
Accepted by SEC: 03 Feb 2025, 21:56:40 UTC
Prior SEC filing: 27 Jan 2025
Source filing: View source filing
Reporting owner signature: /s/ David Mounts Gonzales, as President and Sole Managing Member of The AI Catalyst Fund, LP

Key filing fact

AI Catalyst Fund, LP filed Form 4 for ModivCare Inc (MODV) on 03 Feb 2025.

Key facts

This page summarizes AI Catalyst Fund, LP's Form 4 filing for ModivCare Inc (MODV).
3 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 03 Feb 2025, 21:56.

Change

Previous filing in this sequence was filed on 27 Jan 2025.
Current net transaction value: +$1,677,000.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MODV transaction

Common Stock, par value $0.001 per share ("Common Stock")

Purchase

Transaction value: $195,750
Shares: +45,000
Change %: +2.6%
Price: $4.35
Shares after: 1,755,000
Date: 30 Jan 2025
Ownership: Direct
Footnotes: F1, F4

MODV transaction

Common Stock, par value $0.001 per share ("Common Stock")

Purchase

Transaction value: $755,625
Shares: +187,500
Change %: +11%
Price: $4.03
Shares after: 1,942,500
Date: 31 Jan 2025
Ownership: Direct
Footnotes: F2, F4

MODV transaction

Common Stock, par value $0.001 per share ("Common Stock")

Purchase

Transaction value: $725,625
Shares: +187,500
Change %: +9.7%
Price: $3.87
Shares after: 2,130,000
Date: 03 Feb 2025
Ownership: Direct
Footnotes: F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The price reported in column 4 is a weighted average price. The shares were acquired in multiple transactions at prices ranging from $4.28 to $4.42, inclusive.

Footnote F2

The price reported in column 4 is a weighted average price. The shares were acquired in multiple transactions at prices ranging from $3.85 to $4.13, inclusive.

Footnote F3

The price reported in column 4 is a weighted average price. The shares were acquired in multiple transactions at prices ranging from $3.66 to $3.96, inclusive.

Footnote F4

This Common Stock is directly held by The AI Catalyst Fund, LP (the "AICF"). The AI Catalyst Fund GP, LLC ("AICF GP") is the general partner of AICF. Mr. Gonzales is the President and sole managing member of AICF GP. As such, each of AICF GP and Mr. Gonzales may be deemed to have beneficial ownership of the Common Stock directly held by AICF. Each such entity or person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.