July 17, 2025 · Form 4 insider transaction
Tiwari Deepankar bought 1,000,000 shares of Zoomcar Holdings, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 210 days after the transaction.
Issued pursuant to that certain Non statutory Inducement Award Agreement between the issuer and the reporting person dated July 17, 2025, which was approved by the issuer's compensation committee comprising of independent directors. 25%, or 250,000 shares of common stock, vested on June 30, 2025, 25%, or 250,000 shares of common stock, vested on Sep 30, 2025, 25%, or 250,000 shares of common stock, vested on Dec 31, 2025, the remaining 25%, or 250,000 shares vest on March 31, 2026.