Roy Kanishka sold PLMK
April 25, 2025 · Form 4 insider transaction
Roy Kanishka sold 25,000 shares of Plum Acquisition Corp. IV at $0.00 per share, a transaction worth N/A. The trade was recorded as j and disclosed on an SEC Form 4, filed 444 days after the transaction.
Footnotes
Each Class B ordinary share, par value $0.0001, ("Class B Shares") will automatically convert into Class A ordinary shares, par value $0.0001, of the Issuer ("Class A Shares") at a ratio of no less than one-to-one following the consummation of the Issuer's initial business combination, or earlier at the option of the holder thereof, subject to adjustment as set forth in the Issuer's registration statement on Form S-1 (File No. 333-281144). The Class B Shares have no expiration date.; Represents the Class B Shares transferred by the Sponsor to Aidin Aghamiri for services as a director.; The securities are held directly by Plum Partners IV, LLC (the "Sponsor"). Kanishka Roy, the Issuer's Chairman and Chief Executive Officer, is the managing member of the Sponsor, therefore, he may be deemed to have beneficial ownership of the securities held directly by the Sponsor. Mr. Roy disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.