Chaudhry Muhammad Arshad 4
4 · Agroz Inc. · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
Agroz (AGRZ) Director Chaudhry Redeems 40,000 RCPS
What Happened
Chaudhry Muhammad Arshad, a director of Agroz Inc. (AGRZ), had 40,000 Redeemable Convertible Preferred Shares (RCPS) redeemed by the issuer on December 3, 2025. The RCPS were redeemed at $2.50 per share, producing $100,000 in cash. The filing reports this as a derivative disposition (transaction code J) rather than a sale of ordinary shares.
Key Details
- Transaction date: 2025-12-03 (reported on Form 4 filed 2026-04-01).
- Transaction type: Derivative disposition (redemption of RCPS), code J.
- Amount redeemed: 40,000 RCPS at $2.50 per share = $100,000 total.
- Holdings before/after: Mr. Chaudhry previously held 100,000 RCPS (40,000 purchased 8/28/2023 and 60,000 purchased 9/19/2024). After the 40,000 RCPS redemption, 60,000 RCPS remain outstanding to him (unless converted).
- Footnotes: RCPS are convertible 1:1 into ordinary shares with no consideration payable; RCPS are convertible until maturity (two years after issuance). RCPS outstanding at maturity that are not converted will be redeemed at the subscription price. The filing notes Mr. Chaudhry did not convert the redeemed RCPS.
- Timeliness: The Form 4 was filed on 2026-04-01 for a 2025-12-03 transaction, which is later than the usual two-business-day filing window for Form 4 (a late filing).
Context
- This was a redemption of preferred shares (a derivative disposition), not an open-market sale of ordinary stock. Redemptions return cash to the holder and do not directly signal a market sale of common shares.
- The RCPS carried a 1:1 conversion right into ordinary shares but were redeemed instead of converted in this instance.
Insider Transaction Report
Form 4
Agroz Inc.AGRZ
Chaudhry Muhammad Arshad
Director
Transactions
- Other
Redeemable Convertible Preferred Shares
[F1][F2][F3]2025-12-03$100000.00/sh−40,000$4,000,000,000→ 60,000 totalExercise: $0.00From: 2023-08-28Exp: 2025-08-28→ Ordinary Shares (40,000 underlying)
Footnotes (3)
- [F1]No consideration is payable for the conversion of the Redeemable Convertible Preferred Shares ("RCPS"). The RCPS holders may convert at a ratio of one (1) RCPS to one (1) Ordinary Share prior to the maturity date of the RCPS.
- [F2]The Redeemable Convertible Preferred Shares ("RCPS") are convertible until their maturity date ("Maturity Date"), which is two years after the issuance date. All RCPS which are outstanding as of the Maturity Date and have not been converted into Ordinary Shares of Agroz Inc., par value $0.0001 per share, will be fully redeemed by us at the RCPS' subscription price. Mr. Chaudhry did not convert the RCPS and they were redeemed at $2.50 per share for a total of $250,000, pursuant to the terms of the RCPS.
- [F3]Mr. Chaudhry previously held a total of 100,000 RCPS, 40,000 which were purchased from Agroz Inc. ("Issuer") on August 28, 2023, and 60,000 which were purchased from the Issuer on September 19, 2024. On December 3, 2025, the Issuer redeemed 40,000 RCPS at a price of $2.50 per share.
Signature
/s/ Muhammad Arshad Chaudhry|2026-04-01