Bibbo Ryan Patrick has filed an amendment to his ownership report, revealing that he now holds a total of 1,363,394 shares in Air Water Ventures Ltd. This update is significant as it highlights his role as Chief Operating Officer (COO) and his substantial equity stake in the company.
Air Water Ventures Ltd operates within the beverages sector, which may see broader implications from this update regarding executive compensation and ownership structures. The filing indicates that Patrick's shareholdings include a mix of restricted stock units and performance-based restricted stock units.
Background
Bibbo Ryan Patrick is associated with Air Water Ventures Ltd, a company identified under the Central Index Key (CIK) 0002092314. The company operates in the beverages industry, classified under the SIC code 2080. Recent filings include a Form 4 and a Form 3/A, both submitted on November 3, 2026, as well as a Form 3 filed on August 14, 2026.
What the Filing Says
The recent filing, accession number 0001213900-26-115662, states that Patrick's total ownership now includes 1,363,394 ordinary shares. This figure comprises 831,394 restricted stock units granted on August 14, 2026, and 532,000 performance-based restricted stock units. The filing also corrects earlier discrepancies regarding the number of PSUs reported and clarifies the vesting schedule associated with these units.
Impact
This ownership update may affect various stakeholders, including investors and employees of Air Water Ventures Ltd. As COO, Patrick's significant shareholding could influence company performance and executive decision-making, particularly in relation to the company's strategic direction.
What's Next
The filing does not say what happens next.
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