Carr Peter, the CEO of Air Water Ventures Ltd, has filed an amended ownership report that clarifies his stock holdings in the company. This update is significant as it corrects previous discrepancies in the reporting of his performance-based stock units and restricted stock units.
The filing, dated November 3, 2026, indicates that Carr currently owns a total of 1,853,124 ordinary shares in Air Water Ventures, which includes 1,131,124 restricted stock units (RSUs) and 722,000 performance-based restricted stock units (PSUs). The RSUs were granted under an agreement dated August 14, 2026, and are set to vest in three equal installments over the next three years, contingent upon Carr's continued employment.
Background
Air Water Ventures Ltd, identified by the CIK 0002092314, operates in the beverages sector. The company is incorporated in the Cayman Islands and has its business address in Grand Cayman. Carr Peter, who resides in Hialeah, Florida, is not only the CEO but also a director of the company.
What the Filing Says
The amended filing corrects the number of PSUs reported in an earlier submission from 717,856 to 722,000. It also clarifies the vesting schedule for the RSUs and the conditions for the PSUs. The filing states, "This amendment corrects the Reporting Person's Form 3 filed on August 14, 2026 to report 722,000 PSUs instead of 717,856, resulting in total beneficial ownership of 1,853,124 ordinary shares." This level of detail underscores the importance of accurate reporting in executive compensation.
Impact
This update may affect various stakeholders, including investors, analysts, and employees of Air Water Ventures Ltd. Transparency in executive ownership can influence investor confidence and perceptions of corporate governance. Additionally, it may set a precedent for how similar companies in the beverage industry report executive compensation and ownership changes.
What's Next
The filing does not say what happens next, leaving stakeholders to await further updates or disclosures from the company.
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