Kevin Schuyler, a director at Twin Vee PowerCats Co. (NASDAQ: VEEE), reported a purchase of 25,000 shares of the company's common stock on March 19, 2026, according to a Form 4 filed with the Securities and Exchange Commission. The shares were acquired at $0.4066 apiece, for a total disclosed transaction value of $10,165.
Following the purchase, Schuyler directly holds 31,252 shares of Twin Vee PowerCats. The filing specifies the acquisition was executed on the open market and in accordance with the company’s trading policies.
The insider buy comes against a backdrop of marked share-price movement: the stock rose 11% over the past week, while remaining down roughly 87% over the prior 12 months. The company’s market capitalization is approximately $5.24 million, as noted in company disclosures.
Separately, Twin Vee completed an at-the-market offering that placed 4,473,000 common shares, producing approximately $1.7 million in gross proceeds. Those shares were sold at $0.38 each under Nasdaq’s at-the-market rules.
Corporate real estate activity was also disclosed. Effective January 1, 2026, the company entered into a five-year lease for office and production facilities in Fort Pierce, Florida. The lease covers a 7.5-acre parcel and incorporates an almost-complete 30,000-square-foot expansion. The agreement involves Visconti Holdings, LLC.
On capital markets planning, Twin Vee announced it had withdrawn a proposed public offering of common stock shares. The company provided no details on the reasons for the withdrawal or the potential size of the previously proposed sale. Prior to that withdrawal, the company had disclosed plans for a best-efforts public offering, subject to market conditions, with proceeds intended for working capital and general corporate purposes.
On the product front, Twin Vee unveiled its Adventure Series, a new collection of power catamarans targeted to the offshore adventure day boat market. The series will expand the company’s line and include models built on 24-, 28-, and 40-foot platforms, supplementing existing STX and GFX models.
The filings and disclosures together sketch a small-cap company actively managing liquidity, facility footprint and product lineup while a director modestly increased his stake on the open market.