KAVLOTCRetail-Nonstore RetailersFiscal year ends October 31
Kaival Brands Innovations Group, Inc.
Financials through Q2 FY2026, quarter ended Apr 30, 2026Last filing: 10-Q on Sep 14, 2026
$0.03+0.00 (0.00%)
Close on Oct 19, 2026
- Market cap
- $406.26K
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Dec 31, 2025, from 13F filings
Held by institutions
0.0%
0M of 20M shares
Institutional holders
0
0 new, 10 sold out
Net institutional buying
-0M
In Q4 2025
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| KDMM Trust dated May 14, 2018 | 2,969,658 | – | 13D (active) amendment | May 30, 2024 |
Top institutional holders
13F holdings as of Sep 30, 2025
| Holder | Shares | % of KAVL | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Vanguard Group Inc | 51,436 | 0.26% | $22.01K | +40,347 | 0.00% |
| Geode Capital Management, LLC | 42,905 | 0.22% | $18.38K | +1,005 | 0.00% |
| Two Sigma Investments, LP | 32,552 | 0.17% | $13.94K | New | 0.00% |
| StoneX Group Inc. | 10,011 | 0.05% | $4.29K | New | 0.00% |
| Citigroup Inc | 1,563 | 0.01% | $669 | −96 | 0.00% |
| SBI Securities Co., Ltd. | 384 | 0.00% | $164 | – | 0.00% |
| Larson Financial Group LLC | 185 | 0.00% | $79 | – | 0.00% |
| Bank Of America Corp /De/ | 47 | 0.00% | $20 | +2 | 0.00% |
| Federation des caisses Desjardins du Quebec | 22 | 0.00% | $9 | – | 0.00% |
| MAI Capital Management | 20 | 0.00% | $9 | New | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q4 2025 | 0 | 0M | 0.0% | 0 / 0 | 0 / 10 | 0M | 0M |
| Q3 2025 | 10 | 0M | 0.7% | 3 / 3 | 1 / 2 | 0M | 0M |
| Q2 2025 | 9 | 0M | 0.7% | 1 / 1 | 4 / 4 | 0M | 0M |
| Q1 2025 | 13 | 0M | 1.0% | 5 / 4 | 2 / 3 | 0M | 0M |
| Q4 2024 | 11 | 0M | 0.8% | 2 / 4 | 3 / 2 | 0M | 0M |
| Q3 2024 | 11 | 0M | 1.0% | 6 / 2 | 1 / 2 | 0M | 0M |
| Q2 2024 | 7 | 0M | 0.1% | 3 / 1 | 1 / 3 | 0M | 0M |
| Q1 2024 | 7 | 0M | 0.0% | 7 / 0 | 0 / 0 | 0M | 0M |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Eric Morris | CFO, Director, 10% owner | 3,006,020 | 15.39% | Apr 7, 2026 |
| Eric Mosser | CEO, Director, 10% owner | 20,000,000 | 102.38% | Apr 7, 2026 |
| Mark L. Thoenes | Director | 621,667 | 3.18% | Sep 16, 2026 |
| Ketankumar D. Patel | Director | 520,000 | 2.66% | Jan 14, 2025 |
| David Worner | Director | 520,000 | 2.66% | Jan 10, 2025 |
| Ashesh Modi | Director | 520,000 | 2.66% | Jan 10, 2025 |
| Bidi Vapor, LLC | 10% owner | 1,400,144 | 7.17% | Nov 1, 2024 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Eric Morris CFO, Director, 10% owner | Mar 31, 2026 | Award | +3,000,000 | – | – | 3,006,020 |
| Eric Mosser CEO, Director, 10% owner | Mar 31, 2026 | Award | +3,000,000 | – | – | 3,000,000 |
| Eric Morris CHIEF FINANCIAL OFFICER | Jan 2, 2025 | Award | +770,000 | – | – | 776,020 |
| David Worner Director | Jan 2, 2025 | Award | +520,000 | – | – | 520,000 |
| Mark L. Thoenes CHIEF EXECUTIVE OFFICER | Jan 2, 2025 | Award | +620,000 | – | – | 621,667 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Feb 5, 2022 | Option exercise | +20,833 | – | – | 141,978 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Feb 5, 2022 | Tax withholding | −6,177 | $0.97 | $5.99K | 135,801 |
| Eric Mosser Chief Operating Officer, Director, 10% owner | Feb 5, 2022 | Option exercise | +20,833 | – | – | 87,237 |
| Eric Mosser Chief Operating Officer, Director, 10% owner | Feb 5, 2022 | Tax withholding | −8,073 | $0.97 | $7.83K | 79,164 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Nov 5, 2021 | Tax withholding | −5,073 | $1.80 | $9.13K | 121,145 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Nov 5, 2021 | Option exercise | +20,833 | – | – | 126,218 |
| Eric Mosser Chief Operating Officer, Director, 10% owner | Nov 5, 2021 | Option exercise | +20,833 | – | – | 73,165 |
| Eric Mosser Chief Operating Officer, Director, 10% owner | Nov 5, 2021 | Tax withholding | −6,761 | $1.80 | $12.17K | 66,404 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Aug 5, 2021 | Option exercise | +16,667 | – | – | 109,444 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Aug 5, 2021 | Tax withholding | −4,059 | $6.26 | $25.41K | 105,385 |
| Eric Mosser Chief Operating Officer, Director, 10% owner | Aug 5, 2021 | Option exercise | +16,667 | – | – | 68,999 |
| Eric Mosser Chief Operating Officer, Director, 10% owner | Aug 5, 2021 | Tax withholding | −16,667 | $6.26 | $104.34K | 52,332 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | May 5, 2021 | Option exercise | +16,667 | – | – | 96,836 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | May 5, 2021 | Tax withholding | −4,059 | $14.52 | $58.94K | 92,777 |
| Eric Mosser Chief Operating Officer, Director, 10% owner | May 5, 2021 | Option exercise | +16,667 | – | – | 60,665 |
| Eric Mosser Chief Operating Officer, Director, 10% owner | May 5, 2021 | Tax withholding | −8,333 | $14.52 | $121.00K | 52,332 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Apr 9, 2021 | Buy | +130,400 | $2.38 | $310.35K | 912,011 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Apr 8, 2021 | Buy | +38,533 | $2.05 | $78.99K | 755,669 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Apr 8, 2021 | Buy | −25,942 | $1.94 | $50.33K | 781,611 |
| Eric Mosser Chief Operating Officer, Director, 10% owner | Feb 5, 2021 | Tax withholding | −19,452 | $1.34 | $26.07K | 477,976 |
| Eric Mosser Chief Operating Officer, Director, 10% owner | Feb 5, 2021 | Option exercise | +150,000 | – | – | 497,428 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Feb 5, 2021 | Tax withholding | −3,074 | $1.34 | $4.12K | 717,136 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Feb 5, 2021 | Option exercise | +150,000 | – | – | 720,210 |
| Eric Mosser Chief Operating Officer, Director, 10% owner | Jan 1, 2021 | Award | +75,000 | – | – | 347,428 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Jan 1, 2021 | Award | +90,000 | – | – | 570,210 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Dec 9, 2020 | Buy | +2,000 | $0.44 | $880 | 350,210 |
| Eric Mosser Chief Operating Officer, Director, 10% owner | Dec 8, 2020 | Buy | +1,672 | $0.47 | $786 | 247,428 |
| Eric Mosser Chief Operating Officer, Director, 10% owner | Dec 8, 2020 | Buy | +5,000 | $0.48 | $2.40K | 245,756 |
| Eric Mosser Chief Operating Officer, Director, 10% owner | Dec 8, 2020 | Buy | +24,928 | $0.45 | $11.22K | 224,928 |
| Eric Mosser Chief Operating Officer, Director, 10% owner | Dec 8, 2020 | Buy | +15,828 | $0.48 | $7.60K | 240,756 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Dec 8, 2020 | Buy | +30,000 | $0.49 | $14.70K | 348,210 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Dec 8, 2020 | Buy | +8,710 | $0.40 | $3.48K | 253,210 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Dec 8, 2020 | Buy | +20,000 | $0.45 | $9.00K | 273,210 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Dec 8, 2020 | Buy | +19,000 | $0.48 | $9.12K | 292,210 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Dec 8, 2020 | Buy | +1,000 | $0.46 | $460 | 293,210 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Dec 8, 2020 | Buy | +9,000 | $0.50 | $4.50K | 302,210 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Dec 8, 2020 | Buy | +6,000 | $0.48 | $2.88K | 308,210 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Dec 8, 2020 | Buy | +9,000 | $0.47 | $4.23K | 317,210 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Dec 8, 2020 | Buy | +1,000 | $0.46 | $460 | 318,210 |
| Eric Mosser Chief Operating Officer, Director, 10% owner | Nov 5, 2020 | Option exercise | +150,000 | – | – | 397,428 |
| Eric Mosser Chief Operating Officer, Director, 10% owner | Nov 5, 2020 | Tax withholding | −125,000 | $0.32 | $40.00K | 272,428 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Nov 5, 2020 | Option exercise | +150,000 | – | – | 500,210 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Nov 5, 2020 | Tax withholding | −20,000 | $0.32 | $6.40K | 480,210 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Aug 21, 2020 | Other | −300,000,000 | – | – | 204,000,000 |
| Eric Mosser Chief Operating Officer, Director, 10% owner | Aug 21, 2020 | Other | −300,000,000 | – | – | 204,000,000 |
| Kaival Holdings, LLC 10% owner | Aug 21, 2020 | Other | −300,000,000 | – | – | 204,000,000 |
| Eric Mosser Chief Operating Officer, Director, 10% owner | Aug 5, 2020 | Tax withholding | −100,000 | $0.88 | $88.00K | 200,000 |
| Eric Mosser Chief Operating Officer, Director, 10% owner | Aug 5, 2020 | Option exercise | +150,000 | – | – | 300,000 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Aug 5, 2020 | Option exercise | +150,000 | – | – | 300,000 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | Aug 5, 2020 | Tax withholding | −55,500 | $0.88 | $48.84K | 244,500 |
| Eric Mosser Chief Operating Officer, Director, 10% owner | May 28, 2020 | Option exercise | +150,000 | – | – | 150,000 |
| Nirajkumar Patel Chief Executive Officer, Director, 10% owner | May 28, 2020 | Option exercise | +150,000 | – | – | 150,000 |
| Holdings LLC GMRZ 10% owner | Feb 20, 2019 | Sale | −504,000,000 | – | – | 0 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.