Chung Li Wai 4

What Happened

• Chung Li Wai, CEO of FiEE, Inc. (FIEE), was granted 143,561 restricted stock units (RSUs) on 2026-05-12. The reported acquisition price is $0.00, so there was no cash purchase; the grant represents a contingent right to receive one share per RSU if and when the units vest. This is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-12; Filing date (Form 4): 2026-05-14.
• Instrument: 143,561 RSUs granted (transaction code A — award/grant).
• Price: $0.00 per RSU at grant (no upfront cash paid).
• Shares owned after transaction: not specified in the filing.
• Footnote: RSUs vest 30% on the first anniversary, 30% on the second anniversary, and 40% on the third anniversary of the grant date, subject to continued employment.
• Timeliness: Filing appears timely (no late-filing indication).

Context

• RSUs are a common form of executive compensation; each RSU converts into one share when it vests, so future value depends on FiEE's share price at vesting. Grants inform about pay mix but do not by themselves indicate buying or selling intent.