Hui Chi Kin Max 4
Research Summary
AI-generated summary
SharkNinja Director Hui Chi Kin Max Exercises 2,085 Shares, Gets 1,338 RSUs
What Happened
- Hui Chi Kin Max, a director of SharkNinja, converted/exercised 2,085 derivative awards (reported as code M) on June 18, 2026 and those 2,085 shares were disposed the same day (reported as a disposition). The filings report $0 per share for those transactions (typical for RSU vest/settlement reporting). On the same date he was granted 1,338 Restricted Share Units (RSUs) (code A) at $0.00.
Key Details
- Transaction date: June 18, 2026; Form 4 filed June 22, 2026 (filed four days after the transaction; note the standard Form 4 window is two business days).
- Exercise/Conversion (M): 2,085 shares acquired at $0.00; 2,085 shares disposed (also reported at $0.00) the same day.
- Grant (A): 1,338 RSUs granted at $0.00.
- Shares owned after the transactions: not specified in the provided filing details.
- Footnotes: F1—each RSU equals the contingent right to one ordinary share. F2—2,085 RSUs were granted June 20, 2025 and vested in full on June 18, 2026. F3—1,338 RSUs were granted June 18, 2026 and vest on the earlier of the next AGM or June 18, 2027, subject to continued service.
Context
- The M-code conversion here reflects vested RSUs being settled into shares; those shares were disposed the same day (i.e., sold or net-settled), which is common when shares are used to satisfy tax withholding or when insiders choose to sell immediately. The A-code grant is a future-restricted award that has not yet vested (per F3). This filing reports no cash purchase by the insider; it documents settlement of vested RSUs and a new RSU grant.