Ngai Yuk Chun 4
Research Summary
AI-generated summary
Amber (AMBR) CFO Ngai Yuk Chun Receives RSU Vesting — 6,250 Shares
What Happened
Ngai Yuk Chun, Chief Financial Officer of Amber International Holding Ltd (AMBR), received 6,250 Class A ordinary shares on April 1, 2026 as the vesting of restricted stock units (RSUs). The Form 4 reports an acquisition of 6,250 shares at $0.00 (award) and a corresponding derivative entry showing 6,250 RSUs converted/settled into shares (reported as a $0.00 disposition of the derivative). There was no open-market purchase or sale reported.
Key Details
- Transaction date: April 1, 2026; both entries reported the same date.
- Reported price/value: $0.00 per share on the Form 4 (award/vesting), reported total value $0.
- Shares received: 6,250 Class A ordinary shares vested and issued.
- Derivative action: 6,250 RSUs were converted/settled into Class A shares (bookkeeping shows a derivative disposition).
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F1 — RSUs convert to Class A ordinary shares one-for-one. F2 — RSUs vest in two equal annual installments: 6,250 on Apr 1, 2026 and 6,250 on Apr 1, 2027.
- Filing timeliness: Report filed April 1, 2026 (same date as the transaction); no late filing indicated in the submission.
Context
This was an award/vesting event (RSU settlement), not a market purchase or sale. Such vesting is a routine compensation event and does not, by itself, indicate insider buying or selling sentiment. The filing shows the RSUs were settled into shares; another equal installment is scheduled to vest on April 1, 2027.