CHEN MILTON 4

What Happened
Milton Chen, CEO of VSee Health, disposed of 2,870,069 shares of VSee common stock on May 31, 2026. The shares were reported as transferred to the company at a price of $0.00, giving a reported transaction value of $0. According to the filing, the transfer was made pursuant to a Stock Purchase Agreement and served as consideration for Mr. Chen’s purchase of all equity securities of VSee Lab, Inc. from the company — i.e., this was a corporate exchange, not an open-market sale for cash.

Key Details

• Transaction date: May 31, 2026; Filing date: June 2, 2026 (reported within the required Form 4 window).
• Transaction: Disposition of 2,870,069 shares at $0.00; total reported value $0. (Transaction code J — “other acquisition or disposition”.)
• Shares owned after transaction: not specified in the Form 4 provided.
• Footnote: The transfer was made under a Stock Purchase Agreement in which Mr. Chen transferred these shares to the company as consideration for buying VSee Lab, Inc. equity from the company.
• Filing timeliness: Filed June 2, 2026 for a May 31 transaction — appears to meet the standard two-business-day reporting requirement.

Context
This was a non-market, corporate transaction (share transfer as part of an asset/equity purchase), so it’s different from an insider selling shares for personal liquidity. Such transfers can reflect deal structuring rather than a direct signal about the insider’s view of the company’s public-share value.