Vuong Pham Nhat 4

What Happened

• Vuong Pham Nhat, CEO of VinFast Auto Ltd. (VFS), reported dispositions on June 29, 2026 of three blocks of VFTP preference (derivative) shares held of record by Vingroup:
  • 101,166,305 VFTP 2026 Series 1 preference shares (F1)
  • 771,118,471 VFTP 2026 Series 3 preference shares (F3)
  • 4,337,975,510 VFTP 2026 Series 5 preference shares (F4)
• These three disposals total 5,210,260,286 VFTP preference shares (price: N/A). The preference shares are exchangeable for VinFast ordinary shares at the stated rates (Series 1 & 3: 543.2 preference shares per ordinary share; Series 5: 1,281.1 preference shares per ordinary share), subject to approvals and conditions. If exchanged at those rates, the preference shares shown would represent roughly ~5.0 million ordinary-share equivalents (approximate).
• This filing reflects corporate restructuring actions and a termination agreement (see F2) and does not report open-market sales of VinFast common stock.

Key Details

• Transaction date: June 29, 2026. Report filed: July 1, 2026 (within the standard Form 4 reporting window).
• Transaction code: "J" — "other acquisition or disposition" of derivative securities (not a typical buy/sell on the open market). Price reported as N/A.
• Shares reported disposed: 5,210,260,286 VFTP preference shares in three series (counts above).
• Shares owned after transaction: The reported preference shares are held of record by Vingroup. The reporting person disclaims beneficial ownership of the securities held by Vingroup except to the extent of his pecuniary interest (F2). The Form 4 does not show a direct open-market position change in VinFast ordinary shares for the CEO.
• Notable footnotes:
  • F1, F3, F4: Describe each VFTP series and the exchange rates to ordinary shares; none have expiration dates.
  • F2: A termination agreement dated June 29, 2026 (part of restructuring completed June 30, 2026) terminated the prior share-exchange agreement covering these 5.210B VFTP preference shares held by Vingroup.

Context

• These entries are derivative/disposition filings related to corporate restructuring and record ownership by Vingroup — they are not the CEO selling common shares in the open market. They record changes in rights/ownership of preference shares that are exchangeable (subject to approvals) into ordinary shares.
• For retail investors, such filings are procedural and related to corporate restructuring; they do not necessarily signal the CEO's personal trading intent because the filing notes record ownership by Vingroup and a disclaimer of beneficial ownership by the reporting person.