Eu Alexander Zai De 4

What Happened
Eu Alexander Zai De, President and Director of Live Oak Acquisition Corp. V (ticker: TMS), was credited with awards/acquisitions on June 18, 2026 tied to the issuer's business combination with Legacy Teamshares. The Form 4 reports four acquisition entries totaling 794,587 shares: 294,638 shares (no price reported), 27,174 shares at $9.20 each (totaling $250,001), 380,971 shares listed as derivative (converted options), and 91,804 shares listed as derivative (converted options). These were awards/conversions in connection with the merger—not open‑market buys or sales.

Key Details

• Transaction date: June 18, 2026; Form 4 filed June 23, 2026 (filed late — labeled L; filed 5 days after the transaction).
• Reported entries: 294,638 shares (N/A price); 27,174 shares @ $9.20 (value $250,001); 380,971 derivative shares; 91,804 derivative shares. Total ≈ 794,587 shares/rights.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — securities received as part of the Merger Agreement converting Legacy Teamshares common stock and options into the issuer’s stock and options; F2 — one converted stock option is fully vested and exercisable; F3 — another option vests 25% on Sept 1, 2026 and then monthly over 36 months.
• Type: All entries are awards/acquisitions (code A); no sales or market purchases reported.

Context
These entries reflect equity and option conversions tied to the business combination rather than insider market trading. Derivative entries mean legacy options were converted into issuable options of the combined company; one tranche is immediately exercisable while another vests over time. Such merger-related awards are common and do not by themselves indicate a buy/sell signal.