China Yuchai (CYD) CFO Loo Choon Sen Exercises Options, Sells Shares

What Happened

• Loo Choon Sen, Chief Financial Officer of China Yuchai International Ltd (CYD), exercised options to acquire 13,200 shares on Aug 12, 2026 at $26.03 per share (total cost $343,596) and sold 13,200 shares that same day in open-market transactions for total proceeds of $619,767. The sales were executed at prices in a range, resulting in a weighted average sale price of $46.95.

Key Details

• Transaction date: August 12, 2026.
• Exercise: 13,200 shares acquired at $26.03 each; cash paid $343,596.
• Sales: 13,134 shares at a weighted average $46.95 (total $616,633) and 66 shares at $47.48 (total $3,134); combined proceeds $619,767. Footnote F1 says sale prices ranged from $46.438 to $47.410 and the reporting person can provide per-price breakdown on request.
• Derivative entry: The filing also reports a 13,200-share derivative disposal at $0 — this reflects conversion of option rights into the underlying shares upon exercise (see F2).
• Vesting/plan: The option covers 40,000 shares under the 2025 Equity Incentive Plan. 33% (13,200) became exercisable Aug 9, 2026 and were exercised Aug 12; remaining tranches vest Aug 9, 2027 (13,200) and Aug 9, 2028 (13,600) per footnote F2.
• Filing: This is an amended Form 4 filed Aug 18, 2026 clarifying the exercisable/vesting dates; an earlier Form 4 was filed Aug 14, 2026. The amendment clarifies timing and vesting but does not change the transaction amounts.

Context

• This sequence (exercise followed by sale of the same number of shares) is effectively a cashless exercise — the insider exercised vested options and promptly sold the acquired shares. Such transactions are common for option holders to realize gains or cover costs; they are factual events and do not by themselves indicate insider sentiment about the company. The filing does not disclose total shares owned after these transactions in the provided summary.