Zheng Yeeli Hua 4

What Happened

• Director Zheng Yeeli Hua received a grant of 35,000 restricted share units (RSUs) on April 15, 2026. The Form 4 reports the award as a derivative acquisition with an acquisition price of $0 per unit (typical reporting for RSU grants). This is a compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-15 (Filed with SEC 2026-04-16, accession 0001213900-26-044317)
• Grant: 35,000 restricted share units (RSUs); reported acquisition price $0 (derivative)
• Vesting: RSUs vest in two equal annual installments over two years, beginning July 1, 2026 (per footnote). RSUs have no expiration date.
• Shares owned after transaction: Not specified in the filing
• Timeliness: Filed the next day; not reported as late

Context

• RSUs are a form of equity compensation that convert into actual shares only after vesting; they do not require an exercise payment. This grant signals compensation/retention for the director rather than an immediate buy or sell decision in the market.