Xiang Jianping 4

What Happened
Xiang Jianping, Chief Financial Officer of Huadi International Group Co., Ltd. (HUDI), was granted 20,000 ordinary shares on April 9, 2026. The filing reports the transaction as an award/grant (code A) with an acquisition price of $0.00, reflecting that the shares were issued as compensation rather than purchased with cash.

Key Details

• Transaction date: 2026-04-09; Filing date: 2026-04-29 (appears to be filed ~20 days after the transaction).
• Reported price per share: $0.00; total reported cash cost: $0.
• Shares granted: 20,000 ordinary shares.
• Shares owned after transaction: not disclosed in the filing.
• Footnote: The shares were granted pursuant to the employment agreement dated December 8, 2022, which provides for issuance of 20,000 ordinary shares annually to Xiang Jianping as CFO (Footnote F1).
• Filing timeliness: The Form 4 was filed well after the typical two-business-day requirement for insider reporting, so the late filing is noted in the public SEC record.

Context
This was an employment-based equity award (annual compensation) rather than an open-market purchase or sale. Such grants increase insider holdings but are frequently routine compensation and do not by themselves indicate a buy/sell signal about management’s view of the stock. Retail investors tracking insider activity should treat awards differently from purchases funded with cash.