Wu Zhihua 4
Research Summary
AI-generated summary
Linkage Global (UZX) Chairman Wu Zhihua Receives 6M Class B Shares
What Happened
- Wu Zhihua, Chairman of the Board of Linkage Global Inc. (UZX), was issued 6,000,000 Class B ordinary shares on April 15, 2026 as board‑approved compensation (transaction code A). The shares were subscribed at US$0.0025 per share (par value), for total consideration of US$15,000. This was an issuance by the company, not an open‑market trade.
Key Details
- Transaction date: April 15, 2026. Transaction type: Grant/Award (code A).
- Price/subscription: US$0.0025 per share; total paid by insider: US$15,000.
- Share class: Class B ordinary shares, par value US$0.0025 each.
- Shares owned after transaction: Not reported in the provided filing.
- Filing timeliness: This Form 4 was filed late; the company states the delay was due to an inadvertent administrative error.
- Footnote: Issuance was approved by the Board as compensation to Mr. Wu.
Context
- This was a company issuance as compensation (subscription at par), not a market purchase or sale. Such grants are common for executive/director compensation and do not necessarily signal market sentiment. The late filing is an administrative irregularity noted by the company.