Lu Wenzhao 4

What Happened
Lu Wenzhao, a director of Avalon GloboCare Corp. (ALBT), was granted the right to acquire 200,000 shares as a derivative award on June 29, 2026. The Form 4 records the acquisition price as $0.00 (total $0) and indicates this derivative award vested in full on the grant date.

Key Details

• Transaction date: 2026-06-29 (reported on Form 4 filed 2026-07-13). The filing appears to be later than the SEC’s usual 2-business-day window.
• Transaction type/code: Grant / award (derivative security, code A).
• Amount: 200,000 shares/options; reported acquisition price $0.00.
• Vesting: Footnote F1 states 100% of the shares subject to the option vested in full on the grant date.
• Shares owned after transaction: Not disclosed in the filing.
• Filing timeliness: Filed July 13 for a June 29 transaction — appears late (may be marked as late in the SEC record).

Context
This was an award of derivative securities (an option-type grant) rather than an open-market purchase or sale. The Form 4 lists $0.00 as the acquisition price; the economic value to the insider depends on ALBT’s market price and any exercise terms not detailed beyond the immediate vesting note. Awards/grants are common compensation tools and do not by themselves indicate the insider’s intent to buy or sell additional shares.