Founder Group (FGL) Director Thien Chiet Chai Receives Share Awards

What Happened
Thien Chiet Chai, a director of Founder Group Ltd, was granted two Class B ordinary share awards as monthly compensation: 5,357 shares on 2026-07-15 at an implied price of $1.40 (value $7,500) and 7,576 shares on 2026-08-15 at an implied price of $0.99 (value $7,500). Total grants = 12,933 shares valued at $15,000. These were awards/grants (transaction code A), not open-market purchases or sales.

Key Details

• Transaction dates and prices:
  • 2026-07-15: 5,357 shares @ $1.40 — $7,500 (monthly July 2026 grant).
  • 2026-08-15: 7,576 shares @ $0.99 — $7,500 (monthly August 2026 grant).
• Total shares received: 12,933; total reported value: $15,000.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: each monthly grant equals one‑twelfth of an annual share compensation of $90,000; share counts were determined using Nasdaq closing prices on 6/30/2026 (for July grant) and 7/31/2026 (for August grant).
• Filing info: Form 4 filed 2026-08-24 for report period ending 2026-08-15. No late‑filing flag was indicated in the provided data.

Context
These grants are routine compensation (monthly share awards) and represent the company paying part of director compensation in stock. Such awards are not the same as insider purchases in the market and should be interpreted as compensation rather than a direct buy/sell signal. For full holdings, timing, or potential restrictions on the shares, consult the complete Form 4 filing.