Maison Solutions (MSS) COO Cao Xi Receives 1,500-Share Award

What Happened
Cao Xi, Chief Operating Officer of Maison Solutions Inc. (MSS), was granted 1,500 shares of Class A common stock on 2026-09-03. The reported grant price is $0.00 (award), and the shares vest in full and are non‑forfeitable immediately upon grant. The award was approved by the Compensation Committee (see footnotes) and is reported as an A (award/grant) transaction.

Key Details

• Transaction date: 2026-09-03; Form 4 filed: 2026-09-08. (Filing occurred after the typical two-business-day Form 4 window.)
• Reported price: $0.00; reported total cash value on Form 4: $0.
• Shares after transaction: beneficial ownership was reported as zero prior to this grant; the grant creates beneficial ownership of 1,500 shares, subject to any tax withholding. (F3)
• Tax withholding: default “net share” withholding may be applied to satisfy tax obligations under the award agreement; number of shares to be withheld had not been determined as of the filing date and will be reported on a subsequent Form 4 if shares are withheld. (F4)
• Exemption: The grant is exempt from Section 16(b) short-swing profit liability under Rule 16b‑3(d) because it was approved in advance by a Compensation Committee composed solely of non‑employee directors. (F2)
• Approval background: The award was granted under the 2023 Stock Incentive Plan and approved by unanimous written consent of the Compensation Committee dated July 24, 2026, which rescinded a prior consent. (F1)

Context
This is a direct equity award (not a purchase, sale, exercise, or gift) and vested immediately, so it represents immediate ownership rather than a future contingent award. Because the filing date is several days after the grant, investors may note the delayed reporting; tax-withholding details could reduce the net shares received and will be disclosed in a follow-up Form 4 if applicable. As with all insider awards, this is factual disclosure—not a stated market view or trading decision by the insider.