Primech (PMEC) Director YUEN Receives 91,408-Share Award

What Happened

• YUEN Poi Lam William, a director of Primech Holdings Ltd (PMEC), received/was issued 91,408 ordinary shares that vested on September 10, 2026. The transaction is reported as an award/acquisition (Form 4 code A). No per-share price or total market value is provided in the filing (price listed as N/A).

Key Details

• Transaction date: September 10, 2026 (reported on Form 4 filed September 16, 2026).
• Transaction type/code: Award/Vesting (A).
• Shares involved: 91,408 ordinary shares vested and became owned by the reporting person.
• Price/Value: Not reported (N/A) in the filing—market value depends on PMEC's trading price at vesting.
• Post-transaction holdings: Not disclosed in the provided summary of this filing.
• Footnote: The shares vested pursuant to written resolutions of the Committee under the Primech 2025 Employee Incentive Plan dated August 26, 2026.
• Filing timeliness: The Form 4 was filed six days after the vesting date (Sept 10 → filed Sept 16), which is later than the usual SEC 2-business-day deadline for reporting Form 4 transactions.

Context

• This was a vesting of previously granted incentive shares (an award), not an open-market purchase or sale. Vesting events reflect compensation or retention arrangements and do not by themselves indicate the insider is buying or selling based on a view of the stock.
• No indication in this filing that shares were immediately sold or withheld for taxes; those actions would typically be noted separately (e.g., tax withholding shown as F).