GOWell Energy (GOW) Director Shannon Kevin George Receives 1.105M-Share Award

What Happened

• Shannon Kevin George, a director of GOWell Energy Technology (GOW), was granted 1,105,312 ordinary shares on September 25, 2026. The reported acquisition price is $0.00 (a service award); the filing reports $0 total value. These shares were originally granted by GOWell Technology Limited and converted into Issuer Ordinary Shares at the closing of the business combination with Inflection Point Acquisition Corp. V.

Key Details

• Transaction date: 2026-09-25; Transaction type: Award/Grant (A). Reported price: $0.00; reported value: $0.
• Vesting: Shares are subject to vesting and will vest 150 days after the closing of the business combination, contingent on the Reporting Person’s continued service.
• Shares owned after the transaction: not specified in the Form 4.
• Footnote: Grants were made pre-closing by GOWell and automatically converted into Issuer Ordinary Shares at closing; awarded for services rendered and to be rendered.
• Regulatory note: Because the Issuer is a foreign private issuer under Rule 3a12-3(b), the Reporting Person’s transactions are exempt from Sections 16(b) and 16(c) of the Securities Exchange Act (short-swing profit rules).
• Filing timing: Form 4 filed on 2026-09-25 (same day as the reported transaction date), indicating timely reporting in this filing.

Context

• This is a service award tied to the business-combination closing and a vesting schedule; it is not an open-market purchase or sale and does not indicate an immediate sale of shares. As a grant/award, it reflects compensation rather than a market-driven insider purchase.