Sharing Economy Intl (SEII) Chairman Ximing Huang Receives 1 Preferred Share

What Happened
Ximing Huang, a 10% owner who was appointed Chairman of the Board, received one (1) share of Series B Preferred Stock on August 11, 2026. The share was granted at $0.00 (a non‑cash award) under a Non‑Employee Director Agreement in exchange for agreeing to serve as Chairman for a three‑year term. The Series B preferred share is a derivative security that grants the holder voting control of the company.

Key Details

• Transaction date: August 11, 2026; Form 4 filed August 13, 2026 (appears timely).
• Transaction code: A (award/grant). Price reported: $0.00; total value $0.
• Grant governed by Rule 16b‑3 under a Non‑Employee Director Agreement dated August 10, 2026 (Footnote F1).
• Footnote F2: No expiration date.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• This was an award (compensation/governance action), not a purchase or sale.

Context
Awards of shares to directors are commonly used as compensation or to formalize control arrangements; they do not necessarily signal the director buying or selling stock for investment reasons. Because the granted Series B preferred share confers voting control and Huang is already a 10% owner and now Chairman, the item is primarily governance‑related. Retail investors should note this is a non‑cash grant rather than a market purchase.