Wu Rui 4

What Happened
Wu Rui, Chief Operating Officer of Addentax Group Corp. (ATXG), was granted 66,667 shares of common stock on April 8, 2026. The Form 4 reports the acquisition as an award/grant (transaction code A) at $0.00 per share — reflecting that these shares were issued as compensation under the company equity plan rather than purchased on the open market.

Key Details

• Transaction date and price: 2026-04-08; 66,667 shares at $0.00 (award/grant).
• Filing date: Form 4 filed April 10, 2026 (appears timely — filed two days after the transaction).
• Plan and approval: Grant made under the Addentax Group Corp. 2024 Equity Incentive Plan; approved by the Compensation Committee on March 24, 2026; award agreement executed April 8, 2026.
• Shares owned after transaction: Not specified in the provided filing.
• Vesting/tax withholding: Vesting schedule or any tax-withholding details are not disclosed in the Form 4.

Context
This was a compensation grant, not a market purchase or sale. Such awards are common for executives and are primarily a form of pay or retention; they do not necessarily indicate immediate bullish or bearish insider sentiment. Because the filing does not disclose vesting or whether shares are restricted, retail investors should view this as a compensation event rather than an actionable insider buy/sell signal.