Ma Weiping 4

What Happened

• Ma Weiping, a director of Intchains Group Ltd (ICG), was granted 23,622 fully vested Class A ordinary shares on May 6, 2026. The Form 4 records an acquisition price of $0.00 because this was an award; the company reports the grant represented a fixed value of US$30,000 (implying a deemed per‑share price of roughly $1.27 based on that valuation). This is a grant/award (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date: May 6, 2026 (reported on Form 4 filed May 7, 2026 — timely filing).
• Reported acquisition price: $0.00 (award); reported fixed value: US$30,000 (per company footnote).
• Shares granted: 23,622 Class A ordinary shares (fully vested on grant).
• Post‑transaction holdings: Not specified in the filing.
• Notable footnote: Shares are subject to a six‑month lock‑up from the award date and are designated as "control securities" under Rule 144.
• Transaction type: A = Award/Grant (compensation equity under the company’s 2022 Share Incentive Plan).

Context

• This was a compensation award, not an exercise or market trade. Fully vested shares with a short lock‑up are common for director compensation; they do not necessarily signal the director is buying or selling based on private information. Control‑security status and the six‑month lock‑up restrict immediate public resale.