Wu Rui 4

What Happened
Wu Rui, Chief Operating Officer of ADDENTAX GROUP CORP. (ATXG), reported an acquisition of 33,500 shares on May 15, 2026. The shares were recorded at $5.00 per share for a total value of $167,500. The filing lists the transaction as code J (“other acquisition or disposition”) and the shares are issuable pursuant to a Share Exchange Agreement dated May 15, 2026.

Key Details

• Transaction date: 2026-05-15; Filing date: 2026-05-22 (appears filed after the typical 2-business-day Form 4 window).
• Price and amount: 33,500 shares at $5.00 per share — total $167,500.
• Shares owned after transaction: Not specified in the filing.
• Transaction code: J (other acquisition/disposition).
• Footnote: F1 — Shares are issuable pursuant to a Share Exchange Agreement dated May 15, 2026, and are subject to customary closing conditions (i.e., issuance may be contingent on closing).
• No indication this was an option exercise, gift, or tax-withholding event.

Context
This is an acquisition reported by an executive; because the shares are described as issuable under a share exchange agreement and subject to closing conditions, they may not have been delivered at the time of filing. Purchases/acquisitions by insiders can be informative to investors, but contingent issuances and late filings are important qualifiers — avoid assuming immediate ownership or intent.