Chen Kevin 4
4 · Currenc Group Inc. · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
Currenc Group (CURR) Director Kevin Chen Receives Award
What Happened
Kevin Chen, a director of Currenc Group Inc. (CURR), was granted 3,918 ordinary shares on June 2, 2026. The shares were issued at an effective price of $3.19 per share, for a total value of approximately $12,498. This was an award (code A) issued as payment for director fees rather than an open-market purchase.
Key Details
- Transaction date: June 2, 2026. Form 4 filed June 4, 2026.
- Securities: 3,918 ordinary shares acquired at $3.19 per share (total ≈ $12,498).
- Transaction type: Award/grant (non-employee director compensation).
- Shares owned after transaction: Not disclosed in the Form 4.
- Footnotes: (F1) Grant pursuant to the Issuer’s 2024 Equity Incentive Plan. (F2) Shares were issued as payment for director fees of $12,500 for the quarter ended May 31, 2026; number of shares calculated using the closing price on June 1, 2026.
- No 10b5-1 plan, tax-withholding, or late-filing flag is indicated in the filing.
Context
This grant reflects routine director compensation (fees paid in stock) rather than a market buy or sale. Such awards are common for non-employee directors and do not by themselves indicate the director's view of the company's near-term prospects. Retail investors may note the size and frequency of equity compensation but should weigh it alongside other insider transactions and company fundamentals.
Insider Transaction Report
- Award
Ordinary Shares
[F1][F2]2026-06-02$3.19/sh+3,918$12,498→ 71,326 total
Footnotes (2)
- [F1]Represents a non-employee director grant of ordinary shares of the Issuer, par value $0.0001 (the "Ordinary Shares") pursuant to the Issuer's 2024 Equity Incentive Plan.
- [F2]The Ordinary Shares were granted to the Reporting Person as payment for director fees totaling $12,500 for the three months ended May 31, 2026. The number of shares granted was calculated based on the closing price of the Ordinary Shares on June 1, 2026.