4/AFiled Aug 18, 8:00 PM ET
Intchains Group (ICG) Director Gu Qingyang Receives 47,244-Share Award
$ICG · Intchains Group LtdResearch Summary
AI-generated summary of this SEC filing
Intchains Group (ICG) Director Gu Qingyang Receives 47,244-Share Award
What Happened
- Director Gu Qingyang received a compensatory award of 47,244 Class A Ordinary Shares (equivalent to 23,622 ADSs, as each ADS = 2 Class A shares) on May 6, 2026. The shares were granted at $0.00 per share (total reported value $0), reported under transaction code A (award/grant/other acquisition).
Key Details
- Transaction date: May 6, 2026; reported as an award (code A).
- Price: $0.00 per share; reported total value $0.
- ADS conversion: 47,244 Class A shares = 23,622 ADSs (1 ADS = 2 Class A shares).
- Filing timeline: Original Form 4 was filed May 7, 2026; this document is an amendment filed Aug 19, 2026 to correct the number of Class A shares granted.
- Shares owned after transaction: Not disclosed in this amended filing.
- Footnote: Amendment clarifies the correct grant quantity (47,244 Class A shares underlying 23,622 ADSs).
Context
- This was a non-cash equity award (commonly part of director compensation or incentive plans) rather than an open-market purchase or sale. Such awards are routine compensation and don't by themselves indicate a buy/sell signal. The amendment corrects the reported share count; the original Form 4 filing appears to have been made promptly after the transaction, with the correction submitted later.