4/AFiled Aug 18, 8:00 PM ET

Intchains (ICG) Director Ma Weiping Receives 47,244-Share Award

$ICG · Intchains Group Ltd

Research Summary

AI-generated summary of this SEC filing

Updated

Intchains (ICG) Director Ma Weiping Receives 47,244-Share Award

What Happened Ma Weiping, a director of Intchains Group Ltd (ICG), received a grant of 47,244 Class A Ordinary Shares on May 6, 2026. The award was reported at $0.00 per share (transaction code A), so the reported cash value is $0. The grant equals 23,622 American Depositary Shares (ADSs), since each ADS represents two Class A Ordinary Shares. An amended Form 4 was filed on Aug 19, 2026 to correct the number of shares originally reported.

Key Details

  • Transaction date: May 6, 2026; reported as an award (code A).
  • Shares granted: 47,244 Class A Ordinary Shares at $0.00; ADS equivalent: 23,622 ADSs (1 ADS = 2 shares).
  • Filing: Original Form 4 was filed May 7, 2026; this is an amendment filed Aug 19, 2026 to correct the share count (see footnote).
  • Shares owned after transaction: Not specified in the amended filing.
  • Vesting or restrictions: Not disclosed in the Form 4 amendment.
  • Timeliness: The original report was filed promptly (May 7); the Aug 19 filing is a corrective amendment, not a new market transaction.

Context This was a compensation award to a director, not an open-market purchase or sale. Such grants are common for director pay and may be subject to vesting or other conditions (the filing does not detail any vesting schedule). For U.S. investors, note the ADS equivalence (23,622 ADSs) — useful when assessing reported holdings in ADS form.