Lucas GC (LGCL) CEO Lee Howard Ming Wah Receives 2,360-Share Award

What Happened Lee Howard Ming Wah, CEO of Lucas GC Limited (LGCL), received an award of 2,360 Class B ordinary shares on Sept 9, 2026. The shares were granted at $0.00 as an equity award (derivative grant) under the Lucas GC Limited Amended and Restated 2024 Equity Incentive Plan and reported on a Form 4 filed Sept 11, 2026.

Key Details

• Transaction date: 2026-09-09; Form 4 filed: 2026-09-11 (appears filed within the typical 2-business-day window).
• Shares granted: 2,360 Class B ordinary shares; reported acquisition price: $0.00 (award/grant).
• Shares owned after transaction: not specified in the filing.
• Footnotes: (1) Grant made under the company’s 2024 Equity Incentive Plan. (2) Filing notes HTL Lucky Holding Ltd and HTL Star Holding Ltd are entities wholly owned by Mr. Lee. (3) Each Class B share is convertible into one Class A ordinary share at the holder’s option; (4) Class B shares have no expiration date.
• Transaction type code: A (award/grant); this is a compensation/award transaction (not an open-market purchase).

Context This was a compensation award (not a cash purchase or sale). Awards are common for executives and reflect equity-based compensation rather than a direct market signal. The Class B shares are convertible into Class A shares at the holder’s option, and the grant was recorded as $0 on the Form 4 because it was issued as compensation under the equity plan.