JE Cleantech (JCSE) CEO Hong Bee Yin Converts 53,066 Class B to Class A

What Happened
Hong Bee Yin, CEO of JE Cleantech Holdings Ltd (JCSE), effected a non‑cash conversion on May 19, 2026, converting 53,066 Class B Ordinary Shares into 53,066 Class A Ordinary Shares. The Form 4 reports both a disposition and an acquisition of 53,066 shares at $0.00 — the conversion involved no cash consideration or change in economic value.

Key Details

• Transaction date: May 19, 2026 (reported on Form 4 filed Sept 16, 2026 — filed late, ~120 days after the transaction).
• Reported transactions: disposition (J) 53,066 shares @ $0.00 and acquisition (J) 53,066 shares @ $0.00; total cash value = $0.
• Shares owned after transaction: 3,446,934 ordinary shares total — 246,934 held directly by Hong Bee Yin and 3,200,000 held indirectly via JE Cleantech Global Limited (100% owned by the reporting person).
• Footnote F1: Conversion of Class B to Class A; no consideration or value exchanged.
• Footnote F2: Breakdown of direct vs. indirect holdings noted above.
• Filing timeliness: Form 4 was filed about 3 months after the transaction (late filing), delaying public disclosure.

Context
This was an administrative reclassification of share classes, not a purchase or sale for cash. Conversions like this typically do not change the insider’s economic stake or signal buying/selling intent; they reflect a change in share form or rights. The late filing means public reporting of the conversion was delayed.