JE Cleantech (JCSE) CEO Hong Bee Yin Receives 271,836-Share Award

What Happened

• Hong Bee Yin, CEO of JE Cleantech Holdings Ltd (JCSE), received an award of 271,836 Class A ordinary shares on 2026-09-07 as executive compensation (transaction code A).
• The Form 4 lists the acquisition price as N/A. A footnote states the Board valued the shares at $1.33 per share, implying a total value of about $361,542.

Key Details

• Transaction date: September 7, 2026. Form 4 filed: September 16, 2026 (the filing was later than the typical 2-business-day requirement).
• Price reported on form: N/A. Board valuation (footnote): $1.33 per share (cites Nasdaq close on August 28, 2027).
• Shares acquired: 271,836. Shares owned after transaction: not specified on this filing.
• Footnote: issuance was authorized by the Board as executive compensation (see above valuation note).
• No tax-withholding, sale, or 10b5-1 plan indicated on the form.

Context

• This was a compensation grant (award), not an open-market purchase or sale. Grants are common for executives and reflect company compensation decisions rather than a direct personal buy/sell signal.
• Note the footnote’s valuation date (Aug 28, 2027) is after the transaction date; the filing records the Board’s stated valuation but the Form 4 lists the acquisition price as N/A.