SKK Holdings Ltd: executive director and coo Ng Chun Seong sold 233,517 shares

What happened

• Ng Chun Seong, executive director and coo, sold 233,517 Class B ordinary shares at $7.37 per share on Oct 9, 2026, for total proceeds of $1,721,020. The Form 4 reports the sale as an "other acquisition or disposition (J)."

Key details

• Transaction date and price: Oct 9, 2026; disposed 233,517 shares at $7.37 per share for $1,721,020.
• Filing date: Oct 14, 2026; reporting period listed as Oct 9, 2026. The filing was submitted 5 days after the transaction.
• Shares owned after the transaction: not disclosed on the Form 4.
• Footnotes from the filing:
  • F1: The shares were sold to Rantizo, Inc. pursuant to a Securities Purchase Agreement dated May 1, 2026.
  • F2: On Mar 30, 2026 the company effected a 0-to-1 share consolidation; share counts on the Form 4 reflect post-consolidation amounts.
  • F3: Pursuant to the SPA, Rantizo, Inc. paid $8,000,000 for an aggregate of 1,085,264 Class B ordinary shares.

Why it may matter

• The sale was reported as part of a securities purchase agreement with Rantizo, Inc.; it was not reported as a gift or an option exercise.
• A filing does not show why the insider traded or why the company acted.