Cheng Yin Pan 4
Research Summary
AI-generated summary
Prenetics (PRE) Director Cheng Yin Pan Receives 15,873 Shares
What Happened
- Cheng Yin Pan, a director of Prenetics Global Ltd (PRE), had 15,873 restricted stock units (RSUs) settle and be converted into 15,873 Class A ordinary shares on June 15, 2026. The Form 4 shows an exercise/conversion (transaction code M) at $0.00 per share — i.e., no cash was paid for these shares. The filing records both the acquisition of the shares and the conversion/disposition of the derivative RSUs.
Key Details
- Transaction date: June 15, 2026 (RSUs vested on May 17, 2026 and were settled/delivered on June 15, 2026).
- Security and amount: 15,873 Class A Ordinary Shares acquired via conversion of RSUs; exercise/conversion price reported $0.00.
- Transaction code: M (exercise or conversion of a derivative/security).
- Shares owned after transaction: not disclosed in this filing.
- Footnotes: F1/F3 — these were vested RSUs under the Issuer’s 2022 Share Incentive Plan that converted 1-for-1 into shares; F2 — M13 Capital Management Holdings Limited is wholly owned by Cheng Yin Pan (noting the entity named in the filing).
- Timeliness: Filed on June 16, 2026 for a June 15, 2026 transaction — appears timely (not marked late).
Context
- This was an RSU settlement (derivative conversion), not an open-market buy or sale. The insider did not pay cash for the shares (exercise price $0 as reported); the filing does not show any immediate sale of the shares. RSU settlements are common compensation events and do not by themselves indicate a buy or sell market signal.