Research Summary
AI-generated summary of this SEC filing
Nocera CEO Teng Song-Yuan Receives 20,000-Share Award
What Happened
- Teng Song-Yuan, CEO of Nocera, Inc. (NCRA), was granted and acquired 20,000 shares on August 17, 2026. The shares were reported at $0.00 per share (no cash paid) and vested immediately under the Nocera, Inc. 2018 Stock Option and Award Incentive Plan pursuant to a Stock Purchase Certificate dated August 17, 2026. This transaction is reported as an award/grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: August 17, 2026; Filing date: August 19, 2026 (filed on time).
- Transaction type/code: Award/Grant (A); price reported: $0.00; cash paid: $0.
- Shares involved: 20,000 shares acquired and vested immediately (per footnote).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnote: The shares were acquired for $0 under the 2018 Stock Option and Award Incentive Plan via a Stock Purchase Certificate dated Aug 17, 2026 and vested immediately.
- No indication in the filing of a 10b5-1 plan, tax withholding sale, or late filing.
Context
- This was an equity award (compensation) that vested immediately, meaning the CEO became the beneficial owner of the shares on the grant date. Because the award was granted at $0 cash cost, it reflects compensation rather than an outright market purchase by the insider. Such awards are common for executive compensation; they do not by themselves indicate future buying or selling intentions.