Yiu Kin Wah Stephen 4
Research Summary
AI-generated summary
Amer Sports Director Yiu Kin Wah Exercises RSUs for 7,265 Shares
What Happened
Director Yiu Kin Wah Stephen had 7,265 restricted stock units (RSUs) vest and convert into 7,265 ordinary shares of Amer Sports, Inc. on May 8, 2026. The transaction is reported as an exercise/conversion of a derivative (code M). No shares were sold — the RSUs converted into shares with zero sale proceeds reported.
Key Details
- Transaction date: May 8, 2026; Form 4 filed May 11, 2026 (appears timely).
- Reported entries: Acquired 7,265 shares via exercise/conversion; corresponding derivative entry shows 7,265 units disposed at $0.00 (reflecting conversion, not a cash sale).
- Price / value: No cash changed hands in the conversion; sale proceeds = $0.
- RSU specifics: Each RSU converts to one ordinary share (footnote F1). These RSUs were granted May 8, 2025 and vested in full on May 8, 2026 (footnote F2). The earlier Form 3 incorrectly listed a May 7, 2026 vesting date.
- Shares owned after transaction: Not specified in the provided filing.
Context
This was not an open-market purchase or sale but a routine vesting/conversion of previously granted RSUs into shares. Such conversions are common as compensation vests and do not, by themselves, indicate a buy or sell decision by the insider.