Cleaver Bruce Alan 4

What Happened

• Bruce Cleaver (Director) received a grant of 1,580 restricted share units (RSUs) on 2026-05-11. The grant is reported as an award/acquisition (code A) with an acquisition price of $0.00, so there was no cash outlay by the insider at grant.

Key Details

• Transaction date: 2026-05-11; Form 4 filed: 2026-05-12 (timely).
• Shares/units granted: 1,580 restricted share units; reported acquisition price: $0.00.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: Each RSU represents a contingent right to receive one ordinary share upon vesting, subject to continued service through the applicable vesting date (F1).
• Transaction type: Award/grant (not a purchase or sale) — no immediate market transaction.

Context

• RSUs are compensation awards that convert into ordinary shares if and when they vest; they are not an immediate cash investment or sale and reflect compensation rather than a direct market signal. The filing appears timely under Form 4 rules and does not indicate any immediate disposition (e.g., sale or cashless exercise).