Xanthopoulos Kleanthis Gabriel 4
4 · Connect Biopharma Holdings Ltd · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Connect Biopharma (CNTB) Director Kleanthis Xanthopoulos Receives Award
What Happened
Dr. Xanthopoulos Kleanthis Gabriel, a non-employee director of Connect Biopharma Holdings Ltd (CNTB), was granted 2,816 fully vested ordinary shares on March 31, 2026 as part of the company's non-employee director compensation program. The Form 4 reports the shares at $0.00 per share (code A — award/grant) because they were issued in lieu of a portion of his cash retainer rather than bought on the open market.
Key Details
- Transaction date: 2026-03-31 (reported on Form 4 filed 2026-04-02).
- Transaction type/code: Award/Grant (A). Reported price per share: $0.00 (shares issued in lieu of cash).
- Shares issued: 2,816 fully vested ordinary shares.
- Shares owned after transaction: Not specified in this Form 4.
- Footnote: Shares were issued under the Connect Biopharma Non-Employee Director Compensation Program; the number granted was calculated by dividing the applicable equity value by the 30-day average closing price up to March 31, 2026, rounded down.
- Filing timeliness: Filed April 2, 2026 — appears timely under Section 16 filing rules (within two business days).
Context
This was a routine director compensation award (shares in lieu of cash), not an open-market purchase or sale. Such awards are standard compensation and do not, by themselves, indicate the director buying or selling stock for investment purposes.
Insider Transaction Report
- Award
Ordinary Shares
[F1]2026-03-31+2,816→ 82,816 total
Footnotes (1)
- [F1]In accordance with the Connect Biopharma Holdings Limited Non-Employee Director Compensation Program, Dr. Xanthopoulos elected to receive fully vested shares in lieu of a portion of cash compensation for his 2026 annual board retainers. Accordingly, the fully vested ordinary shares were granted to Dr. Xanthopoulos for his service as a director during the first quarter of 2026. The number of shares received in lieu of cash was calculated by dividing the applicable value of the equity by the average closing price of our ordinary shares over the 30 consecutive trading days immediately preceding March 31, 2026, rounded down to the nearest whole share.