Ascentage Pharma (AAPG) director updates Form 3 holdings disclosure
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
Ascentage Pharma Group International director David Sidransky filed an amended Form 3 to correct his reported equity holdings. The filing now shows stock options over 18,850 Ordinary Shares at an exercise price of 8.1400 expiring on November 26, 2035, vesting in twelve equal monthly tranches starting November 26, 2025. It also reflects 28,850 restricted share units that vest in four equal annual increments on November 26 of 2026, 2027, 2028 and 2029, plus 10,641 directly held Ordinary Shares. Footnotes state that prior submissions inadvertently misstated the number of Ordinary Shares and option details.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
SIDRANSKY DAVID
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options | -- | -- | -- |
| holding | Restricted share units | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Options — 18,850 shares (Direct);
Restricted share units — 28,850 shares (Direct);
Ordinary Shares — 10,641 shares (Direct)
Footnotes (1)
- The number of Ordinary Shares were inadvertently not reported in the original submission. The stock options vest in twelve (12) tranches equally on the 26th of the month starting November 26, 2025. The exercise price for the stock options is in HKD, and the exercise price included in the table represents conversion to USD based on the exchange rate on the date of grant. Each restricted stock unit (RSUs) represents a contingent right to receive one Ordinary Share of the Issuer upon vesting. The RSUs vest in four equal increments on each of 11/26/2026, 2027, 2028 and 2029. The number of Share Options and/or vesting were inadvertently incorrectly reported in the original submission.
FAQ
What did Ascentage Pharma (AAPG) director David Sidransky report in this Form 3/A?
David Sidransky reported corrected equity holdings in Ascentage Pharma, including options, restricted share units, and Ordinary Shares. The amendment updates previously misstated numbers and clarifies vesting schedules and terms for his compensation-related awards and direct share ownership.
How many stock options does David Sidransky hold in Ascentage Pharma (AAPG)?
The filing shows options over 18,850 Ascentage Pharma Ordinary Shares at an exercise price of 8.1400. These options vest in twelve equal tranches on the 26th of each month starting November 26, 2025, and expire on November 26, 2035.
Why was this Ascentage Pharma (AAPG) Form 3/A amendment necessary?
The amendment was filed because earlier disclosures contained errors. Footnotes explain that the number of Ordinary Shares was inadvertently omitted and the number of share options and/or vesting was incorrectly reported in the original submission, requiring this corrected holdings statement.
What do the footnotes say about Ascentage Pharma (AAPG) option and RSU terms?
Footnotes explain the options vest in twelve equal tranches starting November 26, 2025, with the exercise price set in HKD and converted to USD. They also state each RSU converts into one Ordinary Share and vests annually from 2026 through 2029.