Ascentage Pharma (AAPG) CAO holds 12,883 RSUs vesting 2026-2029
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Ascentage Pharma Group International reported the initial equity holdings of Chief Accounting Officer Jin Cao. The filing shows 12,883 restricted stock units (RSUs), each representing a contingent right to receive one Ordinary Share upon vesting.
The RSUs vest in four equal installments on November 26 of 2026, 2027, 2028 and 2029 and have no expiration date. The position is held directly and reflects equity-based compensation rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cao Jin
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted stock units | -- | -- | -- |
Holdings After Transaction:
Restricted stock units — 12,883 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock units: 12,883 units
Underlying Ordinary Shares: 12,883 shares
Vesting installments: 4 equal tranches
+1 more
4 metrics
Restricted stock units
12,883 units
RSUs held by Chief Accounting Officer Jin Cao
Underlying Ordinary Shares
12,883 shares
Each RSU converts into one Ordinary Share upon vesting
Vesting installments
4 equal tranches
Vest on 11/26 of 2026, 2027, 2028 and 2029
Exercise price
$0.0000 per unit
RSUs representing rights to Ordinary Shares
Key Terms
Restricted stock units, Ordinary Shares, contingent right, vesting
4 terms
Restricted stock units financial
"Each restricted stock unit (RSUs) represents a contingent right to receive one Ordinary Share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive one Ordinary Share"
vesting financial
"The RSUs vest in four equal increments on each of 11/26/2026, 2027, 2028 and 2029"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider equity position did AAPG’s Chief Accounting Officer report?
AAPG’s Chief Accounting Officer, Jin Cao, reported holding 12,883 restricted stock units (RSUs). Each RSU represents a contingent right to receive one Ordinary Share upon vesting, providing equity-based compensation aligned with future service at Ascentage Pharma Group International.
How do Jin Cao’s AAPG restricted stock units vest over time?
The RSUs vest in four equal increments on November 26 of 2026, 2027, 2028 and 2029. This creates a multi-year vesting schedule that encourages ongoing employment and aligns compensation with long-term company performance.
What does each AAPG restricted stock unit represent for Jin Cao?
Each RSU reported by Jin Cao represents a contingent right to receive one Ordinary Share of Ascentage Pharma Group International. Shares are delivered only upon vesting, meaning the economic benefit depends on continued service through each vesting date.
Do Jin Cao’s AAPG restricted stock units have an expiration date?
The RSUs held by Jin Cao have no expiration date. Instead of expiring, they follow a defined vesting schedule on specific future dates, after which each vested RSU converts into one Ordinary Share of Ascentage Pharma Group International.
Are Jin Cao’s AAPG restricted stock units held directly or indirectly?
The filing shows Jin Cao’s 12,883 restricted stock units as directly owned. Direct ownership means the equity award is attributed personally, rather than being held through a trust, family partnership, or other indirect investment vehicle.