Centurion (ALF) director converts 30,000 Class B shares into Class A stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Centurion Acquisition Corp. director Vu Thomas Theodore converted 30,000 Class B Ordinary Shares into 30,000 Class A Ordinary Shares. The conversion occurred on June 8, 2026 on a one-for-one basis for no additional consideration. Following the transaction, he directly holds 30,000 Class A shares and no Class B shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
30,000 shares exercised/converted
Mixed
2 txns
Insider
Vu Thomas Theodore
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Ordinary Shares | 30,000 | $0.00 | -- |
| Conversion | Class A Ordinary Shares | 30,000 | $0.00 | -- |
Holdings After Transaction:
Class B Ordinary Shares — 0 shares (Direct, null);
Class A Ordinary Shares — 30,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares converted: 30,000 shares
Class A holdings after: 30,000 shares
Class B holdings after: 0 shares
+2 more
5 metrics
Shares converted
30,000 shares
Class B Ordinary Shares converted into Class A on June 8, 2026
Class A holdings after
30,000 shares
Total Class A Ordinary Shares directly held after conversion
Class B holdings after
0 shares
Class B Ordinary Shares remaining after conversion
Conversion ratio
1-for-1
Class B to Class A conversion basis, subject to anti-dilution rights
Additional consideration
None
Conversion performed for no additional consideration to holder
Key Terms
Class B Ordinary Shares, Class A Ordinary Shares, anti-dilution rights, derivative security
4 terms
anti-dilution rights financial
"on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights"
derivative security financial
"transaction_code_description": "Conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did ALF director Vu Thomas Theodore report?
He reported converting 30,000 Class B Ordinary Shares into 30,000 Class A Ordinary Shares. The filing shows a one-for-one conversion on June 8, 2026, changing only the share class he holds, not his overall economic exposure.
Does the ALF Form 4 show any remaining derivative position for the director?
No remaining derivative position is shown for this transaction. The derivative entry for 30,000 Class B Ordinary Shares shows a post-transaction balance of zero, and the derivative summary is empty, indicating no additional derivative securities are reported here.