APAC director granted 25,000 converting Class B shares
StoneBridge Acquisition II Corp director Richard Saldanha received an equity grant of 25,000 Class B Ordinary Shares on February 5, 2026 for his service on the board and its committees.
Rhea-AI Filing Summary
StoneBridge Acquisition II Corp director Richard Saldanha received an equity grant of 25,000 Class B Ordinary Shares on February 5, 2026 for his service on the board and its committees. The shares were transferred to him from StoneBridge Acquisition Sponsor II LLC at no stated cash price.
The 25,000 Class B Ordinary Shares will automatically convert into 25,000 Class A Ordinary Shares on a one-for-one basis at the time of the company’s initial business combination, subject to adjustments, and they have no expiration date. Following the grant, Saldanha directly beneficially owns 25,000 derivative securities linked to Class A Ordinary Shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Ordinary Shares | 25,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. On, and effective, February 5, 2026, the board of directors (the "Board") of StoneBridge Acquisition II Corporation (the "Issuer") approved an equity grant of 25,000 Class B Ordinary Shares of the Issuer to Richard Saldanha for his service as a member of the Board and committees of the Board. The Class B Shares were transferred by and from the Issuer's sponsor, StoneBridge Acquisition Sponsor II LLC, to Richard Saldanha. The Class B Ordinary Shares will automatically convert into Class A Ordinary Shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to certain adjustments and have no expiration date.
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