Director Roshan Boodhoo granted 25,000 Class B shares at StoneBridge Acquisition II (APAC)
Rhea-AI Filing Summary
StoneBridge Acquisition II Corp director receives equity grant. The board approved an equity grant of 25,000 Class B Ordinary Shares to director Roshan Boodhoo on February 5, 2026, as compensation for his service on the board and its committees.
The shares were transferred from StoneBridge Acquisition Sponsor II LLC, the company’s sponsor. These Class B Ordinary Shares will automatically convert into Class A Ordinary Shares on a one-for-one basis at the time of StoneBridge Acquisition II Corp’s initial business combination, and they have no expiration date.
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FAQ
What did StoneBridge Acquisition II Corp (APAC) report in this Form 4?
The Form 4 reports an equity grant of 25,000 Class B Ordinary Shares to director Roshan Boodhoo on February 5, 2026. The grant compensates his service on the board and its committees and is recorded as a direct beneficial ownership position.
How many shares did director Roshan Boodhoo acquire in APAC’s latest insider filing?
Director Roshan Boodhoo acquired 25,000 Class B Ordinary Shares. These shares were granted as equity compensation and transferred from StoneBridge Acquisition Sponsor II LLC. Following the transaction, he beneficially owns 25,000 derivative securities linked to an equal number of underlying Class A Ordinary Shares.
How did StoneBridge Acquisition II’s sponsor participate in this Form 4 transaction?
The company’s sponsor, StoneBridge Acquisition Sponsor II LLC, transferred 25,000 Class B Ordinary Shares to director Roshan Boodhoo. This transfer fulfilled the equity grant approved by the board as compensation for his board and committee service, rather than shares being issued directly by the company.
What are the conversion terms of APAC’s Class B Ordinary Shares reported in this filing?
The Class B Ordinary Shares granted will automatically convert into Class A Ordinary Shares at the time of StoneBridge Acquisition II Corp’s initial business combination. The conversion is on a one-for-one basis, subject to certain adjustments, and the Class B shares have no expiration date.
Why was Roshan Boodhoo granted Class B shares by StoneBridge Acquisition II Corp (APAC)?
Roshan Boodhoo received 25,000 Class B Ordinary Shares as an equity grant for his service as a member of the board and its committees. The grant, approved by the board on February 5, 2026, aligns his compensation with the company’s equity structure.