Addentax Group (ATXG) corrects CEO stock grant holdings figure
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Hong Zhida reported acquisition or exercise transactions in this Form 4 filing.
ADDENTAX GROUP CORP. reports that CEO Hong Zhida received a grant of 12,222 shares of common stock at $0.0000 per share under the Addentax Group Corp. 2024 Equity Incentive Plan. The Compensation Committee approved the grant on March 24, 2026, and the award agreement was executed on April 8, 2026.
This Form 4/A amendment corrects his beneficial holdings after the grant to 30,155 shares, instead of 23,815 shares previously reported. All other information from the original insider report remains unchanged.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hong Zhida
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,222 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 30,155 shares (Direct)
Footnotes (1)
- Represents shares of common stock granted to the reporting person pursuant to the Addentax Group Corp. 2024 Equity Incentive Plan. The grant was approved by the Compensation Committee on March 24, 2026, and the award agreement was executed on April 8, 2026. This Form 4/A amends the Form 4 originally filed on July 14, 2026 solely to correct the amount of securities beneficially owned following the reported transaction in Table I, Column 5, from 23,815 shares to 30,155 shares. Except as amended herein, the information reported in the original Form 4 remains unchanged.
Key Figures
Shares granted: 12,222 shares
Grant price: $0.0000 per share
Shares owned after grant: 30,155 shares
+3 more
6 metrics
Shares granted
12,222 shares
Common stock granted to CEO Hong Zhida on April 8, 2026
Grant price
$0.0000 per share
Price per share for the equity grant under the 2024 Equity Incentive Plan
Shares owned after grant
30,155 shares
Beneficially owned following the reported transaction in Table I, Column 5
Previously reported holdings
23,815 shares
Holdings figure corrected by this Form 4/A amendment
Grant approval date
March 24, 2026
Date the Compensation Committee approved the equity grant
Award agreement execution date
April 8, 2026
Date the award agreement for the grant was executed
Key Terms
2024 Equity Incentive Plan, beneficially owned, Compensation Committee, award agreement
4 terms
2024 Equity Incentive Plan financial
"granted to the reporting person pursuant to the Addentax Group Corp. 2024 Equity Incentive Plan"
beneficially owned financial
"correct the amount of securities beneficially owned following the reported transaction"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Compensation Committee financial
"The grant was approved by the Compensation Committee on March 24, 2026"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
award agreement financial
"and the award agreement was executed on April 8, 2026"
An award agreement is a legal contract that spells out the terms of a pay or equity grant—such as stock options, restricted shares, or cash bonuses—given to an employee, director or consultant. It describes what is being granted, any conditions for keeping it (for example, earning it over time or meeting performance targets), and what happens if the person leaves or breaks rules. Investors care because these agreements affect company costs, potential share dilution and how executives are motivated and rewarded.
FAQ
What insider transaction did ADDENTAX (ATXG) report for CEO Hong Zhida?
ADDENTAX reported that CEO Hong Zhida received a grant of 12,222 common shares at $0.0000 per share. The award was issued under the 2024 Equity Incentive Plan, reflecting compensation rather than an open-market stock purchase or sale.
When was Hong Zhida’s ADDENTAX (ATXG) equity award approved and executed?
The grant to CEO Hong Zhida was approved on March 24, 2026 by the Compensation Committee, and the related award agreement was executed on April 8, 2026. The same April 8, 2026 date appears as the transaction date in the insider report.
What change does this Form 4/A amendment make for ADDENTAX (ATXG)?
This Form 4/A only corrects the number of shares beneficially owned by CEO Hong Zhida after the grant, revising it from 23,815 to 30,155 shares. All other details from the original insider transaction report remain unchanged.