Addentax Group (ATXG) grants CEO Hong Zhida 12,222 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hong Zhida reported acquisition or exercise transactions in this Form 4 filing.
ADDENTAX GROUP CORP. reported that Chief Executive Officer Hong Zhida received a grant of 12,222 shares of common stock at $0.00 per share under 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. Following this award, he holds 23,815 shares of common stock directly.
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 — 23,815 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 12,222 shares
Grant price: $0.00 per share
Shares held after grant: 23,815 shares
+2 more
5 metrics
Shares granted
12,222 shares
Common stock grant to CEO Hong Zhida on April 8, 2026
Grant price
$0.00 per share
Price per share for the 12,222-share equity award
Shares held after grant
23,815 shares
Direct common stock holdings of CEO Hong Zhida following the grant
Committee approval date
March 24, 2026
Date the Compensation Committee approved the equity grant
Award execution date
April 8, 2026
Date the award agreement for the stock grant was executed
Key Terms
Equity Incentive Plan, Compensation Committee, grant, award, or other acquisition
3 terms
Equity Incentive Plan financial
"granted to the reporting person pursuant to the Addentax Group Corp. 2024 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
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.
grant, award, or other acquisition regulatory
"transaction code description indicates a grant, award, or other acquisition"
FAQ
What insider transaction did ADDENTAX GROUP CORP. (ATXG) report for Hong Zhida?
ADDENTAX GROUP CORP. reported a grant of 12,222 common shares to CEO Hong Zhida. The shares were awarded at $0.00 per share under the 2024 Equity Incentive Plan, increasing his direct holdings to 23,815 shares after the transaction.
When was the ATXG CEO stock grant approved and executed?
The CEO stock grant was approved on March 24, 2026 by the Compensation Committee and the award agreement executed on April 8, 2026. These dates reflect the corporate approval and finalization of the equity award to Hong Zhida.
Was the ATXG CEO equity award an open-market purchase or a compensation grant?
The transaction was a compensation grant, not an open-market purchase. The 12,222 shares of common stock were granted to CEO Hong Zhida at $0.00 per share pursuant to the Addentax Group Corp. 2024 Equity Incentive Plan.
What plan governed the ADDENTAX GROUP CORP. (ATXG) stock grant to the CEO?
The stock grant was made under the Addentax Group Corp. 2024 Equity Incentive Plan. According to the disclosure, 12,222 common shares were granted to CEO Hong Zhida following approval by the company’s Compensation Committee.