BioNexus Gene Lab Corp (BGLC) director receives 32,258-share equity award
Rhea-AI Filing Summary
Bin Abdul Hamid Muhammad Azrul reported acquisition or exercise transactions in this Form 4 filing.
BioNexus Gene Lab Corp director Bin Abdul Hamid Muhammad Azrul received a fully vested stock award of 32,258 Common Shares on August 13, 2026. The award was granted under the company’s 2025 Equity Incentive Plan for completed services, for no cash consideration, and was valued for plan purposes at $1.55 per share, the Nasdaq closing price on August 12, 2026. Following this grant, his direct holdings total 32,258 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 32,258 shares
Net Buy
1 txn
Insider
Bin Abdul Hamid Muhammad Azrul
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares F1 | 32,258 | -- | -- |
Holdings After Transaction:
Common Shares — 32,258 shares (Direct)
Footnotes (1)
- F1. Represents a fully vested Other Stock-Based Award of 32,258 shares of common stock, no par value, granted on August 13, 2026 under the BioNexus Gene Lab Corp. 2025 Equity Incentive Plan. The award was granted for completed services, for no cash consideration and valued for Plan purposes at $1.55 per share (the Nasdaq closing price on August 12, 2026).
Key Figures
Shares granted: 32,258 shares
Plan valuation price: $1.55 per share
Shares owned after transaction: 32,258 shares
3 metrics
Shares granted
32,258 shares
Fully vested Other Stock-Based Award granted on August 13, 2026
Plan valuation price
$1.55 per share
Nasdaq closing price on August 12, 2026 used for plan valuation
Shares owned after transaction
32,258 shares
Total direct holdings of the director following the award
Key Terms
Other Stock-Based Award, no par value, Equity Incentive Plan
3 terms
Other Stock-Based Award financial
"Represents a fully vested Other Stock-Based Award of 32,258 shares of common stock"
no par value financial
"32,258 shares of common stock, no par value, granted on August 13, 2026"
Equity Incentive Plan financial
"granted on August 13, 2026 under the BioNexus Gene Lab Corp. 2025 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.
FAQ
What insider transaction did BioNexus Gene Lab Corp (BGLC) report?
BioNexus Gene Lab Corp reported that director Bin Abdul Hamid Muhammad Azrul received a fully vested award of 32,258 Common Shares on August 13, 2026. The shares were granted for completed services under the 2025 Equity Incentive Plan.
At what value was the BGLC stock award to the director measured?
For plan purposes, the 32,258-share award was valued at $1.55 per share, which was the Nasdaq closing price of BioNexus Gene Lab Corp common stock on August 12, 2026, immediately prior to the grant date.
What are the director’s BGLC holdings after this stock award?
After the August 13, 2026 award, the director directly holds 32,258 Common Shares of BioNexus Gene Lab Corp. The Form 4 reports this number as his total direct ownership following the transaction.
Under which plan was the BGLC stock granted to the director?
The shares were granted under the BioNexus Gene Lab Corp 2025 Equity Incentive Plan. The Form 4 describes the grant as a fully vested Other Stock-Based Award of 32,258 shares for completed services, with no cash consideration paid.
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