STOCK TITAN

BioNexus Gene Lab Corp (BGLC) CEO reports 338,709-share award and 11.5% stake

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

BioNexus Gene Lab Corp reported that its Chief Executive Officer, President and director, Su‑Leng Tan Lee, beneficially owns 338,709 shares of Common Stock, representing approximately 11.5% of the outstanding shares as of August 13, 2026. These shares were granted on August 13, 2026 as a fully vested Other Stock-Based Award under the company’s 2025 Equity Incentive Plan as compensation for completed services, with no cash consideration and source-of-funds code “OO”. For plan valuation purposes only, the company used a fair-market value of $1.55 per share, corresponding to a total plan value of $524,998.95. Tan Lee holds sole voting and dispositive power over all 338,709 shares. The award was issued in an offshore transaction relying on Regulation S, includes a six‑month resale compliance period and related transfer restrictions, and does not obligate the company to register the shares for resale.

Positive

  • None.

Negative

  • None.

Filing Explained

An issued 338,709-share award gives an executive 11.5% ownership and dilutes existing holders’ percentage stakes; no present control plan is disclosed.

The already-issued award of 338,709 common shares gives Su-Leng Tan Lee beneficial ownership of 11.5%; adding those shares increases the total share count and reduces existing holders’ percentage ownership absent offsetting changes.

Schedule 13D covers ownership above 5% and can apply when a holder may seek to influence control, but this filing states that Tan Lee has no present plan or proposal for the listed control-related actions beyond ordinary executive and director responsibilities.

Shares beneficially owned 338,709 shares Common Stock beneficially owned by Su‑Leng Tan Lee as of August 13, 2026
Ownership percentage 11.5% Percent of outstanding Common Stock represented by 338,709 shares
Plan fair-market value per share $1.55 per share Nasdaq closing price on August 12, 2026 used for plan valuation
Aggregate plan value $524,998.95 Fair-market-value measure for 338,709-share award under 2025 Equity Incentive Plan
Resale compliance period 6 months Rule 903(b)(3) of Regulation S resale compliance period for the awarded shares
Sole voting power 338,709 shares Shares over which Su‑Leng Tan Lee has sole voting power
Sole dispositive power 338,709 shares Shares over which Su‑Leng Tan Lee has sole dispositive power
Grant date August 13, 2026 Effective date of fully vested Other Stock-Based Award
Schedule 13D regulatory
"the subject of this , and is filing this schedule because of"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
Other Stock-Based Award financial
"a fully vested Other Stock-Based Award covering 338,709 shares of Common Stock"
Regulation S regulatory
"in an offshore transaction in reliance on Regulation S under the Securities Act"
Regulation S is a set of rules that allows companies to sell securities (like shares or bonds) to investors outside the United States without having to follow all U.S. securities laws. It matters because it makes it easier for companies to raise money from international investors while still complying with U.S. regulations.
beneficially owns financial
"The Reporting Person beneficially owns 338,709 shares of Common Stock"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
dispositive power financial
"sole dispositive power over 338,70 9 shares. The Reporting Person has shared"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Equity Incentive Plan financial
"under Section 5 of 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 percentage of BioNexus Gene Lab Corp (BGLC) does Su-Leng Tan Lee own?

Su‑Leng Tan Lee beneficially owns 338,709 shares of BioNexus Gene Lab Corp Common Stock, representing approximately 11.5% of the outstanding Common Stock as of August 13, 2026.

How did the BGLC CEO acquire the 338,709 shares reported on Schedule 13D?

The shares were granted on August 13, 2026 as a fully vested Other Stock-Based Award under the 2025 Equity Incentive Plan for completed services, with no cash consideration paid by Su‑Leng Tan Lee.

What valuation was used for the BioNexus Gene Lab (BGLC) stock award?

The company used $1.55 per share, the Nasdaq closing price on August 12, 2026, solely as the plan’s fair-market-value measure, resulting in an aggregate plan value of $524,998.95 for the 338,709-share award.

Does BioNexus Gene Lab Corp (BGLC) have to register these CEO shares for resale?

The company has no obligation under the Award Agreement to register the 338,709 shares for resale or assure liquidity. The award is subject to Regulation S transfer restrictions and a six‑month resale compliance period.

What voting and dispositive powers does the BGLC CEO have over the reported shares?

Su‑Leng Tan Lee has sole voting power and sole dispositive power over all 338,709 shares of BioNexus Gene Lab Corp Common Stock and has no shared voting or dispositive power.

Were any personal funds used by the BGLC CEO to acquire the reported shares?

No. The filing states that the shares were granted for completed services and for no cash consideration, with source-of-funds code “OO (Other),” so no personal funds were used.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates





090628306

(CUSIP Number)
Daniel H. Luciano, Esq
242A West Valley Brook Road,
Califon, NJ, 07683
9083283731

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
08/13/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D






SCHEDULE 13D


Tan Lee Su-Leng
Signature:/s/ Su-Leng Tan Lee
Name/Title:Su-Leng Tan Lee
Date:08/14/2026