CTW Cayman (CTW) CTO discloses 117,021 shares via stock options
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
CTW Cayman Chief Technology Officer Tong Hairihan filed an initial ownership report showing a stock option position linked to the company’s Class A Ordinary Shares. The options cover 117,021 underlying Class A Ordinary Shares at an exercise price of $1.75 per share.
The filing indicates these stock options became exercisable on December 17, 2025 and are scheduled to expire on December 17, 2035. This report records Tong’s direct derivative holdings rather than any new purchase or sale of shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tong Hairihan
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock options | -- | -- | -- |
Holdings After Transaction:
Stock options — 117,021 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Underlying shares: 117,021 shares
Exercise price: $1.75 per share
Options exercisable date: December 17, 2025
+2 more
5 metrics
Underlying shares
117,021 shares
Underlying Class A Ordinary Shares linked to options
Exercise price
$1.75 per share
Stock option exercise price
Options exercisable date
December 17, 2025
Date options became exercisable per footnote
Expiration date
December 17, 2035
Stock option expiration date
Derivative holdings after report
117,021 underlying shares
Total underlying shares following reported holding entry
Key Terms
Stock options, Class A Ordinary Shares, exercise price, expiration date, +1 more
5 terms
Stock options financial
"The filing shows a holding of stock options linked to Class A Ordinary Shares."
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
exercise price financial
"The options carry an exercise price of $1.75 per share."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"These stock options have an expiration date of December 17, 2035."
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
initial ownership report regulatory
"The CTO filed an initial ownership report describing this option position."
FAQ
What did CTW Cayman (CTW) CTO Tong Hairihan report in this Form 3?
Tong Hairihan reported a direct holding of stock options over 117,021 Class A Ordinary Shares of CTW Cayman, with an exercise price of $1.75 per share and an expiration date of December 17, 2035.
What is the exercise price of Tong Hairihan’s CTW Cayman stock options?
The exercise price of Tong Hairihan’s CTW Cayman stock options is $1.75 per share. This is the price at which the holder can purchase each underlying Class A Ordinary Share when exercising the options.
When do Tong Hairihan’s CTW Cayman stock options become exercisable and when do they expire?
The filing notes that Tong Hairihan’s CTW Cayman stock options became exercisable on December 17, 2025 and have an expiration date of December 17, 2035, defining the window during which the options may be exercised.
Does this CTW Cayman Form 3 show any stock purchases or sales by Tong Hairihan?
No, this Form 3 reflects existing stock option holdings rather than new purchases or sales of CTW Cayman shares. It records derivative ownership, with the transaction classified as a holding and the direction marked as unknown.