Stock grant pays Currenc Group (CURR) director Kevin Chen’s board fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chen Kevin reported acquisition or exercise transactions in this Form 4 filing.
Currenc Group Inc. director Kevin Chen reported receiving a grant of 3,918 Ordinary Shares as compensation. The shares were awarded at a reference price of $3.19 per share and represent a non-employee director grant under the company’s 2024 Equity Incentive Plan.
The grant was issued as payment for $12,500 of director fees for the three months ended May 31, 2026, calculated using the closing share price on June 1, 2026. Following this award, Chen directly holds 71,326 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chen Kevin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 3,918 | $3.19 | $12K |
Holdings After Transaction:
Ordinary Shares — 71,326 shares (Direct, null)
Footnotes (1)
- Represents a non-employee director grant of ordinary shares of the Issuer, par value $0.0001 (the "Ordinary Shares") pursuant to the Issuer's 2024 Equity Incentive Plan. The Ordinary Shares were granted to the Reporting Person as payment for director fees totaling $12,500 for the three months ended May 31, 2026. The number of shares granted was calculated based on the closing price of the Ordinary Shares on June 1, 2026.
Key Figures
Shares granted: 3,918 shares
Reference share price: $3.19 per share
Director fees paid in stock: $12,500
+2 more
5 metrics
Shares granted
3,918 shares
Non-employee director grant on June 2, 2026
Reference share price
$3.19 per share
Closing price on June 1, 2026 used to calculate grant
Director fees paid in stock
$12,500
Three months ended May 31, 2026, settled in shares
Shares held after grant
71,326 shares
Ordinary Shares directly owned following the award
Service period
Three months
Director fees for period ended May 31, 2026
Key Terms
non-employee director grant, 2024 Equity Incentive Plan, Ordinary Shares
3 terms
non-employee director grant financial
"Represents a non-employee director grant of ordinary shares of the Issuer"
2024 Equity Incentive Plan financial
"pursuant to the Issuer's 2024 Equity Incentive Plan"
FAQ
What insider transaction did Currenc Group (CURR) director Kevin Chen report?
Kevin Chen reported receiving a grant of 3,918 Ordinary Shares in Currenc Group. This was a stock award, not an open-market purchase, and was issued as compensation for his board service under the 2024 Equity Incentive Plan.
Was Kevin Chen’s Currenc Group (CURR) Form 4 transaction a stock purchase?
No, the transaction was a stock grant, not an open-market purchase. The 3,918 Ordinary Shares were issued as non-employee director compensation in lieu of cash fees, based on the share price on June 1, 2026 per the equity plan terms.