China Yuchai (NYSE: CYD) director discloses 50,000-share option holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
China Yuchai International Ltd director reports option holdings in an initial Form 3. Gan Khai Choon holds three direct option awards, each with an exercise price of $26.0300 per ordinary share.
The options cover 16,500 underlying ordinary shares exercisable from August 9, 2026, another 16,500 shares exercisable from August 9, 2027, and 17,000 shares exercisable from August 9, 2028. All options expire on August 9, 2035. The filing records existing derivative holdings and does not show any recent purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Gan Khai Choon
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Option (Right to Buy) | -- | -- | -- |
| holding | Option (Right to Buy) | -- | -- | -- |
| holding | Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Option (Right to Buy) — 16,500 shares (Direct)
Footnotes (1)
FAQ
What does Gan Khai Choon report in the CYD Form 3 filing?
The Form 3 shows Gan Khai Choon’s existing option holdings in China Yuchai International. He reports three direct option grants over ordinary shares with a fixed exercise price, documenting his starting derivative position as a director rather than any new market transaction.
What is the exercise price of Gan Khai Choon’s CYD options?
Each option grant has an exercise price of $26.0300 per ordinary share. This means Gan Khai Choon can purchase China Yuchai ordinary shares at that fixed price when the options become exercisable, subject to their individual vesting dates and overall expiration date.
When do the reported CYD options become exercisable and when do they expire?
The options become exercisable on three dates: August 9, 2026, August 9, 2027, and August 9, 2028. All of these options share the same expiration date of August 9, 2035, providing a long time window for potential exercise.
Are Gan Khai Choon’s CYD options held directly or indirectly?
The options are reported as held directly by Gan Khai Choon. The ownership code is marked as direct, and there is no accompanying footnote indicating that the options are owned through a trust, partnership, or other related entity on his behalf.