China Yuchai (NYSE: CYD) CFO exercises 13,200 options, sells stock
Rhea-AI Filing Summary
China Yuchai International (CYD) Chief Financial Officer Loo Choon Sen reported an option exercise-and-sale sequence. On 12 August 2026, he fully exercised 13,200 stock options at an exercise price of US$26.03 per share, receiving 13,200 common shares. He then sold 13,200 common shares in open-market transactions at a weighted average price of US$46.9494 per share, within a disclosed range of US$46.438–US$47.410. The option originally covered 40,000 shares under the 2025 Equity Incentive Plan: 13,200 shares vested and were exercised on 12 August 2026, a further 13,200 shares will vest on 9 August 2027, and 13,600 shares on 9 August 2028, with the option expiring on 9 August 2035.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 13,200 shares ($276K approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
Loo Choon Sen
Role
Chief Financial Officer
Sold
13,200 shs ($620K)
Approx. gross sale proceeds
$620K
Approx. exercise cost
$344K
Approx. pre-tax spread
$276K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F2 | 13,200 | $0.00 | $0.00 |
| Exercise | Common Stock | 13,200 | $26.03 | $344K |
| Sale | Common Stock F1 | 13,134 | $46.9494 | $617K |
| Sale | Common Stock | 66 | $47.48 | $3K |
Holdings After Transaction:
Stock Option (Right to Buy) — 26,800 shares (Direct);
Common Stock — 0 shares (Direct)
Footnotes (2)
- F1. Weighted average price. These shares were sold in multiple transactions on 12 August 2026 at prices ranging from US$46.438 to US$47.410 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F2. The Form 4 filed on August 14, 2026 reported August 9, 2026 as the exercisable date for the entire option. This Form 4/A is being filed for better clarity. The option, representing the right to purchase an aggregate of 40,000 shares of Common Stock, became exercisable with respect to 33% of the option (13,200 underlying shares) on August 9, 2026, which were fully exercised on August 12, 2026. An additional 33% of the option (13,200 underlying shares) will become exercisable on August 9, 2027, and the remaining 34% of the option (13,600 underlying shares) will become exercisable on August 9, 2028, in each case in accordance with the applicable vesting schedule and the terms of the China Yuchai International Limited 2025 Equity Incentive Plan.
Key Figures
Options exercised: 13,200 shares
Option exercise price: US$26.03 per share
Shares sold (main block): 13,134 shares
+5 more
8 metrics
Options exercised
13,200 shares
Stock Option (Right to Buy) exercised into common stock on 12 August 2026
Option exercise price
US$26.03 per share
Exercise price for 13,200 underlying shares of common stock
Shares sold (main block)
13,134 shares
Common stock sold on 12 August 2026 at a weighted average price
Weighted average sale price
US$46.9494 per share
Weighted average for multiple trades between US$46.438 and US$47.410
Additional shares sold
66 shares
Common stock sold at US$47.48 per share on 12 August 2026
Total option size
40,000 shares
Aggregate shares covered by the stock option under the 2025 Equity Incentive Plan
Vested and exercised tranche
13,200 underlying shares
First 33% of the option became exercisable on 9 August 2026
Option expiration date
9 August 2035
Expiration date of the reported stock option grant
Key Terms
Stock Option (Right to Buy), weighted average price, underlying shares, Equity Incentive Plan
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
weighted average price financial
"Weighted average price. These shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Equity Incentive Plan financial
"terms of the China Yuchai International Limited 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 transactions did CYD CFO Loo Choon Sen report on 12 August 2026?
Loo Choon Sen exercised 13,200 stock options at US$26.03 per share and acquired 13,200 CYD common shares, then sold 13,200 shares in open-market trades at a weighted average of US$46.9494 per share.
What is the size and vesting schedule of the CYD option granted to the CFO?
The option covers an aggregate of 40,000 CYD shares. 13,200 shares vested and were exercised on 12 August 2026, another 13,200 vest on 9 August 2027, and the remaining 13,600 vest on 9 August 2028, per the plan’s vesting schedule.
What was the exercise price and expiration date of the CYD stock options?
The reported stock options had an exercise price of US$26.03 per share and an expiration date of 9 August 2035, providing a long-dated right to buy China Yuchai International common stock under its 2025 Equity Incentive Plan.
Were CYD CFO’s August 2026 transactions under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox was not marked, so these transactions were not reported as executed under a Rule 10b5-1 trading plan, and no footnote describes any pre-arranged plan.
Why was this CYD insider report filed as a Form 4/A amendment?
The amendment clarifies the vesting schedule for a 40,000-share option. It states that only 13,200 shares became exercisable on 9 August 2026, with additional 13,200 and 13,600-share tranches vesting in 2027 and 2028, respectively.
AI-generated analysis. How Rhea-AI works. Not financial advice.
