DDC Enterprise officer exercises 300,000 warrants
DDC Enterprise Ltd Chief of Staff Ho Kok Kyu exercised warrants and expanded his equity stake.
Rhea-AI Filing Summary
DDC Enterprise Ltd Chief of Staff Ho Kok Kyu exercised warrants and expanded his equity stake. On April 28, 2026, he exercised 300,000 warrants at $0.16 per share through a cashless exercise, receiving 280,000 Class A Ordinary Shares and eliminating this warrant position.
Following the transaction, he directly holds 566,547 Class A Ordinary Shares. He also holds several restricted stock unit (RSU) awards, each representing one Class A Ordinary Share at a $0.00 exercise price, subject to time-based vesting, covering blocks of 813,008, 437,500 and 67,566 underlying shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
300,000 shares exercised/converted
Exercise
6 txns
Insider
Ho Kok Kyu
Role
Chief of Staff
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| In-the-Money Exercise | Warrants | 300,000 | $0.16 | $48K |
| In-the-Money Exercise | Class A Ordinary Shares (Warrants) | 280,000 | $0.16 | $45K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class A Ordinary Shares (Restricted Stock Units) | -- | -- | -- |
Holdings After Transaction:
Warrants — 0 contracts (Direct);
Class A Ordinary Shares (Warrants) — 566,547 shares (Direct);
Restricted Stock Units — 1,318,074 contracts (Direct);
Class A Ordinary Shares (Restricted Stock Units) — 103,042 shares (Direct)
Footnotes (2)
- F1. On April 28, 2026, the reporting person exercised an aggregate of 300,000 warrants pursuant to the exercise notice at the exercise price of $0.16 per share. The reporting person elected to satisfy the aggregate exercise price through a cashless exercise, pursuant to which a net of 280,000 Class A Ordinary Shares was issued to the reporting person.
- F2. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Ordinary Shares, subject to time based vesting and the terms of the applicable award agreement. Each RSU has no expiration date and carries a zero exercise price.
Key Figures
Warrants exercised: 300,000 warrants
Net shares received: 280,000 Class A Ordinary Shares
Direct shares after transaction: 566,547 Class A Ordinary Shares
+4 more
7 metrics
Warrants exercised
300,000 warrants
Exercised on April 28, 2026 at $0.16 per share
Net shares received
280,000 Class A Ordinary Shares
Issued via cashless exercise of 300,000 warrants
Direct shares after transaction
566,547 Class A Ordinary Shares
Holdings following April 28, 2026 warrant exercise
Largest RSU block
813,008 underlying shares
Restricted stock units with $0.00 exercise price
Second RSU block
437,500 underlying shares
Restricted stock units, time-based vesting
Third RSU block
67,566 underlying shares
Restricted stock units, time-based vesting
Warrant exercise price
$0.16 per share
Exercise price for 300,000 warrants
Key Terms
cashless exercise, restricted stock unit, warrants, Class A Ordinary Shares
4 terms
cashless exercise financial
"The reporting person elected to satisfy the aggregate exercise price through a cashless exercise"
A cashless exercise is a way for an option holder to convert stock options into actual shares without paying the purchase price in cash; instead they immediately give up a portion of the newly issued shares to cover the cost and any withholding taxes. Investors care because this process increases the number of shares available and can slightly dilute existing holdings, while also signaling how insiders or employees are realizing compensation without needing cash — similar to paying for a purchase by handing over part of what you just bought.
restricted stock unit financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
warrants financial
"the reporting person exercised an aggregate of 300,000 warrants pursuant to the exercise notice"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did DDC (DDC) disclose for Ho Kok Kyu?
DDC Enterprise reported that Chief of Staff Ho Kok Kyu exercised 300,000 warrants via cashless exercise. This produced 280,000 Class A Ordinary Shares, increasing his direct share ownership while eliminating that particular warrant position.
How many DDC (DDC) warrants did the insider exercise and at what price?
The insider exercised 300,000 warrants at an exercise price of $0.16 per share. The transaction was structured as a cashless exercise, meaning he received 280,000 net shares instead of paying cash for all warrant shares.
What restricted stock units (RSUs) does the DDC (DDC) insider hold?
He holds multiple RSU awards, each convertible into one Class A Ordinary Share at a $0.00 exercise price. These RSUs cover 813,008, 437,500 and 67,566 underlying shares, subject to time-based vesting conditions and award terms.
What is a cashless exercise in the context of DDC (DDC) warrants?
In this case, a cashless exercise allowed the insider to convert 300,000 warrants into 280,000 Class A Ordinary Shares without paying the full cash exercise price. Instead, some potential shares effectively covered the aggregate exercise cost.
Do DDC (DDC) restricted stock units have an expiration date or exercise price?
The filing states each restricted stock unit has no expiration date and a $0.00 exercise price. Each RSU represents a contingent right to receive one Class A Ordinary Share, subject to time-based vesting and the applicable award agreement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
