Executive and director stock awards at Eastern International (ELOG)
Rhea-AI Filing Summary
Eastern International Ltd. reported that its Compensation Committee granted fully vested stock awards to certain officers and directors under the company’s 2025 Omnibus Equity Plan. On March 31, 2026, Albert Wong, the Chief Executive Officer and Board Chairman, received 180,000 ordinary shares.
The company also granted 100,000 ordinary shares to Chief Financial Officer Chung Leung Cheung, 80,000 shares to director Ching Hei Li, and 5,000 shares each to directors Yu-yun Tristan Kuo, Chun Pong Chiu, and Shiu Wing Joseph Chow. All awards vested immediately on the grant date, and each grantee entered into an Unrestricted Stock Award Agreement filed as an exhibit.
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Negative
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Key Figures
CEO stock award: 180,000 ordinary shares
CFO stock award: 100,000 ordinary shares
Director stock award: 80,000 ordinary shares
+2 more
5 metrics
CEO stock award
180,000 ordinary shares
Granted to Albert Wong on March 31, 2026
CFO stock award
100,000 ordinary shares
Granted to Chung Leung Cheung on March 31, 2026
Director stock award
80,000 ordinary shares
Granted to director Ching Hei Li on March 31, 2026
Other director awards
5,000 ordinary shares each
Granted to three directors on March 31, 2026
Grant date
March 31, 2026
Date stock awards were granted and vested
Key Terms
2025 Omnibus Equity Plan, stock awards, Unrestricted Stock Award Agreement, Compensation Committee, +1 more
5 terms
2025 Omnibus Equity Plan financial
"pursuant to the Company’s 2025 Omnibus Equity Plan, to certain officers and directors"
stock awards financial
"the Company granted stock awards of ordinary shares of the Company"
Unrestricted Stock Award Agreement financial
"each of the grantees also entered into an Unrestricted Stock Award Agreement"
Compensation Committee financial
"the Compensation Committee (“Committee”) of the Board of Directors"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Eastern International Ltd. (ELOG) disclose in this Form 6-K?
Eastern International Ltd. disclosed that its Compensation Committee granted fully vested stock awards of ordinary shares to certain officers and directors under the 2025 Omnibus Equity Plan, all effective March 31, 2026, with related Unrestricted Stock Award Agreements filed as an exhibit.
What stock awards did Eastern International (ELOG) grant to its CFO?
Eastern International granted 100,000 ordinary shares to its Chief Financial Officer, Chung Leung Cheung. The grant was made on March 31, 2026, under the 2025 Omnibus Equity Plan, and the shares vested immediately according to the terms described in the Form 6-K filing.
Which Eastern International (ELOG) directors received stock awards and in what amounts?
Director Ching Hei Li received 80,000 ordinary shares, while directors Yu-yun Tristan Kuo, Chun Pong Chiu, and Shiu Wing Joseph Chow each received 5,000 ordinary shares. All these awards were granted on March 31, 2026 and vested immediately under the 2025 Omnibus Equity Plan.
Did the Eastern International (ELOG) stock awards vest immediately?
Yes, all the stock awards granted to the officers and directors vested immediately on March 31, 2026. This means the grantees fully owned the granted ordinary shares as of the grant date, according to the company’s disclosure in the Form 6-K.
What agreement governs Eastern International (ELOG) stock awards granted on March 31, 2026?
Each grantee entered into an Unrestricted Stock Award Agreement with Eastern International Ltd. dated March 31, 2026. The form of this agreement is filed as Exhibit 10.1 and incorporated by reference, outlining the terms of the immediately vested ordinary share awards.