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Eastern Intl CEO buys 200K 100-vote pref shares

Eastern International’s CEO acquired 200,000 high-vote, convertible Series B Preferred Shares in a direct purchase.

(High)
(Positive)
Form Type
4

Rhea-AI Filing Summary

Eastern International Ltd. (ELOG) reported that Chief Executive Officer and director Albert Wong purchased 200,000 Series B Preferred Shares on August 27, 2026 at $1.00 per share, held directly after the transaction. Each preferred share carries 100 votes at the general meeting and every two preferred shares are convertible into one ordinary share, implying up to 100,000 ordinary shares if fully converted. No Rule 10b5-1 trading plan is reported for this purchase.

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Insights

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Insider Wong Albert
Role Chief Executive Officer
Bought 200,000 shs ($200K)
Type Security Shares Price Value
Purchase Series B Preferred Shares F1 200,000 $1.00 $200K
Holdings After Transaction: Series B Preferred Shares — 200,000 shares (Direct)
Footnotes (1)
  1. F1. Each Series B Preferred Share has 100 votes at the general meeting of the Company, and every two Series B Preferred Shares are convertible into one ordinary share of the Company at the holder's option.
Series B Preferred Shares purchased 200,000 shares Direct purchase by Albert Wong on August 27, 2026
Purchase price per Series B Preferred Share $1.00 per share Transaction on August 27, 2026
Series B Preferred Shares held after transaction 200,000 shares Post-transaction direct holdings
Voting power per Series B Preferred Share 100 votes per share Voting rights at the general meeting
Implied ordinary shares if all preferred share converted 100,000 ordinary shares Every two preferred shares convertible into one ordinary share
Series B Preferred Shares financial
"Each Series B Preferred Share has 100 votes at the general meeting"
Series B preferred shares are a class of company stock issued during a later round of private financing that gives investors priority over common shareholders for payouts and protections if the company is sold or liquidated. Think of them as a VIP ticket that often includes a fixed claim on returns, possible regular payments, and the option to convert into regular shares; that mix of safety and upside helps investors assess risk and potential reward.
ordinary share financial
"every two Series B Preferred Shares are convertible into one ordinary share"
An ordinary share is a unit of ownership in a company that gives the holder a stake in its profits and usually the right to vote on key decisions. Think of it like a slice of a pizza where each slice entitles you to a portion of what’s left after bills are paid; value can rise or fall with the business and may pay dividends, so it matters to investors for income, growth and control.
general meeting regulatory
"100 votes at the general meeting of the Company"
A general meeting is a formal gathering of a company’s shareholders where key decisions are discussed and voted on, similar to a town-hall where owners set rules for the business. Investors attend or vote remotely to approve matters such as board members, dividend policies, mergers or major changes, making it a direct way to influence management and protect or change the company’s direction. Outcomes can affect the company’s strategy, governance and share value.
convertible financial
"two Series B Preferred Shares are convertible into one ordinary share"
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did ELOG report for Albert Wong?

Albert Wong purchased 200,000 Series B Preferred Shares of Eastern International Ltd. on August 27, 2026, at a price of $1.00 per share, and now holds those 200,000 shares directly.

At what price were the ELOG Series B Preferred Shares acquired?

The Series B Preferred Shares were acquired at $1.00 per share in a direct purchase on August 27, 2026, as reported for Eastern International Ltd. (ELOG).

What voting rights do ELOG’s Series B Preferred Shares carry?

Each Series B Preferred Share carries 100 votes at the general meeting of Eastern International Ltd., giving the 200,000 purchased shares a total of 20,000,000 votes if all are voted.

Are ELOG’s Series B Preferred Shares convertible into ordinary shares?

Yes. Every two Series B Preferred Shares are convertible at the holder’s option into one ordinary share of Eastern International Ltd., so 200,000 preferred shares are convertible into up to 100,000 ordinary shares.

Does the Form 4 indicate a Rule 10b5-1 trading plan for the ELOG transaction?

No. The filing indicates that the Rule 10b5-1 checkbox is not affirmed, so this purchase of 200,000 Series B Preferred Shares is not reported as made under a Rule 10b5-1 trading plan.

How many Series B Preferred Shares does the ELOG insider hold after this transaction?

After the reported purchase, the insider holds 200,000 Series B Preferred Shares of Eastern International Ltd. directly, as stated in the post-transaction holdings field.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Wong Albert

(Last)(First)(Middle)
STE 901, BLD #2,
XIAOSHAN ECONOMIC AND TECH DEV ZONE

(Street)
HANGZHOUCHINA311231

(City)(State)(Zip)

CHINA

(Country)
2. Issuer Name and Ticker or Trading Symbol
Eastern International Ltd. [ ELOG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Series B Preferred Shares08/27/2026P200,000(1)A$1200,000D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Each Series B Preferred Share has 100 votes at the general meeting of the Company, and every two Series B Preferred Shares are convertible into one ordinary share of the Company at the holder's option.
/s/Albert Wong09/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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