Founder Group Ltd (NASDAQ: FGL) CEO receives 30,000 Class B share bonus grant

Rhea-AI Filing Summary

LEE SENG CHI reported acquisition or exercise transactions in this Form 4 filing.

Founder Group Ltd reports that Chief Executive Officer Lee Seng Chi received a grant of 30,000 Class B Ordinary Shares on June 11, 2026 as performance bonus compensation in lieu of a $60,000 cash payment, based on a $2.00 share price set by the board. Following this award, he directly holds 81,949 Class B and 26,080 Class A Ordinary Shares.

Insider Trade Summary

Net Buyer: 30,000 shares

Net Buy 2 txns

Insider LEE SENG CHI

Role CHIEF EXECUTIVE OFFICER

Type	Security	Shares	Price	Value
Grant/Award	Class B Ordinary Shares F1	30,000	$2.00	$60K
holding	Class A Ordinary Shares	--	--	--

Holdings After Transaction: Class B Ordinary Shares — 81,949 shares (Direct); Class A Ordinary Shares — 26,080 shares (Direct)

Footnotes (1)

1. F1. Represents 30,000 Class B Ordinary Shares granted to the reporting person as performance bonus compensation, in lieu of cash payment of $60,000, based on a share price of $2.00 per share as determined by the Board of Directors on June 11, 2026.

Key Figures

Class B shares granted: 30,000 shares Grant valuation: $60,000 Grant price per share: $2.00 per share +2 more

5 metrics

Class B shares granted 30,000 shares Performance bonus grant on June 11, 2026

Grant valuation $60,000 Bonus compensation value in lieu of cash

Grant price per share $2.00 per share Share price determined by the Board of Directors

Class B shares after grant 81,949 shares Direct Class B holdings after the transaction

Class A shares held 26,080 shares Direct Class A holdings as of June 11, 2026

Key Terms

Class B Ordinary Shares, performance bonus compensation, in lieu of cash payment

3 terms

Class B Ordinary Shares financial

"Represents 30,000 Class B Ordinary Shares granted to the reporting person"

Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.

performance bonus compensation financial

"granted to the reporting person as performance bonus compensation, in lieu"

in lieu of cash payment financial

"as performance bonus compensation, in lieu of cash payment of $60,000"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/20/2026 - 08:53 AM Accepted by SEC EDGAR 07/20/2026 - 08:52 AM Learn about SEC filing dates

FAQ

What insider transaction did FGL's CEO report on June 11, 2026?

Founder Group Ltd CEO Lee Seng Chi reported receiving 30,000 Class B Ordinary Shares on June 11, 2026. The shares were granted as performance bonus compensation, representing stock paid instead of a $60,000 cash bonus, using a $2.00 per-share value set by the board.

How many Founder Group Ltd (FGL) Class B shares does the CEO own after this grant?

After the June 11, 2026 grant, CEO Lee Seng Chi directly holds 81,949 Class B Ordinary Shares. This total includes the newly granted 30,000 Class B shares received as a performance bonus in stock rather than cash compensation valued at $60,000.

Did FGL's CEO buy shares on the market or receive a stock grant?

The Form 4 shows a stock grant, not an open-market purchase, for 30,000 Class B Ordinary Shares. These shares were issued as performance bonus compensation in lieu of a $60,000 cash payment, using a board-determined price of $2.00 per share.

What was the implied value and pricing of the FGL CEO's stock bonus?

The grant to FGL CEO Lee Seng Chi was valued at $60,000, based on a $2.00 per-share price. This valuation comes from granting 30,000 Class B Ordinary Shares as a performance bonus instead of paying the same amount in cash compensation.

What are the total direct Class A and Class B holdings of FGL's CEO after the grant?

Following the reported transactions, CEO Lee Seng Chi directly owns 26,080 Class A Ordinary Shares and 81,949 Class B Ordinary Shares. The increase in Class B holdings reflects a 30,000-share performance bonus grant made on June 11, 2026.

SEC Form 4

FORM 4

UNITED 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^*

LEE SENG CHI

(Last) (First) (Middle)

NO.17, JALAN ASTANA 1D

BANDAR BUKIT RAJA

(Street)

KLANG, SELANGOR 41050

(City) (State) (Zip)

MALAYSIA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Founder Group Ltd [ FGL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF EXECUTIVE OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Ordinary Shares								26,080	D
Class B Ordinary Shares	06/11/2026		A(1)		30,000	A	$2	81,949	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents 30,000 Class B Ordinary Shares granted to the reporting person as performance bonus compensation, in lieu of cash payment of $60,000, based on a share price of $2.00 per share as determined by the Board of Directors on June 11, 2026.

	/s/ Lee Seng Chi	07/20/2026
	** Signature of Reporting Person	Date
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)