Founder Group CEO granted 30,000 Class B shares
LEE SENG CHI reported acquisition or exercise transactions in this Form 4 filing.
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Ordinary Shares F1 | 30,000 | $2.00 | $60K |
| Holding | Class A Ordinary Shares | -- | -- | -- |
Footnotes (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
Key Terms
performance bonus compensation financial
in lieu of cash payment financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FGL's CEO report on June 11, 2026?
What was the implied value and pricing of the FGL CEO's stock bonus?
What are the total direct Class A and Class B holdings of FGL's CEO after the grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.