HCM IV director assigned 25,000 Class B shares
HCM IV Acquisition Corp. director Richard Charles Donohoe reported an "other" equity transaction involving 25,000 Class B ordinary shares on February 11, 2026.
Rhea-AI Filing Summary
HCM IV Acquisition Corp. director Richard Charles Donohoe reported an "other" equity transaction involving 25,000 Class B ordinary shares on February 11, 2026. These shares were assigned to him by the Sponsor in connection with his appointment to the board at a stated price of $0.003 per share, leaving him with 25,000 shares directly held. The Class B ordinary shares are automatically convertible into Class A ordinary shares on a one-for-one basis upon the company’s initial business combination, subject to anti-dilution adjustments and potential forfeiture tied to his board service.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class B Ordinary Shares | 25,000 | $0.003 | $75.00 |
Footnotes (2)
- F1. The Class B ordinary shares are automatically convertible into the shares of the Issuer's Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date. The Class B ordinary shares are subject to forfeiture under certain circumstances relating to Mr. Donohoe's service on the Issuer's Board of Directors.
- F2. As contemplated by the securities purchase agreement between HCM Investor Holdings IV, LLC (the "Sponsor") and Mr. Donohoe, dated February 11, 2026, the Sponsor assigned 25,000 Class B ordinary shares to Mr. Donohoe in connection with Mr. Donohoe's appointment to the Issuer's Board of Directors.
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What insider transaction did HCM IV Acquisition Corp. (HACQU) report for Richard Donohoe?
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