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HUTCHMED (HCM) deputy CFO awarded 14,039 LTIP shares held by trustee

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

HUTCHMED (China) Ltd reported a Form 4 for Deputy Chief Financial Officer Lorenso Chiu showing allocations under its Long Term Incentive Plan. On May 20, 2026, a plan trustee allocated 8,863 ordinary shares from awards granted on June 9, 2025 and 5,176 ordinary shares from awards granted on August 5, 2024, both at a purchase price of zero. These shares are held indirectly by the Long Term Incentive Plan trustee on his behalf and are expected to vest and transfer to his personal account in 2028 and 2027, respectively, subject to award terms. No open-market buys or sells were reported.

Positive

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Negative

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Insider Chiu Lorenso
Role Deputy Chief Financial Officer
Type Security Shares Price Value
Other Long Term Incentive Plan awards granted on Aug 5, 2024 5,176 $0.00 --
Other Long Term Incentive Plan awards granted on Jun 9, 2025 8,863 $0.00 --
Holdings After Transaction: Long Term Incentive Plan awards granted on Aug 5, 2024 — 5,176 shares (Indirect, Held by Long Term Incentive Plan trustee); Long Term Incentive Plan awards granted on Jun 9, 2025 — 8,863 shares (Indirect, Held by Long Term Incentive Plan trustee)
Footnotes (1)
  1. Represents ordinary shares allocated to the Reporting Person at a purchase price of zero following determination of achievement of the FY2025 performance conditions applicable to the Long Term Incentive Plan awards granted on August 5, 2024. The allocated shares are held by the LTIP trustee on behalf of the Reporting Person and are expected to vest, and be transferred to the Reporting Person's personal account, in 2027, subject to the terms and conditions of the awards. Represents ordinary shares allocated to the Reporting Person at a purchase price of zero following determination of achievement of the FY2025 performance conditions applicable to the Long Term Incentive Plan awards granted on June 9, 2025. The allocated shares are held by the LTIP trustee on behalf of the Reporting Person and are expected to vest, and be transferred to the Reporting Person's personal account, in 2028, subject to the terms and conditions of the awards.
LTIP allocation (Jun 9, 2025 grant) 8,863 shares Ordinary shares allocated at $0.0000 on May 20, 2026
LTIP allocation (Aug 5, 2024 grant) 5,176 shares Ordinary shares allocated at $0.0000 on May 20, 2026
Total LTIP shares restructured 14,039 shares RestructuringCount in transaction summary
Purchase price per share $0.0000/share Both LTIP allocations
Vesting year (2024 grant) 2027 Expected vesting and transfer year
Vesting year (2025 grant) 2028 Expected vesting and transfer year
Long Term Incentive Plan financial
"Long Term Incentive Plan awards granted on Jun 9, 2025"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
LTIP trustee financial
"The allocated shares are held by the LTIP trustee on behalf of the Reporting Person"
FY2025 performance conditions financial
"following determination of achievement of the FY2025 performance conditions applicable to the Long Term Incentive Plan awards"
Ordinary shares financial
"Represents ordinary shares allocated to the Reporting Person at a purchase price of zero"
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
Other acquisition or disposition financial
"transaction_code_description: Other acquisition or disposition"
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*
Chiu Lorenso

(Last)(First)(Middle)
C/O 48TH FLOOR, CHEUNG KONG CENTER, 2
QUEEN'S ROAD CENTRAL

(Street)
HONG KONGK3000000

(City)(State)(Zip)

CHINA

(Country)
2. Issuer Name and Ticker or Trading Symbol
HUTCHMED (China) Ltd [ HCM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Deputy Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
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
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
Long Term Incentive Plan awards granted on Aug 5, 2024(1)05/20/2026J5,176 (1) (1)Ordinary shares5,176$05,176IHeld by Long Term Incentive Plan trustee
Long Term Incentive Plan awards granted on Jun 9, 2025(2)05/20/2026J8,863 (2) (2)Ordinary shares8,863$08,863IHeld by Long Term Incentive Plan trustee
Explanation of Responses:
1. Represents ordinary shares allocated to the Reporting Person at a purchase price of zero following determination of achievement of the FY2025 performance conditions applicable to the Long Term Incentive Plan awards granted on August 5, 2024. The allocated shares are held by the LTIP trustee on behalf of the Reporting Person and are expected to vest, and be transferred to the Reporting Person's personal account, in 2027, subject to the terms and conditions of the awards.
2. Represents ordinary shares allocated to the Reporting Person at a purchase price of zero following determination of achievement of the FY2025 performance conditions applicable to the Long Term Incentive Plan awards granted on June 9, 2025. The allocated shares are held by the LTIP trustee on behalf of the Reporting Person and are expected to vest, and be transferred to the Reporting Person's personal account, in 2028, subject to the terms and conditions of the awards.
/s/ Chiu Lorenso05/21/2026
** 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)

FAQ

What insider transaction did HUTCHMED (HCM) report for Lorenso Chiu?

HUTCHMED reported Long Term Incentive Plan allocations for Deputy CFO Lorenso Chiu. A plan trustee allocated 8,863 ordinary shares from 2025 awards and 5,176 shares from 2024 awards, all at zero purchase price, held indirectly on his behalf.

Were any HUTCHMED (HCM) shares bought or sold on the market in this Form 4?

No market purchases or sales were reported. The filing shows only Long Term Incentive Plan allocations at a purchase price of zero, categorized as “other acquisition or disposition,” with shares held by a trustee rather than through open-market trading.

How many HUTCHMED (HCM) shares were allocated under the Long Term Incentive Plan?

A total of 14,039 ordinary shares were allocated. This includes 8,863 shares tied to awards granted on June 9, 2025 and 5,176 shares tied to awards granted on August 5, 2024, all recorded at zero purchase price.

When do the reported HUTCHMED (HCM) Long Term Incentive Plan shares vest?

The allocated shares have staggered vesting years. Shares linked to August 5, 2024 awards are expected to vest and transfer in 2027, while those linked to June 9, 2025 awards are expected to vest and transfer in 2028, subject to award conditions.

How are the HUTCHMED (HCM) shares from this Form 4 held for Lorenso Chiu?

All shares are held indirectly by an LTIP trustee on behalf of Lorenso Chiu. The Form 4 notes the nature of ownership as “Held by Long Term Incentive Plan trustee,” with transfers to his personal account expected upon vesting in 2027 and 2028.