HWH International (HWH) CEO Chan Heng Fai receives 1.48M-share stock award
Rhea-AI Filing Summary
Chan Heng Fai Ambrose reported acquisition or exercise transactions in this Form 4 filing.
HWH International Inc. reported that its Chairman and Chief Executive Officer, Chan Heng Fai, received a grant of 1,480,000 shares of common stock on August 7, 2026. The shares were awarded as compensation for services under the company’s 2025 Incentive Compensation Plan, as amended, and are subject to a 12‑month lockup from the date of issuance.
Following this award, Mr. Chan owns 2,482,600 shares of HWH International Inc. common stock personally. A related entity, Alset Inc., which is chaired and controlled by Mr. Chan, beneficially owns 5,581,719 additional shares of HWH International Inc. common stock through direct and indirect holdings, including warrants exercisable into 47,375 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,480,000 shares
Net Buy
1 txn
Insider
Chan Heng Fai Ambrose
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 1,480,000 | -- | -- |
Holdings After Transaction:
Common Stock — 2,482,600 shares (Direct)
Footnotes (2)
- F1. On August 7, 2026, the Board of Directors of HWH International Inc. (the "Company") awarded the Company's Chairman and Chief Executive Officer Chan Heng Fai 1,480,000 shares of the Company's common stock (the "Shares"). The Shares were granted to Mr. Chan as compensation for services rendered to the Company pursuant to the Company's 2025 Incentive Compensation Plan, as amended. The Shares are subject to a lockup for twelve months from the date of issuance.
- F2. The Chairman, Chief Executive Officer and majority stockholder of Alset Inc., Chan Heng Fai, may also be deemed to possess beneficial ownership of shares of the Issuer owned by Alset Inc. Alset Inc. beneficially owns 5,581,719 shares of the Issuer's common stock, including 2,787,590 shares owned directly, 2,211,279 shares owned indirectly through its majority owned subsidiary Alset International Limited, and 535,475 shares and warrants exercisable into 47,375 shares owned indirectly through another majority owned subsidiary of Alset Inc., Alset Acquisition Sponsor, LLC. Mr. Chan owns 2,482,600 shares of the Issuer's common stock personally.
Key Figures
Shares granted: 1,480,000 shares
Personal holdings after grant: 2,482,600 shares
Alset Inc. beneficial holdings: 5,581,719 shares
+2 more
5 metrics
Shares granted
1,480,000 shares
Common stock awarded to CEO Chan Heng Fai on August 7, 2026 as compensation
Personal holdings after grant
2,482,600 shares
HWH common shares owned personally by Chan Heng Fai following the reported award
Alset Inc. beneficial holdings
5,581,719 shares
HWH common shares beneficially owned by Alset Inc. through direct and indirect holdings
Warrants held via subsidiary
47,375 shares
Warrants exercisable into HWH common stock held through Alset Acquisition Sponsor, LLC
Lockup period
12 months
Lockup duration from the issuance date for the 1,480,000 granted shares
Key Terms
2025 Incentive Compensation Plan, beneficial ownership, lockup, warrants
4 terms
2025 Incentive Compensation Plan financial
"granted to Mr. Chan as compensation for services rendered pursuant to the Company's 2025 Incentive Compensation Plan"
beneficial ownership financial
"may also be deemed to possess beneficial ownership of shares of the Issuer owned by Alset Inc."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
lockup financial
"The Shares are subject to a lockup for twelve months from the date of issuance."
A lockup is a contractual restriction that prevents company insiders, early investors, and employees from selling their shares for a fixed period after a public offering or other share issuance. It matters to investors because when that period ends, a sudden increase in available shares can push the stock price down or change trading liquidity; think of it like many homeowners being allowed to list their homes for sale all at once after a temporary sales ban is lifted.
warrants financial
"535,475 shares and warrants exercisable into 47,375 shares owned indirectly through another majority owned subsidiary"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
FAQ
How are Alset Inc.’s HWH holdings structured according to the filing for HWH?
Alset Inc.’s 5,581,719 HWH shares include 2,787,590 shares owned directly, 2,211,279 shares owned through Alset International Limited, and 535,475 shares plus warrants for 47,375 shares owned through Alset Acquisition Sponsor, LLC.
AI-generated analysis. How Rhea-AI works. Not financial advice.
