Intchains Group (ICG) director granted 23,622 Class A shares valued at US$30,000

Rhea-AI Filing Summary

Gu Qingyang reported acquisition or exercise transactions in this Form 4 filing.

Intchains Group Ltd director Gu Qingyang received a share grant that increases his direct holdings. On May 6, 2026, he was granted 23,622 fully vested Class A ordinary shares, representing a fixed value of US$30,000 based on the deemed closing price on May 5, 2026. These shares are subject to a six-month lock-up from the award date and are classified as control securities under Rule 144.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gu Qingyang

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Ordinary Shares	23,622	$0.00	--

Holdings After Transaction: Class A Ordinary Shares — 23,622 shares (Direct, null)

Footnotes (1)

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Key Figures

Share grant size: 23,622 Class A ordinary shares Grant value: US$30,000 Price basis date: May 5, 2026 +2 more

5 metrics

Share grant size 23,622 Class A ordinary shares Fully vested award on May 6, 2026

Grant value US$30,000 Fixed value used to determine shares granted

Price basis date May 5, 2026 Deemed closing price date used to size the award

Lock-up period Six months Restriction from the May 6, 2026 award date

Post-transaction holdings 23,622 shares Direct Class A ordinary shares after the grant

Key Terms

2022 Share Incentive Plan, lock-up period, control securities, Rule 144

4 terms

2022 Share Incentive Plan financial

"pursuant to the Issuer's 2022 Share Incentive Plan, representing a fixed value"

lock-up period financial

"The shares are subject to a sixmonth lock-up period from the award date"

A lock-up period is a fixed time after a stock offering during which company insiders and early investors are legally barred from selling their shares. It matters because when that restriction expires a large block of previously locked-up shares can enter the market at once, potentially lowering the stock price or spiking trading volume—like opening a floodgate—so investors monitor these dates to anticipate price moves and manage risk.

control securities financial

"and constitute "control securities" under Rule 144"

Rule 144 regulatory

"and constitute "control securities" under Rule 144"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Form 4 Insider Transactions: What Each Field Means →

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^*

Gu Qingyang

(Last) (First) (Middle)

C/O BUILDING 16, LN 999, XINYUAN S RD

LIN-GANG SPECIAL AREA, PUDONG

(Street)

SHANGHAI 201306

(City) (State) (Zip)

CHINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Intchains Group Ltd [ ICG ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

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	05/06/2026		A		23,622	A	$0.00(1)	23,622	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. On May 6, 2026, the Issuer granted to the Reporting Person 23,622 fully-vested Class A Ordinary Shares pursuant to the Issuer's 2022 Share Incentive Plan, representing a fixed value of US$30,000 divided by the deemed closing price of the Issuer's Class A Ordinary Shares as of May 5, 2026. The shares are subject to a sixmonth lock-up period from the award date and constitute "control securities" under Rule 144.

	/s/ Gu Qingyang	05/07/2026
	** 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)

FAQ

What did Intchains Group (ICG) director Gu Qingyang report on this Form 4?

Gu Qingyang reported receiving a grant of 23,622 fully vested Class A ordinary shares. The award was made under Intchains Group’s 2022 Share Incentive Plan as equity compensation and did not involve any cash purchase by the director.

How large is the Intchains Group (ICG) share award to Gu Qingyang?

The award totals 23,622 Class A ordinary shares, representing a fixed value of US$30,000. The number of shares was calculated by dividing that value by Intchains Group’s deemed closing share price on May 5, 2026.

Does Gu Qingyang pay anything for the Intchains Group (ICG) shares granted?

No, the Form 4 shows a transaction price per share of US$0.0000, indicating a compensation grant. The 23,622 fully vested Class A ordinary shares were provided as an equity award under the company’s 2022 Share Incentive Plan.

Are the new Intchains Group (ICG) shares granted to Gu Qingyang immediately tradeable?

No, the granted 23,622 Class A ordinary shares are subject to a six-month lock-up period from the May 6, 2026 award date. They are also classified as “control securities” under Rule 144, which can affect how and when they may be sold.

What is Gu Qingyang’s direct Intchains Group (ICG) share ownership after this grant?

After receiving the 23,622-share grant, Gu Qingyang directly holds 23,622 Class A ordinary shares. This figure reflects his direct ownership position reported immediately following the transaction on the Form 4 filing.