Indonesia Energy (INDO) CTO discloses ordinary share and option holdings
Rhea-AI Filing Summary
Indonesia Energy Corp Ltd executive Wu Chia Hsin, the Chief Technology Officer, reported his equity holdings in a Form 3. He directly owns 45,545 ordinary shares and holds fully vested options to purchase 50,000 ordinary shares at $11.00 per share and another 50,000 ordinary shares at $2.79 per share. According to the disclosure, as of March 19, 2026 these options remain unexercised, providing substantial potential additional ownership if exercised before their respective expirations in 2029 and 2034.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Wu Chia Hsin
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Ordinary shares | -- | -- | -- |
Holdings After Transaction:
Options — 100,000 shares (Direct);
Ordinary shares — 45,545 shares (Direct)
Footnotes (3)
- F1. Represent the number of ordinary shares held of record by the reporting person.
- F2. Represents options granted on February 1, 2019 under the Issuer's 2018 Omnibus Equity Incentive Plan to purchase 50,000 ordinary shares of the Issuer at $11.00 per share, which were fully vested and exercisable on December 23, 2022, with expiry on February 1, 2029. On March 19, 2026, such options have not been exercised.
- F3. Represents options granted on December 16, 2024 under the Issuer's 2018 Omnibus Equity Incentive Plan to purchase 50,000 ordinary shares of the Issuer at $2.79 per share, which were fully vested and exercisable on December 16, 2024, with expiry on December 16, 2034. On March 19, 2026, such options have not been exercised.
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FAQ
What insider position does Wu Chia Hsin hold at Indonesia Energy (INDO)?
Wu Chia Hsin serves as Chief Technology Officer of Indonesia Energy Corp Ltd. His Form 3 identifies him as an officer, not a director or 10% owner, and details his direct holdings of ordinary shares and stock options in the company.
What stock options in Indonesia Energy (INDO) does the CTO hold at $11.00?
Wu Chia Hsin holds options to purchase 50,000 ordinary shares at $11.00 per share. These options were granted on February 1, 2019, became fully vested and exercisable on December 23, 2022, and expire on February 1, 2029 if not exercised.
What are the terms of the CTO’s $2.79 Indonesia Energy (INDO) stock options?
He also holds options to purchase 50,000 ordinary shares at $2.79 per share. Granted on December 16, 2024, these options were fully vested and exercisable on that same date and will expire on December 16, 2034 if not exercised.
Have Indonesia Energy (INDO) CTO stock options reported in the Form 3 been exercised?
No. The footnotes state that, as of March 19, 2026, both the 50,000-share option grant at $11.00 and the 50,000-share grant at $2.79 remain unexercised, even though they are fully vested and exercisable.
Under which plan were the Indonesia Energy (INDO) options granted to the CTO?
Both option grants to Wu Chia Hsin were issued under Indonesia Energy’s 2018 Omnibus Equity Incentive Plan. Each grant covers 50,000 ordinary shares at a specified exercise price and includes long-dated expiration terms extending to 2029 and 2034.