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Lucas GC (LGCL) CFO exits direct stake with 775-share open-market sale

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

Rhea-AI Filing Summary

Lucas GC Ltd Chief Financial Officer Lee Wallace Wang Leong reported an open-market sale of company stock. On May 28, 2026, he sold 775 Class A Ordinary Shares at $1.81 per share. Following this transaction, his directly held Class A Ordinary Share position reported in this filing is 0 shares.

Positive

  • None.

Negative

  • None.

Insights

CFO completed a small open-market sale, leaving no reported direct holdings.

The Form 4 shows Chief Financial Officer Lee Wallace Wang Leong executed an open-market sale of 775 Class A Ordinary Shares at $1.81 per share. The total sale value is roughly $1,402.75, which is relatively small in absolute terms.

After the sale, his reported direct holdings of Class A Ordinary Shares are 0 shares, and there are no remaining derivative positions listed. With only one small sale and no indication of a trading plan in the excerpt, the filing mainly updates ownership records without clearly signaling a change in the company’s broader outlook.

Insider Lee Wallace Wang Leong
Role Chief Financial Officer
Sold 775 shs ($1K)
Type Security Shares Price Value
Sale Class A Ordinary Shares 775 $1.81 $1K
Holdings After Transaction: Class A Ordinary Shares — 0 shares (Direct, null)
Footnotes (1)
Shares sold 775 shares Open-market sale of Class A Ordinary Shares on May 28, 2026
Sale price $1.81 per share Price for the 775 Class A Ordinary Shares sold
Approximate transaction value $1,402.75 775 shares multiplied by $1.81 per share
Shares after transaction 0 shares Total directly held Class A Ordinary Shares following the sale
Transactions classified as sales 1 transaction Single reported open-market sale of non-derivative shares
open-market sale financial
"transaction_action is described as an open-market sale of shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A Ordinary Shares financial
"security_title identifies the security as Class A Ordinary Shares"
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
Form 4 regulatory
"insider filing data is identified as a Form 4 submission"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code "S" regulatory
"transaction_code is listed as "S" for the sale"
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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*
Lee Wallace Wang Leong

(Last)(First)(Middle)
ROOM 1109, 11/F, TOWER A STAR PLAZA,
NO. 8 WANGJING STREET

(Street)
CHAOYANG BEIJINGCHINA100102

(City)(State)(Zip)

CHINA

(Country)
2. Issuer Name and Ticker or Trading Symbol
Lucas GC Ltd [ LGCL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026
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
Class A Ordinary Shares05/28/2026S775D$1.810D
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
Explanation of Responses:
/s/ Lee Wang Leong Wallace06/01/2026
** 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 Lucas GC Ltd (LGCL) disclose on this Form 4?

Lucas GC Ltd disclosed that its Chief Financial Officer, Lee Wallace Wang Leong, executed an open-market sale of 775 Class A Ordinary Shares at $1.81 per share. This filing reports the details and updates his direct ownership position after the transaction.

How many Lucas GC Ltd (LGCL) shares did the CFO sell and at what price?

The CFO sold 775 Class A Ordinary Shares of Lucas GC Ltd at a price of $1.81 per share. This equates to a transaction value of about $1,402.75, based purely on multiplying the reported share count by the disclosed sale price.

What is the CFO’s Lucas GC Ltd (LGCL) shareholding after this Form 4 sale?

Following the reported transaction, the CFO’s directly held Class A Ordinary Shares are listed as 0 shares. The Form 4 also shows no remaining derivative positions, meaning no additional options or similar instruments are reported in this particular filing excerpt.

Was the Lucas GC Ltd (LGCL) CFO’s transaction an open-market sale?

Yes. The Form 4 characterizes the transaction as an open-market sale of Class A Ordinary Shares. The transaction code is “S,” and the description specifies a sale in the open market or a private transaction, with 775 shares sold at $1.81 per share.

Does this Lucas GC Ltd (LGCL) Form 4 show any option exercises or derivatives?

No derivative activity appears in this Form 4 excerpt. The transaction involves only non-derivative Class A Ordinary Shares, and the derivative summary section is empty, indicating no options or similar instruments are reported here for the CFO.