Lucas GC CEO granted 2,360 Class B shares

Lucas GC Ltd’s CEO received an equity award of Class B shares, held via a subsidiary and convertible 1-for-1 into Class A with no expiration.

Rhea-AI Filing Summary

Lucas GC Ltd (LGCL) reported that Chief Executive Officer and director Lee Howard Ming Wah, who is also a ten percent owner, indirectly acquired 2,360 Class B ordinary shares on September 9, 2026 as a grant or award under the Lucas GC Limited Amended and Restated 2024 Equity Incentive Plan.

The shares are held indirectly through HTL Lucky Holding Limited, a British Virgin Islands company that is a wholly owned subsidiary of HTL Star Holding Limited, which is wholly owned by Mr. Lee. Each Class B ordinary share is convertible into one Class A ordinary share at any time at the holder’s option by written notice to the company, and the Class B shares do not have an expiration date. No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Grant/Award: 2,360 shares

Grant/Award 1 txn

Insider Lee Howard Ming Wah

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Class B ordinary shares F1, F3, F4, F2	2,360	$0.00	$0.00

Holdings After Transaction: Class B ordinary shares — 2,360 contracts (Indirect, By HTL Lucky Holding Limited)

Footnotes (4)

1. F1. The Reporting Person acquired these 2,360 Class B ordinary shares pursuant to an award under the Lucas GC Limited Amended and Restated 2024 Equity Incentive Plan.
2. F2. HTL Lucky Holding Limited, a British Virgin Islands company, which is a wholly owned subsidiary of HTL Star Holding Limited. HTL Star Holding Limited is wholly owned by Mr. Lee Ming Wah Howard.
3. F3. Each Class B ordinary share is convertible into one Class A ordinary share at any time at the option of the holder thereof. The right to convert shall be exercisable by the holder of the Class B ordinary shares delivering a written notice to the Company that such holder elects to convert a specified number of Class B ordinary shares into Class A ordinary shares.
4. F4. The Class B ordinary shares owned by the Reporting Person do not have an expiration date.

Key Figures

Class B shares granted: 2,360 shares Underlying Class A shares: 2,360 shares Price per Class B share in award: $0.0000 per share +2 more

5 metrics

Class B shares granted 2,360 shares Grant/award to CEO on September 9, 2026

Underlying Class A shares 2,360 shares Each Class B ordinary share convertible into one Class A ordinary share

Price per Class B share in award $0.0000 per share Equity incentive award, not a market purchase

Indirect holdings after transaction (Class B) 2,360 shares Class B ordinary shares held through HTL Lucky Holding Limited following the grant

Conversion ratio 1 Class B share to 1 Class A share Class B ordinary shares convertible at any time at holder’s option

Key Terms

Class B ordinary shares, Amended and Restated 2024 Equity Incentive Plan, convertible, British Virgin Islands

4 terms

Class B ordinary shares financial

"The Reporting Person acquired these 2,360 Class B ordinary shares pursuant to an award"

Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.

Amended and Restated 2024 Equity Incentive Plan financial

"pursuant to an award under the Lucas GC Limited Amended and Restated 2024 Equity Incentive Plan"

convertible financial

"Each Class B ordinary share is convertible into one Class A ordinary share"

A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.

British Virgin Islands regulatory

"HTL Lucky Holding Limited, a British Virgin Islands company, which is a wholly owned subsidiary"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Lucas GC Ltd (LGCL) disclose in this Form 4?

Lucas GC Ltd disclosed that CEO and director Lee Howard Ming Wah indirectly acquired 2,360 Class B ordinary shares on September 9, 2026 as a grant or award under the company’s Amended and Restated 2024 Equity Incentive Plan.

How many shares did the LGCL CEO acquire and at what price?

The CEO indirectly acquired 2,360 Class B ordinary shares with 0.0000 listed as the price per share, reflecting an equity incentive award rather than a market purchase. Following the transaction, indirect holdings reported for this award total 2,360 Class B shares.

Through what entity are the new Lucas GC Ltd (LGCL) shares held?

The 2,360 Class B ordinary shares are held indirectly by HTL Lucky Holding Limited, a British Virgin Islands company that is a wholly owned subsidiary of HTL Star Holding Limited, which in turn is wholly owned by Mr. Lee.

Are Lucas GC Ltd (LGCL) Class B ordinary shares convertible into Class A shares?

Yes. Each Class B ordinary share is convertible into one Class A ordinary share at any time at the holder’s option by delivering written notice to the company specifying the number of Class B shares to convert into Class A shares.

Do the Lucas GC Ltd (LGCL) Class B ordinary shares reported have an expiration date?

No. The filing states that the Class B ordinary shares owned by the reporting person do not have an expiration date, meaning the conversion right into Class A shares remains available without a stated time limit.

Was the LGCL insider transaction made under a Rule 10b5-1 trading plan?

No. The filing indicates that the Rule 10b5-1 checkbox is not selected, and there is no footnote disclosure describing this grant as made pursuant to a Rule 10b5-1 or similar pre-arranged trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/11/2026 - 09:04 AM Accepted by SEC EDGAR 09/11/2026 - 09:04 AM Learn about SEC filing dates

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^*

Lee Howard Ming Wah

(Last) (First) (Middle)

ROOM 1109, 11/F, TOWER A, STAR PLAZA,

NO. 8 WANGJING STREET, CHAOYANG DISTRICT

(Street)

BEIJING 100027

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/09/2026

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

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
Class B ordinary shares	$0	09/09/2026		A		2,360		(3)(4)	(3)(4)	Class A ordinary shares	2,360	$0(1)	2,360	I	By HTL Lucky Holding Limited(2)

Explanation of Responses:

1. The Reporting Person acquired these 2,360 Class B ordinary shares pursuant to an award under the Lucas GC Limited Amended and Restated 2024 Equity Incentive Plan.

2. HTL Lucky Holding Limited, a British Virgin Islands company, which is a wholly owned subsidiary of HTL Star Holding Limited. HTL Star Holding Limited is wholly owned by Mr. Lee Ming Wah Howard.

3. Each Class B ordinary share is convertible into one Class A ordinary share at any time at the option of the holder thereof. The right to convert shall be exercisable by the holder of the Class B ordinary shares delivering a written notice to the Company that such holder elects to convert a specified number of Class B ordinary shares into Class A ordinary shares.

4. The Class B ordinary shares owned by the Reporting Person do not have an expiration date.

	/s/ Lee Ming Wah Howard	09/11/2026
	** 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)