NewGenIvf (NIVF) awards 73,647 employee share options to company director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NewGenIvf Group Ltd director Siu Wing Fung Alfred received a grant of 73,647 Employee Share Options as part of his compensation. These options have an exercise price of $0.0001 per Class B ordinary share and expire on July 8, 2033.
The options were granted under the company’s 2024 Share Incentive Plan and an option agreement dated July 8, 2026. They vest over 36 months, with 10% vesting on August 8, 2026 and the remainder vesting in approximately 2.6% monthly tranches, aligning incentives over a multi-year period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Siu Wing Fung Alfred
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Share Options | 73,647 | $0.00 | -- |
Holdings After Transaction:
Employee Share Options — 73,647 shares (Direct)
Footnotes (1)
- The Employee Share Options were granted pursuant to the Issuer's 2024 Share Incentive Plan and an employee share option agreement, dated July 8, 2026, between the Issuer and the Reporting Person (the "Option Agreement"). The Employee Share Options vest monthly, over 36 months, with the first tranche of 10% vesting on August 8, 2026. Thereafter, the Employee Share Options vest monthly in tranches of approximately 2.6%.
Key Figures
Options granted: 73,647 options
Exercise price: $0.0001 per share
Underlying shares: 73,647 Class B shares
+5 more
8 metrics
Options granted
73,647 options
Employee Share Options granted to director on July 8, 2026
Exercise price
$0.0001 per share
Exercise price for each underlying Class B ordinary share
Underlying shares
73,647 Class B shares
Underlying security for the Employee Share Options
Post-grant derivative holdings
73,647 options
Total Employee Share Options following the transaction
Vesting period
36 months
Options vest monthly over three years
Initial vesting tranche
10%
First portion vests on August 8, 2026
Subsequent vesting rate
≈2.6% monthly
Remaining options vest each month after initial tranche
Option expiration
July 8, 2033
Expiration date of Employee Share Options
Key Terms
Employee Share Options, 2024 Share Incentive Plan, vesting, Class B ordinary shares
4 terms
vesting financial
"The Employee Share Options vest monthly, over 36 months, with the first tranche of 10% vesting on August 8, 2026."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did NewGenIvf (NIVF) director Siu Wing Fung Alfred report on this Form 4?
He reported a grant of 73,647 Employee Share Options as compensation. The options relate to Class B ordinary shares and were awarded under NewGenIvf’s 2024 Share Incentive Plan, rather than being bought in the open market.
How many options did the NewGenIvf (NIVF) director receive and at what exercise price?
He received 73,647 Employee Share Options with an exercise price of $0.0001 per underlying Class B ordinary share. This low exercise price effectively makes the award similar to equity compensation that can be exercised at a nominal cost if vested.
When do the NewGenIvf (NIVF) options granted to the director start vesting and over what period?
The options start vesting on August 8, 2026, when 10% of the grant vests. The remaining options then vest monthly over a total 36‑month period in tranches of approximately 2.6%, spreading vesting across three years.
Are the NewGenIvf (NIVF) Form 4 transactions open-market buys or compensation awards?
They are compensation awards, not open-market purchases. The filing describes an “A” code transaction, meaning a grant or award of 73,647 Employee Share Options under the 2024 Share Incentive Plan and an option agreement with the director.