Primech director granted 91K shares in award
A director of Primech Holdings Ltd received a sizeable equity vesting under the 2025 employee incentive plan, increasing his direct shareholdings.
Rhea-AI Filing Summary
Primech Holdings Ltd (PMEC) reported that director Chan Kai Yue Jason acquired 91,408 Ordinary Shares on September 10, 2026 through a vested award under the Primech 2025 Employee Incentive Plan. Following this grant, he directly holds 116,725 Ordinary Shares. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 91,408 shares
Grant/Award
1 txn
Insider
Chan Kai Yue Jason
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F1 | 91,408 | -- | -- |
Holdings After Transaction:
Ordinary Shares — 116,725 shares (Direct)
Footnotes (1)
- F1. On September 10, 2026, 91,408 ordinary shares of Primech Holdings Ltd were vested in the Reporting Person, pursuant to the written resolutions of the Committee of the Primech 2025 Employee Incentive Plan dated August 26, 2026.
Key Figures
Shares acquired via vesting: 91,408 Ordinary Shares
Total direct holdings after transaction: 116,725 Ordinary Shares
Vesting date: September 10, 2026
+1 more
4 metrics
Shares acquired via vesting
91,408 Ordinary Shares
Equity award vesting on September 10, 2026 for the reporting person
Total direct holdings after transaction
116,725 Ordinary Shares
Reported holdings of the director following the September 10, 2026 vesting
Vesting date
September 10, 2026
Date when 91,408 Ordinary Shares vested under the incentive plan
Plan committee resolution date
August 26, 2026
Date of written resolutions approving the vesting under the Primech 2025 Employee Incentive Plan
Key Terms
Ordinary Shares, vested, Primech 2025 Employee Incentive Plan, Committee
4 terms
vested financial
"91,408 ordinary shares of Primech Holdings Ltd were vested in the Reporting Person"
Primech 2025 Employee Incentive Plan financial
"pursuant to the written resolutions of the Committee of the Primech 2025 Employee Incentive Plan"
Committee financial
"written resolutions of the Committee of the Primech 2025 Employee Incentive Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PMEC disclose for director Chan Kai Yue Jason?
Primech Holdings Ltd disclosed that director Chan Kai Yue Jason acquired 91,408 Ordinary Shares on September 10, 2026, from a vested equity award under the Primech 2025 Employee Incentive Plan, as approved by written resolutions of the plan committee dated August 26, 2026.
Was the PMEC Form 4 transaction made under a Rule 10b5-1 trading plan?
No. The filing indicates the Rule 10b5-1 checkbox is not selected, so the reported September 10, 2026 acquisition of 91,408 Ordinary Shares was not affirmed as being made under a Rule 10b5-1 trading plan.
What type of transaction is reported in this PMEC Form 4 filing?
The Form 4 reports a grant, award, or other acquisition of Ordinary Shares (transaction code A). It reflects the vesting of 91,408 shares rather than an open-market purchase or sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.