Primech director granted 91K shares in award
Primech director Mirecki William received 91,408 vested shares under the 2025 Employee Incentive Plan, increasing his direct holdings to 116,725 shares.
Rhea-AI Filing Summary
Primech Holdings Ltd (PMEC) reported that director Mirecki William acquired 91,408 Ordinary Shares on September 10, 2026 through a grant/award. According to the company, these shares vested under written resolutions of the Committee of the Primech 2025 Employee Incentive Plan dated August 26, 2026, bringing his direct holdings to 116,725 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 91,408 shares
Grant/Award
1 txn
Insider
Mirecki William
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 by grant/award: 91,408 shares
Total shares held after transaction: 116,725 shares
Vesting resolution date: August 26, 2026
3 metrics
Shares acquired by grant/award
91,408 shares
Ordinary Shares vested on September 10, 2026
Total shares held after transaction
116,725 shares
Director’s direct ownership following September 10, 2026 vesting
Vesting resolution date
August 26, 2026
Date of Committee written resolutions under Primech 2025 Employee Incentive Plan
Key Terms
Primech 2025 Employee Incentive Plan, vesting, Ordinary Shares
3 terms
Primech 2025 Employee Incentive Plan financial
"vested in the Reporting Person, pursuant to the written resolutions of the Committee of the Primech 2025 Employee Incentive Plan"
vesting financial
"91,408 ordinary shares of Primech Holdings Ltd were vested in the Reporting Person"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PMEC director Mirecki William report on this Form 4?
He reported an acquisition of 91,408 Ordinary Shares of Primech Holdings Ltd on September 10, 2026, received as a grant/award rather than a market purchase, increasing his direct ownership.
Did PMEC’s Form 4 indicate use of a Rule 10b5-1 trading plan for this transaction?
No. The filing’s Rule 10b5-1 checkbox is not marked as an affirmative plan; the transaction is reported as a grant/award acquisition rather than trading under a Rule 10b5-1 plan.
What type of security did Mirecki William receive from PMEC in this transaction?
He received Ordinary Shares of Primech Holdings Ltd. The Form 4 reports a grant/award of 91,408 Ordinary Shares that vested on September 10, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.