Prenetics (NASDAQ: PRE) CFO gets RSU shares at $0.0001 and $0.00
Rhea-AI Filing Summary
Prenetics Global Ltd (symbol PRE) reported that Chief Financial Officer Hoi Chun Lo exercised previously granted Restricted Stock Units (RSUs) into Class A Ordinary Shares on August 21, 2026. He acquired 32,736 Class A Ordinary Shares at $0.0001 per share and 45,815 Class A Ordinary Shares at $0.00 per share through RSU settlements.
The underlying RSU awards were granted under Prenetics Global Ltd's 2022 Share Incentive Plan. Footnotes state that each RSU represents a contingent right to receive one Class A Ordinary Share, that some grants were adjusted following a 1-for-15 reverse stock split, and that vested RSUs are settled in shares at Lo's election in line with the company’s insider trading policy.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 78,551 shares
Net Buy
4 txns
Insider
Lo Hoi Chun
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2, F3 | 45,815 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F1, F4 | 491,029 | $0.0001 | $49.10 |
| Exercise | Class A Ordinary Share, par value $0.0015 per share F1 | 32,736 | $0.0001 | $3.27 |
| Exercise | Class A Ordinary Share, par value $0.0015 per share | 45,815 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 122,172 shares (Direct);
Class A Ordinary Share, par value $0.0015 per share — 566,013 shares (Direct)
Footnotes (4)
- F1. To be paid per Class A Ordinary Share received.
- F2. Each of the 45,815 Restricted Stock Units ("RSUs"), granted under the Issuer's 2022 Share Incentive Plan, represents the contingent right to receive one Class A Ordinary Share. Hoi Chun Lo's vested RSUs are not automatically settled upon vesting. Settlement and delivery of Class A Ordinary Shares in respect of vested RSUs occurs at Hoi Chun Lo's election, in accordance with the Issuer's insider trading policy.
- F3. Each of the 61,086 RSUs, granted under the Issuer's 2022 Share Incentive Plan, represents the contingent right to receive one Class A Ordinary Share. The RSUs vest in accordance with the following schedule, subject to continued service: On the 19th day of each month until and including March 19, 2027: 7,635.75 (total of 53,450 Class A Ordinary Shares); April 19, 2027: 7,636 (7,636 Class A Ordinary Shares). Hoi Chun Lo's vested RSUs are not automatically settled upon vesting. Settlement and delivery of Class A Ordinary Shares in respect of vested RSUs occurs at Hoi Chun Lo's election, in accordance with the Issuer's insider trading policy.
- F4. Each of the 491,029 RSUs, granted under the Issuer's 2022 Share Incentive Plan, originally represented the contingent right to receive one Class A Ordinary Share. Following the Issuer's 1-for-15 reverse stock split effected on November 14, 2023, the 491,029 RSUs now represent the contingent right to receive an aggregate of 32,736 Class A Ordinary Shares. The RSUs vested in accordance with the following schedule, subject to continued service: January 23, 2026: 80,914 (5,394 Shares); February 23, 2026: 80,914 (5,394 Shares); March 23, 2026: 80,915 (5,395 Shares); April 23, 2026: 80,914 (5,394 Shares); May 23, 2026: 80,914 (5,394 Shares); June 23, 2026: 86,458 (5,765 Shares). Hoi Chun Lo's vested RSUs are not automatically settled upon vesting. Settlement and delivery of Class A Ordinary Shares in respect of vested RSUs occurs at Hoi Chun Lo's election, in accordance with the Issuer's insider trading policy.
Key Figures
Shares acquired from RSU settlement at $0.0001: 32,736 Class A Ordinary Shares
Shares acquired from RSU settlement at $0.00: 45,815 Class A Ordinary Shares
RSU grant adjusted by reverse stock split: 491,029 RSUs now for 32,736 shares
+2 more
5 metrics
Shares acquired from RSU settlement at $0.0001
32,736 Class A Ordinary Shares
Acquired by CFO Hoi Chun Lo on August 21, 2026 via RSU exercise
Shares acquired from RSU settlement at $0.00
45,815 Class A Ordinary Shares
Acquired by CFO Hoi Chun Lo on August 21, 2026 via RSU exercise
RSU grant adjusted by reverse stock split
491,029 RSUs now for 32,736 shares
RSUs under 2022 Share Incentive Plan after 1-for-15 reverse stock split
Additional RSU grant
61,086 RSUs
RSUs vest monthly through March 19, 2027 and on April 19, 2027
Reverse stock split ratio
1-for-15
Reverse stock split effected on November 14, 2023
Key Terms
Restricted Stock Unit, 2022 Share Incentive Plan, reverse stock split, contingent right
4 terms
Restricted Stock Unit financial
"Each of the 45,815 Restricted Stock Units ("RSUs"), granted under the Issuer's 2022 Share Incentive Plan"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
reverse stock split financial
"Following the Issuer's 1-for-15 reverse stock split effected on November 14, 2023"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
contingent right financial
"represents the contingent right to receive one Class A Ordinary Share"
FAQ
What insider transactions did PRE report for CFO Hoi Chun Lo on this Form 4?
The report shows Hoi Chun Lo, CFO of Prenetics Global Ltd (PRE), exercised RSUs into Class A Ordinary Shares on August 21, 2026, acquiring 32,736 shares at $0.0001 per share and 45,815 shares at $0.00 per share through RSU settlements.
How many Prenetics Global Ltd (PRE) RSUs are described in the filing?
The filing describes RSU grants of 45,815 units, 61,086 units, and an award of 491,029 RSUs that, after a 1-for-15 reverse stock split, represent a contingent right to receive an aggregate of 32,736 Class A Ordinary Shares, all under the 2022 Share Incentive Plan.
How did Prenetics Global Ltd's reverse stock split affect CFO Lo’s RSUs?
The filing states that 491,029 RSUs originally represented the right to receive the same number of shares, but after Prenetics Global Ltd’s 1-for-15 reverse stock split on November 14, 2023, they now represent the contingent right to receive 32,736 Class A Ordinary Shares.
When do the PRE RSUs reported for Hoi Chun Lo vest?
For 61,086 RSUs, the vesting schedule runs monthly on the 19th day until March 19, 2027 (total 53,450 shares), with an additional 7,636 shares vesting on April 19, 2027, all subject to continued service and later share settlement at Lo’s election.
AI-generated analysis. How Rhea-AI works. Not financial advice.
