Prenetics Global (PRE) director’s entity converts 15,873 RSUs into Class A shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Prenetics Global Ltd director Cheng Yin Pan, through wholly owned entity M13 Capital Management Holdings Limited, exercised vested Restricted Stock Units into ordinary shares. On June 15, 2026, 15,873 RSUs converted into 15,873 Class A Ordinary Shares at a price of $0.0000 per share.
After the transaction, M13 Capital Management Holdings Limited held 59,051 Class A Ordinary Shares indirectly and 6,406 RSUs remained outstanding. This was a compensation-related RSU settlement rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
15,873 shares exercised/converted
Mixed
2 txns
Insider
Cheng Yin Pan, M13 Capital Management Holdings Ltd
Role
null | null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 15,873 | $0.00 | -- |
| Exercise | Class A Ordinary Share, par value $0.0015 per share | 15,873 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 6,406 shares (Indirect, By M13 Capital Management Holdings Limited);
Class A Ordinary Share, par value $0.0015 per share — 59,051 shares (Indirect, By M13 Capital Management Holdings Limited)
Footnotes (1)
- Represents 15,873 Class A Ordinary Shares of the Issuer issued and delivered upon settlement of vested Restricted Stock Units ("RSUs") granted under the Issuer's 2022 Share Incentive Plan. M13 Capital Management Holdings Limited is a British Virgin Islands company wholly owned by Cheng Yin Pan. Each RSU, granted under the Issuer's 2022 Share Incentive Plan, represents a contingent right to receive one Class A Ordinary Share. 15,873 RSUs vested on May 17, 2026 and were settled and delivered in shares on June 15, 2026.
Key Figures
RSUs exercised: 15,873 units
Shares issued on settlement: 15,873 shares
Post-transaction share holdings: 59,051 shares
+4 more
7 metrics
RSUs exercised
15,873 units
Vested RSUs settled into Class A Ordinary Shares on June 15, 2026
Shares issued on settlement
15,873 shares
Class A Ordinary Shares delivered to M13 Capital Management Holdings Limited
Post-transaction share holdings
59,051 shares
Class A Ordinary Shares indirectly held after RSU conversion
Remaining RSUs
6,406 units
RSUs still outstanding after 15,873 units vested and settled
RSU exercise price
$0.0000 per share
Stated transaction price for RSU-to-share settlement
RSU vesting date
May 17, 2026
Date on which 15,873 RSUs vested before settlement
RSU expiration date
May 18, 2032
Expiration for the RSU award referenced in the filing
Key Terms
Restricted Stock Unit, 2022 Share Incentive Plan, Class A Ordinary Share, Exercise or conversion of derivative security
4 terms
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit""
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.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
FAQ
What insider transaction did Prenetics Global (PRE) report for Cheng Yin Pan?
Prenetics Global reported that entity M13 Capital Management Holdings Limited, wholly owned by director Cheng Yin Pan, settled 15,873 vested RSUs into 15,873 Class A Ordinary Shares. This reflects a compensation-related RSU conversion rather than an open-market trade in PRE shares.
Does the Prenetics (PRE) Form 4 reflect a stock purchase or sale on the market?
The Form 4 does not show a market purchase or sale. It records an M-code exercise, where 15,873 RSUs vested and converted into 15,873 Class A Ordinary Shares at a stated price of $0.0000 per share, as part of equity compensation.
What are Prenetics (PRE) RSUs mentioned in the filing and how were they settled?
Each RSU under Prenetics’ 2022 Share Incentive Plan represents a contingent right to one Class A Ordinary Share. In this filing, 15,873 RSUs vested on May 17, 2026 and were settled and delivered in shares on June 15, 2026 to M13 Capital Management Holdings Limited.
What are M13 Capital Management Holdings Limited’s holdings in Prenetics (PRE) after the transaction?
After the RSU settlement, M13 Capital Management Holdings Limited held 59,051 Class A Ordinary Shares indirectly and 6,406 RSUs remained outstanding. This provides a snapshot of the entity’s post-transaction equity and unvested/remaining award position in Prenetics Global.
What is the expiration date of the Prenetics (PRE) RSUs referenced in the Form 4?
The RSU award referenced in the filing carries an expiration date of May 18, 2032. While 15,873 RSUs vested and converted into shares, 6,406 RSUs remain outstanding under the same award until they vest or expire under plan terms.