Prenetics Global (PRE) director exercises and settles RSUs into shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Prenetics Global Ltd director David Vanderveen exercised equity awards and received additional shares as part of his departure from the board. On June 15, 2026, 6,944 Class A Ordinary Shares were issued and delivered upon settlement of vested Restricted Stock Units granted under the company’s 2022 Share Incentive Plan.
Each RSU represents a right to receive one Class A Ordinary Share, and a derivative entry in the filing shows 8,681 RSUs tied to the same underlying shares. Any remaining unvested RSUs were forfeited in connection with Vanderveen’s termination of service as director. Following these settlements, he directly holds 45,249 Class A Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,681 shares exercised/converted
Mixed
2 txns
Insider
VANDERVEEN DAVID
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 8,681 | $0.00 | -- |
| Exercise | Class A Ordinary Share, par value $0.0015 per share | 6,944 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Class A Ordinary Share, par value $0.0015 per share — 45,249 shares (Direct, null)
Footnotes (1)
- Represents 6,944 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. Any unvested RSUs were forfeited in connection with David Vanderveen's termination of services as director of the Issuer. Each RSU, granted under the Issuer's 2022 Share Incentive Plan, represents a contingent right to receive one Class A Ordinary Share. 6,944 RSUs vested and were settled and delivered in shares on June 15, 2026. Any remaining unvested RSUs were forfeited in connection with termination of service.
Key Figures
Shares received: 6,944 Class A Ordinary Shares
RSUs referenced: 8,681 Restricted Stock Units
Post-transaction holdings: 45,249 Class A Ordinary Shares
+1 more
4 metrics
Shares received
6,944 Class A Ordinary Shares
Issued and delivered upon settlement of vested RSUs on June 15, 2026
RSUs referenced
8,681 Restricted Stock Units
Derivative entry tied to Class A Ordinary Shares in the filing
Post-transaction holdings
45,249 Class A Ordinary Shares
Directly held by David Vanderveen after reported transactions
RSU expiration
July 15, 2032
Expiration date on the derivative RSU entry
Key Terms
Restricted Stock Unit, 2022 Share Incentive Plan, Class A Ordinary Share, termination of services as director
4 terms
Restricted Stock Unit financial
"Represents 6,944 Class A Ordinary Shares of the Issuer issued and delivered upon settlement of vested Restricted Stock Units ("RSUs")"
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.
termination of services as director financial
"Any unvested RSUs were forfeited in connection with David Vanderveen's termination of services as director of the Issuer"
FAQ
What insider transaction did Prenetics Global (PRE) director David Vanderveen report?
David Vanderveen reported the settlement of vested Restricted Stock Units into 6,944 Class A Ordinary Shares on June 15, 2026. These RSUs were granted under Prenetics Global’s 2022 Share Incentive Plan and converted into ordinary shares as part of his equity compensation.
What do the Restricted Stock Units in Prenetics Global’s Form 4 represent?
Each Restricted Stock Unit, granted under Prenetics Global’s 2022 Share Incentive Plan, represents a contingent right to receive one Class A Ordinary Share. When RSUs vest, they are settled and delivered in shares, converting equity awards into actual share ownership for the holder.
How many Restricted Stock Units are referenced in David Vanderveen’s Prenetics Global (PRE) filing?
The derivative section references 8,681 Restricted Stock Units tied to Class A Ordinary Shares, while the footnotes state that 6,944 RSUs vested and were settled into shares on June 15, 2026. Any remaining unvested RSUs were forfeited upon his termination of service.
Why were some Prenetics Global (PRE) Restricted Stock Units forfeited in this Form 4?
Any unvested Restricted Stock Units were forfeited in connection with David Vanderveen’s termination of services as a director. Only the 6,944 RSUs that had vested under Prenetics Global’s 2022 Share Incentive Plan were settled and delivered in Class A Ordinary Shares.