Ryde Group (RYDE) CEO shifts 3.5M Class B shares to holding firm
Rhea-AI Filing Summary
Zou Junming Terence reported acquisition or exercise transactions in this Form 4 filing.
Ryde Group Ltd reported that Chairman and CEO Zou Junming Terence received a grant of 3,500,000 Class B Ordinary Shares at no cost after meeting performance-based milestones described in a prior Form 6-K. On the same date, he transferred these Class B shares to ABJZ Holding Ltd, a company he wholly owns, for estate planning and holding purposes. The transfer is described as a change in the form of ownership that does not affect his economic interest in the shares. Following these transactions, Zou’s Class B holdings are reported as held indirectly through ABJZ Holding Ltd, with total share ownership stated as 16,177,175 shares after the transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,500,000 shares
Net Buy
3 txns
Insider
Zou Junming Terence
Role
Chairman of the Board and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Ordinary Shares | 3,500,000 | $0.00 | $0.00 |
| Other | Class B Ordinary Shares | 3,500,000 | $0.00 | $0.00 |
| Other | Class B Ordinary Shares | 3,500,000 | $0.00 | $0.00 |
Holdings After Transaction:
Class B Ordinary Shares — 16,177,175 shares (Direct);
Class B Ordinary Shares — 16,177,175 shares (Indirect, By ABJZ Holding Ltd, which is wholly owned by the Reporting Person.)
Footnotes (2)
- F1. The Class B Ordinary Shares were issued by the issuer to the Reporting Person upon satisfaction of performance-based milestones, as described in the Issuer's Form 6-K furnished on April 7, 2026.
- F2. On April 7, 2026, the Reporting Person transferred the Class B Ordinary Shares to ABJZ Holding Ltd, a company wholly owned by the Reporting Person, for estate planning and holding purposes. This transaction represents only a change in the form of ownership and does not affect the Reporting Person's pecuniary interest in the securities. Following the reported transactions, the Reporting Person does not hold any Class B Ordinary Shares directly, and all such shares are held indirectly through ABJZ Holding Ltd.
Key Figures
Class B shares granted: 3,500,000 shares
Restructuring transfers: 7,000,000 shares
Total shares following transaction: 16,177,175 shares
+1 more
4 metrics
Class B shares granted
3,500,000 shares
Performance-based grant to CEO on April 7, 2026
Restructuring transfers
7,000,000 shares
Two J-code transactions related to ownership restructuring
Total shares following transaction
16,177,175 shares
Beneficial ownership after reported transactions
Price per share for grant
$0.00 per share
Class B grant to CEO upon milestone satisfaction
Key Terms
Class B Ordinary Shares, performance-based milestones, Form 6-K, estate planning, +1 more
5 terms
performance-based milestones financial
"issued by the issuer to the Reporting Person upon satisfaction of performance-based milestones"
Form 6-K regulatory
"as described in the Issuer's Form 6-K furnished on April 7, 2026"
A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.
estate planning financial
"transferred the Class B Ordinary Shares to ABJZ Holding Ltd ... for estate planning and holding purposes"
A set of instructions and legal steps that decide who gets your money, property and other assets, and who will manage them if you become unable to do so. For investors it matters because thoughtful planning can reduce taxes and delays, protect heirs, and keep investments from being tied up in court—think of it as a clear map and emergency kit that preserves value and directs where assets go when you can’t.
pecuniary interest financial
"does not affect the Reporting Person's pecuniary interest in the securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Ryde Group (RYDE) disclose for its CEO?
Ryde Group disclosed that CEO Zou Junming Terence received a grant of 3,500,000 Class B Ordinary Shares after meeting performance-based milestones, then transferred those shares to his wholly owned ABJZ Holding Ltd for estate planning, changing only the form of ownership.