SAGTEC Global (SAGT) CEO purchases 300,000 shares at $0.7700, boosting stake
Rhea-AI Filing Summary
SAGTEC GLOBAL Ltd Chief Executive Officer, director and 10% owner Ng Chen Lok purchased 300,000 Class A Ordinary Shares on July 31, 2026 at $0.7700 per share in an open market or private transaction. After this buy, his direct holdings rose to 8,752,600 shares, and the transaction was not made under a Rule 10b5-1 trading plan.
Positive
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Negative
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Insights
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Insider Trade Summary
Net Buyer: 300,000 shares
Net Buy
1 txn
Insider
Ng Chen Lok
Role
Chief Executive Officer
Bought
300,000 shs ($231K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Ordinary Shares | 300,000 | $0.77 | $231K |
Holdings After Transaction:
Class A Ordinary Shares — 8,752,600 shares (Direct)
Key Figures
Shares purchased: 300,000 Class A Ordinary Shares
Purchase price per share: $0.7700 per share
Post-transaction holdings: 8,752,600 shares
+1 more
4 metrics
Shares purchased
300,000 Class A Ordinary Shares
Non-derivative purchase on 2026-07-31
Purchase price per share
$0.7700 per share
Price paid for Class A Ordinary Shares on 2026-07-31
Post-transaction holdings
8,752,600 shares
Total direct ownership after the reported purchase
Net buy shares reported
300,000 shares
transactionSummary netBuySellShares for this Form 4
Key Terms
Class A Ordinary Shares, Rule 10b5-1, open market or private transaction
3 terms
Rule 10b5-1 regulatory
"aff_10b5_one indicates status of any Rule 10b5-1 trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open market or private transaction financial
"transaction_code_description states "Purchase in open market or private transaction""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
When did the SAGTEC Global (SAGT) insider purchase take place?
The insider purchase by SAGTEC GLOBAL Ltd (SAGT) CEO Ng Chen Lok occurred on July 31, 2026. This date is the official transaction date for the 300,000 Class A Ordinary Shares bought at $0.7700 per share.
What are Ng Chen Lok’s SAGTEC Global (SAGT) holdings after the transaction?
Following the July 31, 2026 purchase, Ng Chen Lok directly holds 8,752,600 Class A Ordinary Shares of SAGTEC GLOBAL Ltd (SAGT). This figure reflects his total direct ownership after acquiring 300,000 additional shares.
Was the SAGTEC Global (SAGT) CEO trade under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox was not selected, meaning this CEO trade was not reported as being made under a pre-arranged Rule 10b5-1 trading plan.
Is the SAGTEC Global (SAGT) CEO considered a 10% owner in this filing?
Yes. The Form 4 identifies CEO Ng Chen Lok as a director, officer (Chief Executive Officer), and a 10% owner of SAGTEC GLOBAL Ltd, in addition to detailing his latest share purchase.