SAGTEC Global (SAGT) CEO Ng Chen Lok awarded 415,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ng Chen Lok reported acquisition or exercise transactions in this Form 4 filing.
SAGTEC GLOBAL Ltd director and Chief Executive Officer Ng Chen Lok reported receiving a grant of 415,000 Class A Ordinary Shares on May 15, 2026. The shares were valued at $0.934 per share for reporting purposes and are classified as non-derivative equity compensation. Following this award, Ng Chen Lok directly holds 6,952,600 Class A Ordinary Shares, highlighting a substantial ongoing equity stake aligned with the company’s performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ng Chen Lok
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 415,000 | $0.934 | $388K |
Holdings After Transaction:
Class A Ordinary Shares — 6,952,600 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 415,000 shares
Reported price per share: $0.934 per share
Total shares after transaction: 6,952,600 shares
+1 more
4 metrics
Shares granted
415,000 shares
Class A Ordinary Shares grant on May 15, 2026
Reported price per share
$0.934 per share
Valuation used for the May 15, 2026 grant
Total shares after transaction
6,952,600 shares
CEO direct holdings following the grant
Transaction code
A
Grant, award, or other acquisition of non-derivative shares
Key Terms
Class A Ordinary Shares, non-derivative, Grant, award, or other acquisition, ten percent owner
4 terms
non-derivative financial
"transaction_type: "non-derivative""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
ten percent owner financial
"is_ten_percent_owner: 1"
FAQ
What insider transaction did SAGT CEO Ng Chen Lok report?
Ng Chen Lok reported receiving a grant of 415,000 Class A Ordinary Shares of SAGTEC GLOBAL Ltd. This was recorded as a non-derivative equity award, reflecting compensation rather than an open-market stock purchase.
Was the SAGT CEO’s May 2026 transaction a purchase or a grant?
The May 15, 2026 transaction for SAGTEC GLOBAL Ltd was a grant, award, or other acquisition of shares, coded as “A” on Form 4. It represents equity compensation, not an open-market purchase or sale.
Is the SAGT CEO’s Form 4 transaction considered derivative or non-derivative?
The Form 4 reports a non-derivative transaction in Class A Ordinary Shares. This means the CEO received actual shares directly, rather than exercising options or other derivative securities in this filing.