STOCK TITAN

SAGTEC GLOBAL (SAGT) CEO buys 1.5M shares in open-market purchase

(Very High)
(Positive)
Form Type
4

Rhea-AI Filing Summary

SAGTEC GLOBAL Ltd Chief Executive Officer Ng Chen Lok bought 1,500,000 Class A Ordinary Shares in an open-market purchase at $1.04 per share. After this transaction, he directly owns 8,452,600 Class A Ordinary Shares, increasing his already significant insider stake in the company.

Positive

  • None.

Negative

  • None.

Insights

CEO makes a large open-market share purchase, adding to an already sizable stake.

Ng Chen Lok, CEO and a ten percent owner of SAGTEC GLOBAL Ltd, completed an open-market purchase of 1,500,000 Class A Ordinary Shares at $1.04 per share. Open-market buys are discretionary and often reflect management’s willingness to commit personal capital.

Following the transaction, he directly holds 8,452,600 Class A Ordinary Shares. The filing shows no derivative positions, suggesting this move is straightforward equity accumulation rather than an option-related exercise. The scale of the buy relative to his existing holdings makes it a notable signal of insider confidence.

Insider Ng Chen Lok
Role Chief Executive Officer
Bought 1,500,000 shs ($1.56M)
Type Security Shares Price Value
Purchase Class A Ordinary Shares 1,500,000 $1.04 $1.56M
Holdings After Transaction: Class A Ordinary Shares — 8,452,600 shares (Direct)
Shares purchased 1,500,000 shares Class A Ordinary Shares bought in open-market transaction
Purchase price $1.04 per share Price paid for Class A Ordinary Shares
Shares owned after 8,452,600 shares Direct Class A Ordinary Shares following transaction
Net buy shares 1,500,000 shares Net change in holdings from reported Form 4 transactions
open-market purchase financial
"bought 1,500,000 Class A Ordinary Shares in an open-market purchase at $1.04 per share"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Class A Ordinary Shares financial
"bought 1,500,000 Class A Ordinary Shares in an open-market purchase at $1.04 per share"
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
ten percent owner financial
"Ng Chen Lok, CEO and a ten percent owner of SAGTEC GLOBAL Ltd"
Form 4 regulatory
"What did SAGT CEO Ng Chen Lok do in this Form 4 filing?"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What did SAGT CEO Ng Chen Lok do in this Form 4 filing?

Ng Chen Lok, CEO of SAGTEC GLOBAL Ltd, reported buying 1,500,000 Class A Ordinary Shares in an open-market transaction at $1.04 per share. This was a discretionary purchase, increasing his direct ownership position in the company’s stock.

How many SAGT shares does the CEO own after this transaction?

After the reported transaction, CEO Ng Chen Lok directly owns 8,452,600 Class A Ordinary Shares of SAGTEC GLOBAL Ltd. This reflects his increased equity stake following the open-market purchase of 1,500,000 additional shares at $1.04 per share.

What price did SAGTEC GLOBAL CEO pay per share for SAGT stock?

The CEO paid $1.04 per share for 1,500,000 Class A Ordinary Shares in an open-market purchase. This fixed purchase price shows the level at which he was willing to significantly add to his direct SAGTEC GLOBAL equity holdings.

Was the SAGT CEO transaction a buy or a sell of shares?

The transaction was a buy. CEO Ng Chen Lok executed an open-market purchase of 1,500,000 Class A Ordinary Shares at $1.04 per share, increasing rather than reducing his direct ownership to a total of 8,452,600 shares.

Does the SAGT Form 4 include any derivative or option exercises?

The Form 4 shows no derivative or option exercises. It reports only a single non-derivative transaction: an open-market purchase of 1,500,000 Class A Ordinary Shares at $1.04, resulting in direct ownership of 8,452,600 shares for the CEO.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ng Chen Lok

(Last)(First)(Middle)
LOT 6-2, LEVEL 9, EQUATORIAL PLAZA
JALAN SULTAN ISMAIL

(Street)
KUALA LUMPUR50250

(City)(State)(Zip)

MALAYSIA

(Country)
2. Issuer Name and Ticker or Trading Symbol
SAGTEC GLOBAL Ltd [ SAGT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Ordinary Shares06/18/202606/18/2026P1,500,000A$1.048,452,600D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ Ng Chen Lok06/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)