[SCHEDULE 13D] SAGTEC GLOBAL LIMITED Ordinary shares SEC Filing

Rhea-AI Filing Summary

The Form 4 filing reports that John Jo Murphy, Claims President of Progressive Corp (PGR), acquired 6.071 restricted stock units (RSUs) on 07/11/2025 through the automatic reinvestment of dividend equivalents. Each RSU represents the right to receive one common share when vested, and these new units will vest concurrently with the underlying awards to which they relate. Following the transaction, Murphy now directly holds 14,989.783 RSUs. The filing uses transaction code “A,” confirming an acquisition at a stated price of $0, indicating no open-market purchase or cash consideration.

Insights

Securities Analyst

TL;DR: Minor RSU dividend reinvestment; negligible share count—routine insider activity with no material impact on Progressive’s valuation.

The reported 6.071 RSUs represent a fraction of Progressive’s total shares outstanding and were acquired automatically via dividend reinvestment, a common administrative event. While insider acquisitions can signal confidence, the scale here is immaterial for valuation or liquidity assessments. Murphy’s aggregate RSU balance of 14,989.783 remains insignificant relative to executive and institutional holdings, and no cash outlay occurred. As such, investors should view this as a routine housekeeping disclosure rather than a market-moving event.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

SAGTEC GLOBAL LIMITED

(Name of Issuer)

Ordinary Shares

(Title of Class of Securities)

G32212105

(CUSIP Number)

Ng Chen Lok
No 43-2,, Jalan Besar Kepong,
Pekan Kepong, N8, 52100
603-3310 0089

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

03/11/2025

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No. G32212105

1

Name of reporting person

Ng Chen Lok

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

PF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

MALAYSIA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 8,537,600.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 8,537,600.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

8,537,600.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

68.03 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

(1) Consists of 8,537,600 ordinary shares, no par value of Sagtec Global Limited (the "Issuer") (the "Ordinary Shares") held indirectly by Ng Chen Lok. The aforementioned Ordinary Shares were issued in exchange for capital contributions to the Issuer. (2) Based on 12,550,000 Ordinary Shares issued and outstanding as of the date hereof.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Ordinary Shares
(b)	Name of Issuer: SAGTEC GLOBAL LIMITED
(c)	Address of Issuer's Principal Executive Offices: No 43-2,, Jalan Besar Kepong,, Pekan Kepong, MALAYSIA , 52100.
Item 2.	Identity and Background
(a)	Ng Chen Lok
(b)	No 43-2, Jalan Besar Kepong, Pekan Kepong, 52100 Kuala Lumpur, Malaysia
(c)	The Reporting Person is the Chief Executive Officer, Chairman of the Board and Director of the Issuer. The address of the Issuer is No 43-2, Jalan Besar Kepong, Pekan Kepong, 52100 Kuala Lumpur, Malaysia.
(d)	No
(e)	No
(f)	Malaysia
Item 3.	Source and Amount of Funds or Other Consideration
	PF; Ng Chen Lok has acquired all of the Ordinary Shares beneficially owned by him in exchange for capital contributions to the Issuer.
Item 4.	Purpose of Transaction
	Ng Chen Lok has acquired all of the Ordinary Shares beneficially owned by him in exchange for capital contributions to the Issuer. The Reporting Person serves as Chief Executive Officer, Chairman of the Board and Director of the Issuer and, as a result, may be asked to vote on or discuss matters related to items (a) through (j) of this Item 4 of Schedule 13D with representatives of the Issuer and others. Except as may be set forth herein, the Reporting Person has no current intention, plan or proposal with respect to items (a) through (j) of Item 4 of Schedule 13D.
Item 5.	Interest in Securities of the Issuer
(a)	Based on the disclosure in this statement and the foregoing, the aggregate number and percentage of Ordinary Shares of the Issuer owned by the Reporting Person is 8,537,600, constituting 68.03% of Ordinary Shares issued and outstanding as of the date hereof.
(b)	The Reporting Person has sole voting and dispositive power over 8,537,600 Ordinary Shares.
(c)	The Reporting Person has not engaged in any purchases or sales of the Issuer's securities during the 60 days prior to the filing of this Schedule 13D. The shares reported herein were acquired prior to the Issuer's initial public offering, which was closed on March 11, 2025, and no additional shares were acquired in connection with the offering. The filing of this Schedule 13D was triggered by the effectiveness of the Issuer's registration statement and the resulting availability of public information regarding the total outstanding shares, which allowed the Reporting Person to determine that its beneficial ownership exceeded 5%.
(d)	None
(e)	N/A
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	The Reporting Person has no contracts, arrangements, understandings, or relationships with respect to the Issuer's securities requiring disclosure under this Item 6.
Item 7.	Material to be Filed as Exhibits.
	Except as set forth herein, there are no material agreements, contracts, arrangements, or understandings that require filing as exhibits under this Item 7.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Ng Chen Lok

Signature:	/s/ Ng Chen Lok
Name/Title:	Ng Chen Lok / Chief Executive Officer, Chairman of the Board and Director of Sagtec Global Limited
Date:	07/15/2025

FAQ

What type of security did Progressive (PGR) insider John Jo Murphy acquire?

6.071 restricted stock units (RSUs) were acquired on 07/11/2025.

How many RSUs does John Jo Murphy own after the Form 4 transaction?

He now directly holds 14,989.783 RSUs.

What transaction code appears in the July 2025 Form 4 for PGR?

The filing lists transaction code “A” for acquisition.

Did the RSU acquisition involve an open-market purchase?

No. The RSUs were obtained via dividend reinvestment at a stated price of $0.

When will the newly acquired RSUs vest?

They will vest at the same time as the underlying RSU awards to which they relate.

Is the reported ownership direct or indirect?

The filing shows direct (D) ownership for all RSUs.