FUTU Securities (SOGP) files Form 144 for 10,000 ADS (NASDAQ: SOGP)

Rhea-AI Filing Summary

FUTU Securities International (Hong Kong) Limited submitted a Form 144 notice related to proposed sales of American Depositary Shares (ADS), each representing two hundred Class A ordinary shares. The filing lists 10,000 ADS and includes dates 01/04/2024 and 04/02/2026, with references to cashless vesting of restricted share units under the issuer share incentive plan.

Key Figures

ADS ratio: 1 ADS = 200 Class A ordinary shares ADS listed: 10,000 ADS Numeric value: 168800.00 +3 more

6 metrics

ADS ratio 1 ADS = 200 Class A ordinary shares stated in the filing header

ADS listed 10,000 ADS appears under 'Securities To Be Sold' / filing lines

Numeric value 168800.00 appears in the filing excerpt (label not provided)

Filing date reference 04/02/2026 appears in the issuer/securities information lines

Vesting date 01/04/2024 associated with vesting of restricted share units

Quantity shown 10,933 appears in the vesting/transaction lines (10933)

Key Terms

ADS, Restricted Share Units, Cashless Vesting, Issuer Share Incentive Plan

4 terms

ADS market

"ADS EACH REPRESENTING TWO HUNDRED CLASS A ORDINARY SHARES"

Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.

Restricted Share Units financial

"VESTING OF RESTRICTED SHARE UNITS GRANTED UNDER THE ISSUER SHARE INCENTIVE PLAN"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

Cashless Vesting financial

"CASHLESS VESTING OF RESTRICTED SHARE UNITS"

Issuer Share Incentive Plan regulatory

"GRANTED UNDER THE ISSUER SHARE INCENTIVE PLAN"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
ADS EACH REPRESENTING TWO HUNDRED CLASS A ORDINARY SHARES	FUTU SECURITIES INTERNATIONAL (HONG KONG) LIMITED 34/F UNITED CENTRE 95 QUEENSWAY ADMIRALTY K3 00000	10000	168800.00	14799	04/02/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
ADS EACH REPRESENTING TWO HUNDRED CLASS A ORDINARY SHARES	01/04/2024	VESTING OF RESTRICTED SHARE UNITS GRANTED UNDER THE ISSUER SHARE INCENTIVE PLAN	ISSUER			10933	01/04/2024	CASHLESS VESTING OF RESTRICTED SHARE UNITS

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does SOGP's Form 144 disclose about the securities?

The Form 144 lists American Depositary Shares (ADS), each representing 200 Class A ordinary shares. It shows a line item of 10,000 ADS and mentions restricted share unit vesting related to the issuer share incentive plan.

Does the filing show the method of vesting for the restricted shares for SOGP?

Yes. The filing explicitly states a cashless vesting of restricted share units under the issuer share incentive plan, with a reference date of 01/04/2024 tied to the vesting event.

Are any trading venues or listing details included in the Form 144 for SOGP?

The filing references NASDAQ and includes date information such as 04/02/2026. It identifies FUTU Securities International (Hong Kong) Limited as the issuer associated with the ADS.

How many ADS are listed on the filing and what is the ADS ratio?

The Form 144 lists 10,000 ADS and states each ADS represents two hundred Class A ordinary shares. Those two figures are shown directly in the filing excerpt.

Does the Form 144 show cash amounts or values related to the sale?

The excerpt includes a numeric value of 168800.00 in the filing lines, but the document does not explicitly label that number within the provided excerpt as proceeds or price.