[6-K] Taoping Inc. BVI Current Report (Foreign Issuer)

Rhea-AI Filing Summary

Taoping Inc. (TAOP) filed a Form 6-K announcing that on 8 July 2025 its board granted a total of 266,666 ordinary shares as restricted-stock compensation under the 2024 Equity Incentive Plan (registered on Form S-8 No. 333-283697). The awards vested immediately, meaning the entire cost will be recognized in the current period and the shares are now free-trading, modestly increasing the company’s outstanding share count.

Key allocations: CEO & Chairman Jianghuai Lin received 133,332 shares; President Zhiqiang Zhao, COO Zhixiong Huang and CFO Iris Yan each received 36,000; other executives and non-executive directors received between 1,012 and 13,630 shares. No financial performance metrics, cash impact, or other corporate developments were disclosed in this filing.

Positive

• None.

Negative

• Immediate vesting of 266,666 shares causes instant dilution and offers limited performance or retention alignment for executives.

Insights

Financial Analyst

TL;DR: Minor dilution from 266k share grant; no earnings data, overall neutral impact.

The grant represents a small percentage of Taoping’s likely outstanding shares, so economic dilution should be modest. Because all shares vest immediately, GAAP compensation expense will hit the current quarter, slightly depressing near-term earnings. Absent revenue, profit or cash-flow data, the filing has limited valuation impact and is best viewed as routine equity compensation disclosure.

Corporate Governance Expert

TL;DR: Immediate vesting weakens performance alignment; governance impact modest.

While equity awards are common, best practices favour multi-year vesting to align management with shareholder value creation. Immediate vesting eliminates retention hooks and performance linkage. However, the absolute share count is small and the plan was previously shareholder-approved, so governance risk is contained.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of July 2025

 

Commission File Number 001-35722

 

TAOPING INC.

(Translation of registrant’s name into English)

 

21^st Floor, Everbright Bank Building
Zhuzilin, Futian District
Shenzhen, Guangdong, 518040
People’s Republic of China

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

On July 8, 2025, the board of directors of Taoping Inc. (the “Company”) granted restricted shares in an aggregate amount of 266,666 ordinary shares, no par value (the “Restricted Shares”) to certain of its directors, executive officers and employees as compensations for their services. The following shares were granted to the executive officers and directors of the Company:

 

 	●	Jianghuai Lin, Chief Executive Officer and Chairman, was granted 133,332 shares;
 	 	 
 	●	Zhiqiang Zhao, President and director, was granted 36,000 shares;
 	 	 
 	●	Zhixiong Huang, Chief Operating Officer, was granted 36,000 shares;
 	 	 
 	●	Iris Yan, Chief Financial Officer, was granted 36,000 shares;
 	 	 
 	●	Huan Li, Chief Marketing Officer, was granted 13,630 shares;
 	 	 
 	●	Guangzeng Chen, Chief Technology Officer, was granted 2,000 shares;
 	 	 
 	●	Ping Cai, director, was granted 1,012 shares;
 	 	 
 	●	Yong Jiang, director, was granted 1,012 shares;
 	 	 
 	●	Remington C.H. Hu, director, was granted 1,012 shares.

 

All of the Restricted Shares vested immediately on the grant date. The Restricted Shares were granted under the Company’s 2024 Equity Incentive Plan, which have been registered by a registration statement on Form S-8 (File No. 333-283697).

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: July 9, 2025	TAOPING INC.
 	 	 
 	By:	/s/ Jianghuai Lin
 	 	Jianghuai Lin
 	 	Chief Executive Officer

 

 

FAQ

How many restricted shares did Taoping (TAOP) grant in July 2025?

The board granted 266,666 ordinary shares on 8 July 2025.

Which Taoping executive received the largest stock award?

CEO & Chairman Jianghuai Lin received 133,332 shares.

Do the granted shares under TAOP's 2024 Equity Incentive Plan have a vesting schedule?

No. All shares vested immediately on the grant date.

Under which filing was Taoping's equity grant disclosed?

It was disclosed in a Form 6-K filed with the SEC.

Will the grant affect Taoping’s share count?

Yes. The issuance increases the outstanding shares by 266,666, creating modest dilution.