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[6-K] Wang & Lee Group, Inc. Current Report (Foreign Issuer)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K
Rhea-AI Filing Summary

Director Dwight Eric Smith reported an open-market purchase of 1,060 Peoples Bancorp (PEBO) common shares on 07/24/2025 at an average price of $30.2668. The “P” transaction code denotes a purchase, and no derivatives were involved. Following the trade, Smith’s direct ownership increases to 6,999 shares. The Form 4 was signed by attorney-in-fact Jason A. Silcott and filed on 07/28/2025. No dispositions, option exercises, or indirect holdings were disclosed.

Il direttore Dwight Eric Smith ha segnalato un acquisto sul mercato aperto di 1.060 azioni ordinarie di Peoples Bancorp (PEBO) il 24/07/2025 a un prezzo medio di 30,2668 $. Il codice transazione “P” indica un acquisto e non sono stati coinvolti strumenti derivati. Dopo l’operazione, la proprietà diretta di Smith aumenta a 6.999 azioni. Il modulo Form 4 è stato firmato dall’avvocato incaricato Jason A. Silcott e depositato il 28/07/2025. Non sono state dichiarate cessioni, esercizi di opzioni o partecipazioni indirette.

El director Dwight Eric Smith informó una compra en mercado abierto de 1,060 acciones comunes de Peoples Bancorp (PEBO) el 24/07/2025 a un precio promedio de $30.2668. El código de transacción “P” indica una compra y no se involucraron derivados. Tras la operación, la propiedad directa de Smith aumenta a 6,999 acciones. El Formulario 4 fue firmado por el apoderado Jason A. Silcott y presentado el 28/07/2025. No se divulgaron disposiciones, ejercicios de opciones ni participaciones indirectas.

이사 Dwight Eric Smith2025년 7월 24일에 Peoples Bancorp(PEBO) 보통주 1,060주를 평균 가격 $30.2668에 공개 시장에서 매수했다고 보고했습니다. “P” 거래 코드는 매수를 나타내며, 파생상품은 포함되지 않았습니다. 거래 후 Smith의 직접 보유 주식 수는 6,999주로 증가했습니다. Form 4는 법적 대리인 Jason A. Silcott가 서명하여 2025년 7월 28일에 제출되었습니다. 처분, 옵션 행사 또는 간접 보유는 공개되지 않았습니다.

Le directeur Dwight Eric Smith a déclaré un achat sur le marché libre de 1 060 actions ordinaires de Peoples Bancorp (PEBO) le 24/07/2025 au prix moyen de 30,2668 $. Le code de transaction « P » indique un achat, sans implication de produits dérivés. Après cette opération, la détention directe de Smith passe à 6 999 actions. Le formulaire Form 4 a été signé par le mandataire Jason A. Silcott et déposé le 28/07/2025. Aucune cession, exercice d’option ou détention indirecte n’a été divulguée.

Direktor Dwight Eric Smith meldete am 24.07.2025 einen Kauf von 1.060 Stammaktien von Peoples Bancorp (PEBO) zum Durchschnittspreis von 30,2668 $ am offenen Markt. Der Transaktionscode „P“ steht für einen Kauf, und es waren keine Derivate beteiligt. Nach dem Handel erhöht sich Smiths direkter Besitz auf 6.999 Aktien. Das Formular Form 4 wurde vom bevollmächtigten Anwalt Jason A. Silcott unterzeichnet und am 28.07.2025 eingereicht. Es wurden keine Veräußerungen, Optionsausübungen oder indirekten Beteiligungen offengelegt.

Positive
  • Director purchase: 1,060 common shares bought on 07/24/2025 at $30.2668.
  • Increased ownership: Direct holdings rise to 6,999 shares, signalling confidence.
Negative
  • None.

Insights

TL;DR: Director’s open-market buy adds 1,060 shares, a small but positive insider-confidence signal for PEBO.

The filing shows a straightforward cash purchase with no accompanying sales or derivative activity, suggesting a clean vote of confidence in the bank’s valuation around $30.27. While the dollar amount (~$32 k) is modest, increasing direct ownership to 6,999 shares reduces selling overhang concerns and can be interpreted as management alignment with shareholders. Insider buys, even small, often precede above-market returns in regional banks, so the disclosure leans incrementally bullish.

TL;DR: Fresh purchase strengthens director equity stake, enhancing board-shareholder alignment.

Governance best practice favors directors holding meaningful stock positions. Smith’s additional 1,060-share purchase raises his direct stake by roughly 18%, reinforcing commitment to long-term value creation. Absence of complex derivative positions keeps incentives simple and transparent. Overall impact is positive for governance perception, though the absolute share count remains modest.

Il direttore Dwight Eric Smith ha segnalato un acquisto sul mercato aperto di 1.060 azioni ordinarie di Peoples Bancorp (PEBO) il 24/07/2025 a un prezzo medio di 30,2668 $. Il codice transazione “P” indica un acquisto e non sono stati coinvolti strumenti derivati. Dopo l’operazione, la proprietà diretta di Smith aumenta a 6.999 azioni. Il modulo Form 4 è stato firmato dall’avvocato incaricato Jason A. Silcott e depositato il 28/07/2025. Non sono state dichiarate cessioni, esercizi di opzioni o partecipazioni indirette.

El director Dwight Eric Smith informó una compra en mercado abierto de 1,060 acciones comunes de Peoples Bancorp (PEBO) el 24/07/2025 a un precio promedio de $30.2668. El código de transacción “P” indica una compra y no se involucraron derivados. Tras la operación, la propiedad directa de Smith aumenta a 6,999 acciones. El Formulario 4 fue firmado por el apoderado Jason A. Silcott y presentado el 28/07/2025. No se divulgaron disposiciones, ejercicios de opciones ni participaciones indirectas.

이사 Dwight Eric Smith2025년 7월 24일에 Peoples Bancorp(PEBO) 보통주 1,060주를 평균 가격 $30.2668에 공개 시장에서 매수했다고 보고했습니다. “P” 거래 코드는 매수를 나타내며, 파생상품은 포함되지 않았습니다. 거래 후 Smith의 직접 보유 주식 수는 6,999주로 증가했습니다. Form 4는 법적 대리인 Jason A. Silcott가 서명하여 2025년 7월 28일에 제출되었습니다. 처분, 옵션 행사 또는 간접 보유는 공개되지 않았습니다.

Le directeur Dwight Eric Smith a déclaré un achat sur le marché libre de 1 060 actions ordinaires de Peoples Bancorp (PEBO) le 24/07/2025 au prix moyen de 30,2668 $. Le code de transaction « P » indique un achat, sans implication de produits dérivés. Après cette opération, la détention directe de Smith passe à 6 999 actions. Le formulaire Form 4 a été signé par le mandataire Jason A. Silcott et déposé le 28/07/2025. Aucune cession, exercice d’option ou détention indirecte n’a été divulguée.

Direktor Dwight Eric Smith meldete am 24.07.2025 einen Kauf von 1.060 Stammaktien von Peoples Bancorp (PEBO) zum Durchschnittspreis von 30,2668 $ am offenen Markt. Der Transaktionscode „P“ steht für einen Kauf, und es waren keine Derivate beteiligt. Nach dem Handel erhöht sich Smiths direkter Besitz auf 6.999 Aktien. Das Formular Form 4 wurde vom bevollmächtigten Anwalt Jason A. Silcott unterzeichnet und am 28.07.2025 eingereicht. Es wurden keine Veräußerungen, Optionsausübungen oder indirekten Beteiligungen offengelegt.

 

 

 

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 UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July 2025.

 

Commission File Number 001-41681

 

WANG & LEE GROUP, Inc.

(Translation of registrant’s name into English)

 

Mr. Pui Lung Ho, Chief Executive Officer

5-6/F Wing Tai Factory Building,

3 Tai Yip Street,

Kwun Tong,

Kowloon, Hong Kong

Telephone: +852 2889 1313

(Address of principal executive office)

 

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

 

 

 

 

 

 

Information contained in this report

 

On July 28, 2025, the board of directors of WANG & LEE GROUP, Inc., a British Virgin Islands business company (the “Company”), approved a share combination (the “Share Combination”) of the Company’s ordinary shares at a ratio of 250-to-1 so that every 250 ordinary shares of the Company (or part thereof) are combined into one (1) share (with the fractional shares rounding up to the next whole share). As a result of the Share Combination, the par value of the ordinary shares of the Company will still be no par value, and the Company’s issued and outstanding Class A shares will be reduced from 174,679,566 to approximately 698,718. The Company will notify Nasdaq, complete any required legal filings with the Registrar of Corporate Affairs in the British Virgin Islands, and finalize the Share Combination, enabling the trading system on Nasdaq to be updated.

 

2

 

 

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 28, 2025 WANG & LEE GROUP, INC.
     
  By: /s/ Pui Lung Ho
  Name: Pui Lung Ho
  Title: Chief Executive Officer

 

3

 

 

FAQ

How many PEBO shares did Director Dwight Eric Smith buy?

He purchased 1,060 common shares.

What was the purchase price for the shares?

The average price was $30.2668 per share.

What is Smith's total shareholding after the transaction?

He now directly owns 6,999 PEBO shares.

Were any derivative securities involved in this Form 4 filing?

No, the filing reports no derivative securities acquired or disposed.

When was the Form 4 submitted to the SEC?

It was filed on 07/28/2025.

Is the ownership classified as direct or indirect?

The shares are held directly by the reporting person.
WANG & LEE GROUP, Inc.

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