XCHG CFO reports 4M share RSU holdings
XCHG Ltd’s Chief Financial Officer, Joel Adalberto Gallo, has reported his initial equity holdings with the company.
Rhea-AI Filing Summary
XCHG Ltd’s Chief Financial Officer, Joel Adalberto Gallo, has reported his initial equity holdings with the company. The Form 3 shows he holds Restricted Stock Units that are convertible into 4,000,000 Class A Ordinary Shares. These RSUs vest annually in four equal installments beginning on August 4, 2026, subject to his continued service.
Each RSU represents the right to receive one Class A Ordinary Share, cash equal to its value, or an equivalent number of American Depositary Shares, with each ADS representing 40 Class A Ordinary Shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
Footnotes (1)
- F1. The Restricted Stock Units ("RSUs") will vest in annually in four equal installments beginning on August 4, 2026, subject to continued service to the Issuer. Each RSU represents the contingent right to receive, following vesting, one Class A Ordinary Share of the Issuer, par value US$0.00001 per share (each, a "Class A Ordinary Share"), or the equivalent value of one Class A Ordinary Share in cash. In lieu of Class A Ordinary Shares, the RSUs may be settled in an equivalent number of American Depositary Shares, each representing 40 Class A Ordinary Shares.
FAQ
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What did XCHG Ltd (XCH) disclose in Joel Gallo’s Form 3?
When do Joel Gallo’s RSUs at XCHG Ltd (XCH) start vesting?
What can XCHG Ltd (XCH) RSUs be settled in for Joel Gallo?
Does Joel Gallo’s Form 3 at XCHG Ltd (XCH) show any stock purchases or sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.