XCHG Ltd (XCH) CFO gains 1M shares via RSU vesting
Rhea-AI Filing Summary
XCHG Ltd chief financial officer Joel Adalberto Gallo had 1,000,000 Restricted Stock Units vest on August 4, 2026, converting into 1,000,000 Class A Ordinary Shares.
Following this vesting, he directly holds 1,000,000 Class A Ordinary Shares and 3,000,000 additional RSUs that are scheduled to vest in three equal annual installments beginning August 4, 2027, subject to continued service to XCHG Ltd.
Each RSU represents the right to receive one Class A Ordinary Share, cash equal to one share, or American Depositary Shares, each representing 40 Class A Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000,000 shares
Net Buy
2 txns
Insider
Gallo Joel Adalberto
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1 | 1,000,000 | -- | -- |
| Exercise | Class A Ordinary Shares F1 | 1,000,000 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 3,000,000 shares (Direct);
Class A Ordinary Shares — 1,000,000 shares (Direct)
Footnotes (1)
- F1. Represents the vesting of Restricted Stock Units ("RSUs") on August 4, 2026. The reporting person holds 3,000,000 additional RSUs that will vest in three equal annual installments beginning on August 4, 2027, 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.
Key Figures
RSUs vested: 1,000,000 Restricted Stock Units
Shares acquired: 1,000,000 Class A Ordinary Shares
Unvested RSUs remaining: 3,000,000 Restricted Stock Units
+1 more
4 metrics
RSUs vested
1,000,000 Restricted Stock Units
Vested on August 4, 2026 for CFO Joel Adalberto Gallo
Shares acquired
1,000,000 Class A Ordinary Shares
Received upon RSU vesting on August 4, 2026
Unvested RSUs remaining
3,000,000 Restricted Stock Units
Scheduled to vest in three equal annual installments beginning August 4, 2027
ADS to share ratio
40 Class A Ordinary Shares per American Depositary Share
Each American Depositary Share represents 40 Class A Ordinary Shares
Key Terms
Restricted Stock Units, Class A Ordinary Shares, American Depositary Shares
3 terms
Restricted Stock Units financial
"Represents the vesting of Restricted Stock Units ("RSUs") on August 4, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity event did XCH (XCHG Ltd) report for its CFO?
XCHG Ltd reported that its chief financial officer, Joel Adalberto Gallo, had 1,000,000 Restricted Stock Units vest on August 4, 2026, converting into 1,000,000 Class A Ordinary Shares. This reflects equity compensation vesting rather than any open-market purchase or sale.
How many RSUs does XCH CFO Joel Adalberto Gallo still hold after this transaction?
After the August 4, 2026 vesting, Joel Adalberto Gallo holds 3,000,000 additional Restricted Stock Units. These remaining RSUs are scheduled to vest in three equal annual installments beginning on August 4, 2027, and are subject to his continued service to XCHG Ltd.
When will the remaining RSUs reported by XCH for its CFO vest?
The remaining 3,000,000 RSUs held by XCH’s CFO are scheduled to vest in three equal annual installments beginning on August 4, 2027. Each installment is conditioned on his continued service to the company at the relevant vesting dates.
What does each XCH Restricted Stock Unit entitle the holder to receive?
Each XCH Restricted Stock Unit represents a contingent right to receive one Class A Ordinary Share after vesting, or the cash equivalent of one share. Alternatively, RSUs may be settled in American Depositary Shares, each representing 40 Class A Ordinary Shares.
Were the XCH insider transactions made under a Rule 10b5-1 trading plan?
The transactions are not identified as being made pursuant to a Rule 10b5-1 trading plan. The Rule 10b5-1 checkbox for these reported transactions is not marked as affirming execution under such a pre-arranged trading plan.