YHC Form 4: Director Lijun Chen Converts 179 RSUs on 09/30/2025
Rhea-AI Filing Summary
Lijun Chen, a director of LQR House Inc., converted 179 restricted stock units into 179 shares of common stock on 09/30/2025 at a reported price of $0. After the transaction, Mr. Chen beneficially owned 537 shares directly according to the non‑derivative table and 892 shares following the derivative reporting line, figures presented "as adjusted" for a 1‑for‑35 reverse stock split the issuer effected on April 21, 2025. The Form 4 is signed and dated 10/02/2025. The filing records conversion of units granted on 12/19/2024 and contains no purchase price paid by the reporting person.
Positive
- 179 restricted stock units were converted to common stock, increasing direct holdings
- Conversion reported at $0, indicating award vesting rather than a purchased transaction
Negative
- Filing does not disclose any sale or reduction of holdings; no liquidity event recorded
Insights
Director converted RSUs into 179 shares on 09/30/2025; holdings shown post‑split.
The Form 4 documents a routine equity award conversion: 179 restricted stock units granted on 12/19/2024 were converted into 179 common shares on 09/30/2025. The record explicitly notes adjustments for a 1‑for‑35 reverse split effected on 04/21/2025, which affects reported share counts.
The filing shows the reporting person holds 537 shares directly after the non‑derivative transaction and 892 shares when derivative/underlying amounts are combined as reported. No cash purchase is recorded ($0 price). This is a disclosure of insider ownership change rather than a market transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 179 | $0.00 | -- |
| Exercise | Common Stock | 179 | $0.00 | -- |
Footnotes (1)
- Represents conversion of 179 restricted stock units (as adjusted for 1-for-35 reverse stock split effected by the Issuer on April 21, 2025) granted to Mr. Chen on December 19, 2024 into 179 shares of common stock of the Issuer on September 30, 2025. N/A As adjusted for 1-for-35 reverse stock split effected by the Issuer on April 21, 2025.