Zhongchao grants CEO 2.5M Class A share award
Yang Weiguang reported acquisition or exercise transactions in this Form 4 filing.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Yang Weiguang reported acquisition or exercise transactions in this Form 4 filing.
Zhongchao Inc. reported that founder and CEO Weiguang Yang, through his holding vehicle More Healthy Holdings Limited, was granted 2,500,000 Class A Ordinary Shares and 200,000 Class B Ordinary Shares as recognition for his strategic and leadership services. Each Class A share carries 1 vote, while each Class B share carries 1,000 votes and is convertible into Class A on a one-for-one basis.
Insider Trade Summary
Grant/Award: 2,700,000 shares
Grant/Award
2 txns
Insider
Yang Weiguang
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares F1, F3, F2 | 2,500,000 | -- | -- |
| Grant/Award | Class B Ordinary Shares F1, F3, F2 | 200,000 | -- | -- |
| Holding | Class A Ordinary Shares F1 | -- | -- | -- |
| Holding | Class B Ordinary Shares F1 | -- | -- | -- |
| Holding | Class B Ordinary Shares F1, F2 | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary Shares — 2,500,740 shares (Indirect, By More Healthy Holdings Limited);
Class B Ordinary Shares — 207,460 shares (Indirect, By More Healthy Holdings Limited);
Class A Ordinary Shares — 740 shares (Direct);
Class B Ordinary Shares — 5,982 shares (Direct)
Holdings Before and After:
Class A Ordinary Shares, 740 to 2,500,740 shares (Indirect, By More Healthy Holdings Limited);
Class B Ordinary Shares, 7,460 to 207,460 shares (Indirect, By More Healthy Holdings Limited)
Footnotes (3)
- F1. Class B Ordinary Shares are convertible into Class A Ordinary Shares at holders' option at any time on a one for one basis. Class A Ordinary Shares are not convertible into Class B Ordinary Shares under any circumstance. Each Class A Ordinary Share entitles to 1 vote and each Class B Ordinary Share entitles to 1,000 votes.
- F2. More Healthy Holdings Limited is a company limited by shares incorporated under the laws of British Virgin Islands ("More Healthy"). The address of its business office is Craigmuir Chambers, Road Town, Tortola, VG 1110, British Virgin Islands. The person having voting, dispositive or investment powers over More Healthy Holdings Limited is Mr. Weiguang Yang.
- F3. On July 21, 2026, Zhongchao Inc. (the "Company") allotted and issued 2,500,000 Class A Ordinary Shares, and 200,000 Class B Ordinary Shares, to More Healthy, a holding vehicle of Mr. Weiguang Yang, the founder, Chief Executive Officer and Chairman of the Board of Directors of the Company. This issuance was in consideration and acknowledgement of Mr. Weiguang Yang's services rendered to the Company in a central role in the Company's strategic direction, long-term vision and stewardship.
Key Figures
Class A shares granted: 2,500,000 Class A Ordinary Shares
Class B shares granted: 200,000 Class B Ordinary Shares
Indirect Class A holdings after grant: 2,500,740 Class A Ordinary Shares
+3 more
6 metrics
Class A shares granted
2,500,000 Class A Ordinary Shares
Allotted and issued to More Healthy Holdings Limited on July 21, 2026
Class B shares granted
200,000 Class B Ordinary Shares
Allotted and issued to More Healthy Holdings Limited on July 21, 2026
Indirect Class A holdings after grant
2,500,740 Class A Ordinary Shares
Indirectly held through More Healthy Holdings Limited following the transaction
Direct Class A holdings
740 Class A Ordinary Shares
Reported as directly held by Mr. Yang as of July 21, 2026
Direct Class B holdings
5,982 Class B Ordinary Shares
Reported as directly held by Mr. Yang as of July 21, 2026
Voting rights per share class
1 vote per Class A; 1,000 votes per Class B
Class B shares also convertible into Class A one-for-one at holder’s option
Key Terms
Class A Ordinary Shares, Class B Ordinary Shares, convertible, dispositive or investment powers, +1 more
5 terms
convertible financial
"Class B Ordinary Shares are convertible into Class A Ordinary Shares at holders' option..."
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
dispositive or investment powers financial
"The person having voting, dispositive or investment powers over More Healthy Holdings Limited..."
holding vehicle financial
"200,000 Class B Ordinary Shares, to More Healthy, a holding vehicle of Mr. Weiguang Yang..."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did Zhongchao Inc. (ZCMD) grant to CEO Weiguang Yang?
Zhongchao Inc. granted CEO Weiguang Yang, via More Healthy Holdings Limited, 2,500,000 Class A and 200,000 Class B Ordinary Shares. The award acknowledges his central role in the company’s strategic direction, long-term vision, and stewardship.
AI-generated analysis. How Rhea-AI works. Not financial advice.
