Eastern International (ELOG) CEO awarded 180,000 Ordinary Shares as equity compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wong Albert reported acquisition or exercise transactions in this Form 4 filing.
Eastern International Ltd. reported that Chief Executive Officer Albert Wong received a grant of 180,000 Ordinary Shares as equity compensation. The shares were awarded at no cash cost per share and bring his directly held stake reported in this filing to 180,000 shares. The grant was approved by the Compensation Committee under the Eastern International Ltd. 2025 Omnibus Equity Plan, reflecting stock-based compensation rather than an open‑market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wong Albert
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 180,000 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 180,000 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 180,000 shares
Grant price per share: $0.0000 per share
Shares held after grant: 180,000 shares
3 metrics
Shares granted
180,000 shares
Ordinary Shares granted to CEO as equity award
Grant price per share
$0.0000 per share
Reported transaction price for the equity grant
Shares held after grant
180,000 shares
Directly owned Ordinary Shares following this transaction
Key Terms
Omnibus Equity Plan, Ordinary Shares, grant, award, or other acquisition
3 terms
Omnibus Equity Plan financial
"granted by the Compensation Committee of the Board under the Eastern International Ltd. 2025 Omnibus Equity Plan"
An omnibus equity plan is a single company program that authorizes issuing various types of stock-based pay—such as options, restricted shares, and performance awards—to employees, officers and directors. It matters to investors because it shows how a company motivates and retains key people and also indicates the potential for share dilution; think of it as a common wallet the company can draw from to reward staff, which affects ownership and future earnings per share.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Eastern International (ELOG) CEO Albert Wong report in this Form 4?
Albert Wong reported receiving 180,000 Ordinary Shares of Eastern International Ltd. as an equity grant. The award was approved by the Board’s Compensation Committee under the 2025 Omnibus Equity Plan and represents stock-based compensation, not an open-market share purchase.