Prenetics (PRE) CFO details 487,462 shares and RSU-based equity stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Prenetics Global Ltd Chief Financial Officer Hoi Chun Lo reported his initial equity holdings. He directly owns 487,462 Class A Ordinary Shares and two groups of Restricted Stock Units that can convert into 15,272 and 32,736 Class A Ordinary Shares at nominal exercise prices, with vesting in 2026 and expirations in 2030 and 2032.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Lo Hoi Chun
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Class A Ordinary Share, par value $0.0015 per share | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 15,272 shares (Direct);
Class A Ordinary Share, par value $0.0015 per share — 487,462 shares (Direct)
Footnotes (1)
- Each of the 15,272 Restricted Stock Units ("RSUs"), granted under the Issuer's 2022 Share Incentive Plan, represents the contingent right to receive one Class A Ordinary Share. The RSUs vest in accordance with the following schedule, subject to continued service: March 19, 2026: 7,636 (7,636 Class A Ordinary Shares); April 19, 2026: 7,636 (7,636 Class A Ordinary Shares). Hoi Chun Lo's vested RSUs are not automatically settled upon vesting. Settlement and delivery of Class A Ordinary Shares in respect of vested RSUs occurs at Hoi Chun Lo's election, in accordance with the Issuer's insider trading policy. Each of the 491,029 RSUs, granted under the Issuer's 2022 Share Incentive Plan, originally represented the contingent right to receive one Class A Ordinary Share. Following the Issuer's 1-for-15 reverse stock split effected on November 14, 2023, the 491,029 RSUs now represent the contingent right to receive an aggregate of 32,736 Class A Ordinary Shares. The RSUs vest in accordance with the following schedule, subject to continued service: January 23, 2026: 80,914 (5,394 Shares); February 23, 2026: 80,914 (5,394 Shares); March 23, 2026: 80,915 (5,395 Shares); April 23, 2026: 80,914 (5,394 Shares); May 23, 2026: 80,914 (5,394 Shares); June 23, 2026: 86,458 (5,765 Shares). Hoi Chun Lo's vested RSUs are not automatically settled upon vesting. Settlement and delivery of Class A Ordinary Shares in respect of vested RSUs occurs at Hoi Chun Lo's election, in accordance with the Issuer's insider trading policy. To be paid per Class A Ordinary Share received.
FAQ
What equity holdings did Prenetics (PRE) CFO Hoi Chun Lo report on this Form 3?
Hoi Chun Lo reported direct ownership of 487,462 Class A Ordinary Shares of Prenetics Global Ltd, plus Restricted Stock Units that can convert into an additional 48,008 Class A Ordinary Shares, subject to vesting conditions and nominal exercise prices disclosed in the filing.
When do Hoi Chun Lo’s Prenetics (PRE) RSUs vest according to the filing?
The RSUs vest in multiple tranches during 2026, including dates such as January 23, 2026 through June 23, 2026, plus separate tranches on March 19, 2026 and April 19, 2026, all conditioned on continued service with Prenetics Global Ltd.
How are Hoi Chun Lo’s vested RSUs in Prenetics (PRE) settled?
The filing states vested RSUs are not automatically settled upon vesting. Settlement and delivery of Class A Ordinary Shares occur at Hoi Chun Lo’s election, in line with Prenetics Global Ltd’s insider trading policy, providing flexibility on when shares are actually received.
Did the Prenetics (PRE) reverse stock split affect Hoi Chun Lo’s RSUs?
Yes. RSUs originally covering 491,029 units now represent the right to receive 32,736 Class A Ordinary Shares after a 1-for-15 reverse stock split effected on November 14, 2023, while maintaining the overall economic value of his equity award.