CFO of TEN Holdings (XHLD) receives new stock option grant

Rhea-AI Filing Summary

TEN Holdings, Inc. reported that its Chief Financial Officer and Secretary, Virgilio Davincy Torres, received an employee stock option grant. The award covers 21,592 options to buy common stock at an exercise price of $5.40 per share, expiring on June 30, 2035.

The option was granted in connection with his appointment as Chief Financial Officer and Director. One third of the underlying shares vest on June 30, 2026, with the remaining shares vesting in equal monthly installments beginning July 30, 2026. Following this grant, he holds 21,592 derivative securities directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Torres Virgilio Davincy

Role CFO and Secretary

Type	Security	Shares	Price	Value
Grant/Award	Employee Stock Option (Right to Buy)	21,592	$0.00	--

Holdings After Transaction: Employee Stock Option (Right to Buy) — 21,592 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Torres Virgilio Davincy

(Last) (First) (Middle)

C/O TEN HOLDINGS, INC.

1170 WHEELER WAY

(Street)

LANGHORNE PENNSYLVANIA 19047

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TEN Holdings, Inc. [ XHLD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO and Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
12/10/2025

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$5.4	06/30/2025		A		21,592		(1)	06/30/2035	Common Stock	21,592	$0	21,592	D

Explanation of Responses:

1. The option reported herein was granted in connection with the Reporting Person's appointment as Chief Financial Officer and Director of the Issuer. The option vests as to one third of the underlying shares on June 30, 2026 and vests as to the remaining underlying shares in equal monthly installments beginning on July 30, 2026.

Remarks:

On December 10, 2025, the Reporting Person filed a Form 4 (the "Original Form 4") which inadvertently contained erroneous figures in Columns 5, 7 and 9 in the transaction disclosed in Table II. The figures in the Original Form 4 were not adjusted and rounded to reflect the 1-for-15 reverse stock split effected by the Issuer on December 1, 2025 (the "Reverse Stock Split"). The figures in Table II of this amendment have been adjusted and rounded to reflect the Reverse Stock Split.

	/s/ Virgilio D. Torres	03/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did TEN Holdings (XHLD) report for Virgilio Davincy Torres?

TEN Holdings reported a stock option grant to CFO and Secretary Virgilio Davincy Torres. He received 21,592 employee stock options to buy common stock at $5.40 per share, expiring June 30, 2035, all held directly as derivative securities after this award.

How many TEN Holdings (XHLD) options were granted to the CFO and at what price?

The CFO received 21,592 employee stock options from TEN Holdings. Each option allows him to buy one share of common stock at an exercise price of $5.40, providing potential future equity exposure if the company’s share price exceeds that level before expiration.

What is the vesting schedule for the TEN Holdings (XHLD) stock options granted to the CFO?

The option grant vests over time. One third of the underlying shares vest on June 30, 2026. The remaining shares vest in equal monthly installments starting July 30, 2026, creating a multi-year incentive tied to continued service with TEN Holdings.

Why were stock options granted to the TEN Holdings (XHLD) CFO and Director?

The stock options were granted in connection with Virgilio Davincy Torres’s appointment as Chief Financial Officer and Director. This aligns his compensation with shareholder interests by tying part of his potential reward to future performance of TEN Holdings’ common stock.

How long do the TEN Holdings (XHLD) CFO’s stock options remain exercisable?

The options granted to the CFO remain exercisable until June 30, 2035. This long-term expiration date gives him a multi-year window to exercise the options once vested, depending on the company’s stock performance and his continued service.

Does the TEN Holdings (XHLD) Form 4/A show any stock sales or purchases by the CFO?

The Form 4/A shows an acquisition of derivative securities through a stock option grant, coded as a grant or award. It does not report any open-market stock purchases or sales, focusing solely on this compensation-related option award to the CFO.