other material
confidence high
sentiment neutral
materiality 0.30
Addentax awards 1,000,000 shares to COO, 183,335 to CEO; fully vested, adjusted for reverse split
ADDENTAX GROUP CORP.
- COO Wu Rui awarded 1,000,000 shares; CEO Hong Zhida awarded 183,335 shares, both fully vested on grant date April 8, 2026.
- Shares will be proportionately adjusted for the 1-for-15 reverse stock split effective March 30, 2026.
- Awards granted under the 2024 Equity Incentive Plan; no performance conditions; Compensation Committee approved on March 24, 2026.