Sagtec Global Limited Equity Compensation

2026-06-12SEC Filing 6-K (0001213900-26-068267)

Sagtec Global Limited announced the issuance of restricted Class A ordinary shares to key executives as supplemental equity compensation for the 2026 financial year. The grants were approved by the Compensation Committee and the Board of Directors on May 15, 2026. Ng Chen Lok, CEO, received 415,000 shares valued at approximately $387,609. Zuria Hajar binti Mohd Adnan, CFO, received 15,000 shares valued at approximately $14,001. Tan Kim Chuan, CTO, received 50,000 shares valued at approximately $46,700. The fair value per share was determined to be $0.934 based on the closing market price on May 15, 2026. These shares are subject to a six-month restriction period and vest on the grant date, contingent upon continued service. Following this issuance, the company has 19,050,000 Class A ordinary shares outstanding. Supplemental equity compensation agreements were entered into on May 1, 2026, with grant dates of May 15, 2026. The company will account for these as equity-settled share-based compensation.

Ticker mentioned:SAGT