Vesting of awards under the Long Term Incentive Plan Hong Kong, Shanghai & Florham Park, NJ - Wednesday
Wednesday, March 11, 2026 1 min read
Key Takeaway: HUTCHMED (China) Limited has announced the successful vesting of awards under its Long Term Incentive Plan for two executive directors, Dr. Weiguo Su and Mr. Johnny Cheng, on March 10, 2026. The awards, which included a total of 726,317 ordinary shares, were granted on June 5, 2023. This vesting followed the company's announcement of its 2025 annual results on March 5, 2026, and serves to align the interests of the executive team with those of the shareholders.
Market Sentiment Analysis
POSITIVE FACTORS
Successful vesting of a significant number of shares for key executives.
Demonstrates commitment to the Long Term Incentive Plan.
Strengthens leadership alignment with shareholder interests.
Full Press Release Details
Vesting of awards under the Long Term Incentive Plan
Hong Kong, Shanghai & Florham Park, NJ - Wednesday, March 11, 2026: HUTCHMED (China) Limited ("HUTCHMED") (Nasdaq/AIM: HCM; SEHK:13) announces that following the announcement of the 2025 annual results of HUTCHMED on March 5, 2026, the following awards granted under the Long Term Incentive Plan ("LTIP") on June 5, 2023 to Dr Weiguo Su and Mr Johnny Cheng were vested on March 10, 2026:-
Award Holders
Number of ordinary shares
Person Discharging Managerial Responsibilities
Dr Weiguo Su (Executive Director, Chief Executive Officer and Chief Scientific Officer)
524,079
Mr Johnny Cheng (Executive Director, Acting Chief Executive Officer and Chief Financial Officer)
202,238
Total
726,317
The notifications set out below are provided in accordance with the requirements of the UK Market Abuse Regulation.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Dr Weiguo Su
2
Reason for the notification
a)
Position/status
Executive Director, Chief Executive Officer and Chief Scientific Officer
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
HUTCHMED (China) Limited
b)
LEI
2138006X34YDQ6OBYE79
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument Identification code
Ordinary Shares of US$0.10 Ordinary Share with DI ISIN: KYG4672N1016
b)
Nature of the transaction
Vesting of awards granted on June 5, 2023 under HUTCHMED's LTIP
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
524,079 ordinary shares
d)
Aggregated information - Aggregated volume - Price
N/A
e)
Date of the transaction
2026-03-10
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Mr Johnny Cheng
2
Reason for the notification
a)
Position/status
Executive Director, Acting Chief Executive Officer and Chief Financial Officer
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
HUTCHMED (China) Limited
b)
LEI
2138006X34YDQ6OBYE79
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument Identification code
Ordinary Shares of US$0.10 Ordinary Share with DI ISIN: KYG4672N1016
b)
Nature of the transaction
Vesting of awards granted on June 5, 2023 under HUTCHMED's LTIP
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
202,238 ordinary shares
d)
Aggregated information - Aggregated volume - Price