Hundsun Technologies approves stock option plan, clears insider trading review
Hundsun Technologies Inc. has announced the approval of its 2025 stock option incentive plan and related employee stock ownership plan, following a general meeting on September 9, 2025. This approval was a key outcome of the company's ninth board of directors' fourth meeting held on August 21, 2025, with all proposals receiving over two-thirds majority shareholder approval.
Concurrently, the company conducted a self-inspection of insider trading activities concerning its 2025 stock option incentive plan. The review covered the period from February 24, 2025, to August 23, 2025, and identified 11 insiders who traded company shares. However, Hundsun Technologies stated that these trades were based on personal judgments of market conditions and public information, with no evidence of insider information misuse or leaks.
Hundsun Technologies affirmed its adherence to legal and regulatory requirements for information disclosure and insider information management. The company concluded there was no utilization of inside information for share trading or any disclosure of such information related to the incentive plan during the self-inspection period.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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