Hsu Hui-Chen, Co-CEO and Director of CCH Holdings Ltd (NASDAQ:CCHH), filed a Form 4 on September 21, 2026, disclosing a share reclassification transaction dated September 18, 2026, in which 1,319,500 Class A Ordinary Shares were repurchased and cancelled by the issuer and replaced with an equal number of Class B Ordinary Shares carrying 100 votes each.

Key Highlights

  • Transaction date: September 18, 2026, following shareholder approval at an extraordinary general meeting held September 3, 2026.
  • Shares disposed: 1,319,500 Class A Ordinary Shares were repurchased by the issuer and cancelled, at a price of $0.
  • Shares acquired: 1,319,500 Class B Ordinary Shares were issued to Hsu Hui-Chen as consideration, also at a price of $0.
  • Voting power: Each Class B Ordinary Share carries 100 votes on all matters subject to a vote at general meetings, according to the filing.
  • Post-transaction ownership: Hsu Hui-Chen directly beneficially owns no Class A Ordinary Shares and 1,319,500 Class B Ordinary Shares following the reported transactions.
  • No cash exchanged: According to the filing, "No cash consideration was paid in connection with the Repurchase."

CCH Holdings Co-CEO Share Reclassification: Key Transaction Details

According to the Form 4 filing, Hsu Hui-Chen, who serves as both Co-CEO and Director of CCH Holdings Ltd, participated in a share reclassification transaction on September 18, 2026. The transaction was carried out pursuant to an ordinary resolution approved by shareholders at an extraordinary general meeting held on September 3, 2026. Under the transaction, the issuer repurchased 1,319,500 Class A Ordinary Shares from Hsu Hui-Chen, and those shares were cancelled upon the repurchase taking effect.

As consideration for the cancellation of the Class A shares, the issuer issued to Hsu Hui-Chen an equal number of unclassified shares from its authorized but unissued share capital, which were then re-designated as Class B Ordinary Shares. The filing notes this re-designation was carried out "pursuant to Article 9(j) of the Issuer's memorandum and articles of association." The transaction code recorded for the Class A disposal is "D" and for the Class B acquisition is "A," with both sides priced at $0.

A material distinction between the two share classes is voting rights. The filing states that each Class B Ordinary Share is "entitled to one hundred (100) votes on all matters subject to a vote at general meetings of the Issuer," compared to Class A shares, which carry no such enhanced voting. Following the transactions reported, Hsu Hui-Chen directly beneficially owns 0 Class A Ordinary Shares and 1,319,500 Class B Ordinary Shares of CCH Holdings Ltd.

What Was Disclosed

The filing reports a share reclassification in which CCH Holdings' Co-CEO exchanged 1,319,500 Class A Ordinary Shares for an equal number of Class B Ordinary Shares at no cash consideration, resulting in enhanced voting rights of 100 votes per share.