LIU CHENG

PrivateCIK: 1996255
Location

EMERYVILLE, CA

LIU CHENG (Chief Executive Officer) exercised options at ESTRELLA IMMUNOPHARMA, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise
InsiderLIU CHENGCIK 1996255
DirectorOfficer· Chief Executive Officer
Since Sep 2023
+200K
Net shares
Net buyer
$81.5K
Total acquired
0
Open market trades
0B · 0S
2
Total transactions
200K acquired
Non-Derivative Transactions1

Common Stock, par value $0.0001 per share

Direct
M · Option Exercise

Shares

+100K

Price / share

$0.81

Trade value

$81.50K

% of position

33.6%
8/25/2026
297.44K397.44K
Total

Net shares

+100K

Net value

$81.50K

Derivative Transactions1

Incentive Stock Option

Direct
M · Option Exercise
Converts to

Common Stock

100K shares

Shares

+100K

Strike price

0.815

Held after

900K

Exercisable

8/25/2026