Yoshiyuki Aikawa - 06 Mar 2026 Form 4 Insider Report for SBC Medical Group Holdings Inc (SBC)

Signature
/s/ Yuya Yoshida, Attorney-in-Fact
Issuer symbol
SBC
Transactions as of
06 Mar 2026
Net transactions value
-$9,376,548
Form type
4
Filing time
10 Mar 2026, 21:54:07 UTC
Previous filing
17 Sep 2024

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Aikawa Yoshiyuki Chairman and CEO, Director, 10%+ Owner C/O SBC MEDICAL GROUP HOLDINGS INC, 200 SPECTRUM CENTER DR., SUITE 300, IRVINE /s/ Yuya Yoshida, Attorney-in-Fact 10 Mar 2026 0002037003

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBC Common Stock Sale $9,376,548 -4,422,900 -84% $2.12 861,600 06 Mar 2026 By Aikawa Equity Management Co., Ltd. F1, F2, F3, F4
holding SBC Common Stock 82,404,460 06 Mar 2026 Direct F3
holding SBC Common Stock 5,000,000 06 Mar 2026 By GODO Kaisha Aikawa Investment F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SBC Put Options (Right to Sell) Other -44,229 -50% 44,229 06 Mar 2026 Common Stock 4,422,900 $2.12 By Aikawa Equity Management Co., Ltd. F1, F2, F5
transaction SBC Call Options (Right to Buy) Other +44,229 44,229 06 Mar 2026 Common Stock 4,422,900 $2.12 By Aikawa Equity Management Co., Ltd. F1, F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the sale pursuant to separate share purchase agreements (the "Purchase Agreements") by the Reporting Person of shares of Aikawa Equity Management Co., Ltd. ("AEM") to certain consultants providing services to medical corporations that have entered into contractual and service arrangements with subsidiaries of the Issuer. AEM directly holds 5,284,500 shares of Issuer common stock ("SBC shares"), and each share of AEM corresponds to one hundred SBC shares. The number reported reflects the number of SBC shares held by AEM that corresponds with AEM shares sold by the Reporting Person as described above. No actual SBC shares were sold by the Reporting Person or AEM.
F2 The sales price reported herein is based on the JPY 33,417 price per AEM share, divided by 100 and converted from Japanese yen to United States dollars at an exchange rate of JPY 157.640= US$1.00, which was the foreign exchange rate on March 6, 2026, as reported by the U.S. Federal Reserve in its weekly release on March 9, 2026.
F3 Reflects the transfer of 5,284,500 and 5,000,000 SBC shares by the Reporting Person to each of AEM and GODO Kaisha Aikawa Investment ("GODO"), respectively, each of which was a wholly owned subsidiary of the Reporting Person at the time of such transfer. As a result of the sales pursuant to the Purchase Agreements, the Reporting Person no longer controls AEM, and therefore, disclaims beneficial ownership over the SBC shares held by AEM, except to the extent of his pecuniary interest therein.
F4 The 861,600 SBC shares reported as indirectly beneficially owned by the Reporting Person through AEM reflects the Reporting Person's indirect interest that he may be deemed to have shared beneficial ownership over following the transactions described herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.
F5 In connection with the sales described herein, pursuant to the terms of the Purchase Agreements, if the price per SBC share falls below a certain price threshold on or after April 1, 2029, the consultants described above may request the Reporting Person to redeem all shares for the same amount as the purchase price described above.
F6 In connection with the sales described herein, pursuant to the terms of the Purchase Agreements, upon satisfaction of certain conditions, the Reporting Person has the right to repurchase the AEM shares from the consultants (which were acquired as described above) for the same amount as the purchase price described above.