Ambarella (NASDAQ: AMBA) SVP sells 10,000 shares, retains stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ambarella senior VP Ju Chi-Hong sold 10,000 ordinary shares in an open-market transaction at a weighted average price of $88.84 per share. The filing notes individual sale prices ranged from $88.79 to $88.97 per share. After the sale, Ju holds 155,924 ordinary shares directly and 8,000 ordinary shares indirectly through a foundation.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($888,400)
Net Sell
2 txns
Insider
Ju Chi-Hong
Role
Senior VP, Systems & GM
Sold
10,000 shs ($888K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 10,000 | $88.84 | $888K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 155,924 shares (Direct, null);
Ordinary Shares — 8,000 shares (Indirect, by Foundation)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 10,000 shares
Weighted average sale price: $88.84 per share
Sale price range: $88.79–$88.97 per share
+2 more
5 metrics
Shares sold
10,000 shares
Open-market sale of ordinary shares
Weighted average sale price
$88.84 per share
Ordinary share sale on transaction date
Sale price range
$88.79–$88.97 per share
Range of prices for individual trades in sale
Direct holdings after sale
155,924 shares
Ordinary shares directly owned following transaction
Indirect holdings
8,000 shares
Ordinary shares held indirectly by foundation
Key Terms
open-market sale, weighted average sale price, indirect ownership, ordinary shares, +1 more
5 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average sale price financial
"represents the weighted average sale price of the shares sold"
indirect ownership financial
""ownership_type": "indirect""
Form 4 regulatory
"within the ranges set forth in this Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Ambarella (AMBA) report for Ju Chi-Hong?
Ambarella reported that senior VP Ju Chi-Hong sold 10,000 ordinary shares in an open-market transaction. The sale used a weighted average price of $88.84 per share, with individual trades between $88.79 and $88.97, as disclosed in the Form 4 filing.
What type of insider transaction did Ju Chi-Hong execute in Ambarella (AMBA)?
The Form 4 describes Ju Chi-Hong’s transaction as an open-market sale of non-derivative ordinary shares. He sold 10,000 shares on the transaction date, using a weighted average price and leaving a substantial remaining direct and indirect share position in Ambarella.