Masayoshi Son details Arm (NASDAQ: ARM) stake via SoftBank unit
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ARM Holdings plc director Masayoshi Son filed an initial ownership report showing no Ordinary Shares held directly in his name. A footnote explains that 922,733,999 Ordinary Shares of Arm Holdings plc are held of record by Kronos II LLC, an indirect wholly owned subsidiary of SoftBank Group Corp. Son serves as Representative Director, Corporate Officer, Chairman and CEO of SoftBank Group and expressly disclaims beneficial ownership of the Ordinary Shares held by Kronos II.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MASAYOSHI SON
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 0 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What does Masayoshi Son’s Form 3 filing for ARM (ARM) show?
The Form 3 shows Masayoshi Son reports no Ordinary Shares of Arm Holdings plc held directly in his name. A large block of 922,733,999 Ordinary Shares is held by Kronos II LLC, an indirect wholly owned subsidiary of SoftBank Group Corp., and he disclaims beneficial ownership.
What type of ARM (ARM) security is referenced in Masayoshi Son’s Form 3?
The filing references Ordinary Shares of Arm Holdings plc with a nominal value of 0.001 GBP per share. It also notes these Ordinary Shares may be represented by American Depositary Shares, each American Depositary Share representing one Ordinary Share under the described structure.