Addentax Group (NASDAQ: ATXG) director reports 250K-share stake
Rhea-AI Filing Summary
ADDENTAX GROUP CORP. (ATXG) reported the initial insider ownership of HONG ZHIHAO on a Form 3. HONG ZHIHAO is identified as both a director and a ten percent owner, with 250,000 shares of Common Stock reported as directly held following the reported position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HONG ZHIHAO
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 250,000 shares (Direct)
Key Figures
Common Stock holdings: 250,000 shares
Holding entries: 1
Buy transactions: 0
+1 more
4 metrics
Common Stock holdings
250,000 shares
Total shares of Common Stock beneficially owned following the reported holding
Holding entries
1
Number of holding entries reported in the transaction summary
Buy transactions
0
Number of buy transactions in the transaction summary
Sell transactions
0
Number of sell transactions in the transaction summary
Key Terms
ten percent owner, Form 3, beneficially owns
3 terms
ten percent owner regulatory
"identified as both a director and a ten percent owner"
Form 3 regulatory
"reported the initial insider ownership of HONG ZHIHAO on a Form 3"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficially owns regulatory
"The filing reports that HONG ZHIHAO beneficially owns 250,000 shares"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
FAQ
Who is the insider reporting on Form 3 for ATXG?
The Form 3 lists HONG ZHIHAO as the reporting person for ADDENTAX GROUP CORP. (ATXG), identified as both a director and a ten percent owner of the company’s equity securities.
Is the ownership reported by HONG ZHIHAO in ATXG direct or indirect?
The Form 3 indicates that HONG ZHIHAO’s 250,000 shares of ADDENTAX GROUP CORP. (ATXG) Common Stock are held with direct ownership, as shown by the ownership code "D" in the filing data.
Does this ATXG Form 3 show any insider buy or sell transactions?
No buy or sell transactions are reported. The Form 3 for ADDENTAX GROUP CORP. (ATXG) presents a holding entry only, listing 250,000 directly held Common Stock shares, with no purchases, sales, or derivative exercises disclosed.
What roles does HONG ZHIHAO have at ADDENTAX GROUP CORP. (ATXG)?
According to the Form 3, HONG ZHIHAO is both a director and a ten percent owner of ADDENTAX GROUP CORP. (ATXG), indicating significant involvement and a sizable reported equity stake in the issuer.
AI-generated analysis. How Rhea-AI works. Not financial advice.
