ADDENTAX (ATXG) COO reports 33,500-share restructuring-type Form 4 transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ADDENTAX GROUP CORP. Chief Operating Officer Wu Rui reported an “other” transaction involving 33,500 shares of common stock at $5.00 per share on May 15, 2026. After this restructuring-type event, Wu Rui holds 100,167 common shares directly. A footnote states the shares are issuable under a Share Exchange Agreement dated May 15, 2026, subject to customary closing conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wu Rui
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 33,500 | $5.00 | $168K |
Holdings After Transaction:
Common Stock — 100,167 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restructuring shares: 33,500 shares
Transaction price: $5.00/share
Post-transaction holdings: 100,167 shares
+1 more
4 metrics
Restructuring shares
33,500 shares
Common Stock, code J transaction
Transaction price
$5.00/share
Price per share for 33,500 shares
Post-transaction holdings
100,167 shares
Direct holdings after transaction
Transaction date
May 15, 2026
Date of code J event
Key Terms
Common Stock, Share Exchange Agreement, customary closing conditions, Other acquisition or disposition, +1 more
5 terms
Common Stock financial
"Represents shares of common stock issuable pursuant to a Share Exchange Agreement"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
customary closing conditions financial
"Share Exchange Agreement dated May 15, 2026, subject to customary closing conditions"
"Customary closing conditions" are standard rules or checks that must be met before a business deal can be finalized, like making sure all paperwork is in order or that certain approvals are obtained. They matter because they help protect both parties, ensuring everything is in place and reducing the risk of surprises or problems after the deal is closed.
Other acquisition or disposition financial
"transaction_code_description: Other acquisition or disposition"
FAQ
What insider transaction did ADDENTAX (ATXG) COO Wu Rui report?
Wu Rui reported an “other” transaction involving 33,500 shares of ADDENTAX common stock at $5.00 per share. The event is categorized as an “Other acquisition or disposition,” reflecting a restructuring-type change rather than a straightforward open-market buy or sell.
What does the J code mean in Wu Rui’s ADDENTAX (ATXG) Form 4?
Transaction code J on the Form 4 indicates “Other acquisition or disposition.” In this case, the filing’s summary classifies the 33,500-share event as a restructuring-type transaction, not a standard open-market purchase or sale of ADDENTAX common stock by the COO.
Was Wu Rui’s ADDENTAX (ATXG) Form 4 an open-market buy or sell?
No, the transaction is not classified as an open-market buy or sell. The Form 4 labels it as an “Other acquisition or disposition” with code J, and the transactionSummary treats it as a restructuring event involving 33,500 shares at $5.00 per share.
How large is the restructuring transaction in Wu Rui’s ADDENTAX Form 4?
The restructuring-type transaction covers 33,500 shares of ADDENTAX common stock at $5.00 per share. After this event, the COO’s direct holdings are 100,167 shares, providing context for the relative scale of the reported change in ownership.