Addentax (ATXG) COO granted 66,667 shares, now holds 7.75%
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13D
Rhea-AI Filing Summary
Addentax Group Corp.'s Chief Operating Officer, Wu Rui, has filed a Schedule 13D reporting beneficial ownership of 66,667 shares of the company’s common stock, equal to about 7.75% of shares outstanding as of April 30, 2026.
The shares were granted on April 13, 2026 under Addentax’s equity incentive plan, registered on Form S-8, as compensation for services rather than bought in the market. Wu Rui holds sole voting and dispositive power over all reported shares and notes no special arrangements or agreements regarding their transfer or voting beyond the equity plan itself.
Positive
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Negative
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Key Figures
Beneficial ownership: 66,667 shares
Ownership percentage: 7.75%
Shares outstanding: 860,145 shares
+3 more
6 metrics
Beneficial ownership
66,667 shares
Common stock beneficially owned by Wu Rui
Ownership percentage
7.75%
Percent of Addentax common stock held by Wu Rui
Shares outstanding
860,145 shares
Common stock outstanding as of April 30, 2026
Grant date
April 13, 2026
Date 66,667 shares granted under equity incentive plan
Sole voting power
66,667 shares
Shares over which Wu Rui has sole voting authority
Sole dispositive power
66,667 shares
Shares over which Wu Rui has sole dispositive authority
Key Terms
Schedule 13D, equity incentive plan, beneficially owns, sole voting power, +1 more
5 terms
Schedule 13D regulatory
"If the filing person has previously filed a statement on Schedule 13G to report the acquisition"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
equity incentive plan financial
"The securities reported herein were issued to the reporting person pursuant to the issuer's equity incentive plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
beneficially owns financial
"The reporting person beneficially owns 66,667 shares of common stock of the issuer"
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.
sole voting power financial
"The reporting person has sole voting power and sole dispositive power with respect to 66,667 shares"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
dispositive power financial
"The reporting person has sole voting power and sole dispositive power with respect to 66,667 shares"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
FAQ
What stake in Addentax Group Corp (ATXG) does Wu Rui report on this Schedule 13D?
Wu Rui reports beneficial ownership of 66,667 shares of Addentax common stock, representing about 7.75% of the outstanding shares. This percentage is based on 860,145 shares of common stock outstanding as of April 30, 2026.
Why did Wu Rui file a Schedule 13D for Addentax Group Corp (ATXG)?
A Schedule 13D is required when a person holds more than 5% of a class of registered equity. Wu Rui’s 7.75% beneficial ownership of Addentax common stock triggered this filing obligation, even though the shares were received as equity compensation.