Chaince Digital (NASDAQ: CD) CSO sells 4,000 shares in two trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chaince Digital Holdings chief strategy officer Daye Wilfred ZhongKei reported two open-market sales of common stock. He sold 2,000 shares on June 1 at $8.53 per share and 2,000 shares on June 2 at $9.07, disposing of 4,000 shares in total. After these transactions, he directly holds 69,765 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,000 shares ($35,200)
Net Sell
2 txns
Insider
Daye Wilfred ZhongKei
Role
CSO
Sold
4,000 shs ($35K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,000 | $9.07 | $18K |
| Sale | Common Stock | 2,000 | $8.53 | $17K |
Holdings After Transaction:
Common Stock — 69,765 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold June 2: 2,000 shares at $9.07
Shares sold June 1: 2,000 shares at $8.53
Total shares sold: 4,000 shares
+1 more
4 metrics
Shares sold June 2
2,000 shares at $9.07
Open-market sale of Common Stock on June 2, 2026
Shares sold June 1
2,000 shares at $8.53
Open-market sale of Common Stock on June 1, 2026
Total shares sold
4,000 shares
Net common shares sold across two transactions
Shares held after transactions
69,765 shares
Direct Common Stock holdings following June 2, 2026 sale
Key Terms
Common Stock, open-market sale, non-derivative, Form 4
4 terms
Common Stock financial
"security_title: "Common Stock" for both reported transactions"
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.
open-market sale financial
"transaction_action: "open-market sale" describes each transaction"
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.
non-derivative financial
"transaction_type is listed as "non-derivative" for both entries"
Form 4 regulatory
"Insider activity is reported on SEC Form 4 for Chaince Digital"
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 Chaince Digital (CD) disclose?
Chaince Digital disclosed that CSO Daye Wilfred ZhongKei sold company common stock. He reported two open-market sales totaling 4,000 shares, executed on consecutive days, and continues to hold a sizable remaining position afterward.
Were the Chaince Digital (CD) insider transactions derivative exercises or common stock sales?
The reported insider transactions were sales of non-derivative common stock. Both entries list common stock as the security, coded as open-market sales, with no associated derivative exercise, conversion price, or remaining derivative position disclosed.
What does the Form 4 for Chaince Digital (CD) indicate about net insider activity?
The Form 4 shows net selling activity by the CSO. He completed two open-market sales totaling 4,000 shares, and the transaction summary records a net-sell direction with no offsetting purchases, exercises, gifts, or restructuring transactions.