FinVolution Group (NYSE: FINV) director sells 75,000 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FinVolution Group director Xiang Bing sold shares in the company. On May 28, 2026, he executed an open-market sale of 75,000 Class A Ordinary Shares at $1.068 per share. After this transaction, he directly holds 18,750 Class A Ordinary Shares.
The shares are held in the form of American depositary shares, with each ADS representing five Class A Ordinary Shares. This filing reflects a net sale by a board member and does not involve any derivative exercises or tax-related transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 75,000 shares ($80,100)
Net Sell
1 txn
Insider
Xiang Bing
Role
null
Sold
75,000 shs ($80K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Ordinary Shares | 75,000 | $1.068 | $80K |
Holdings After Transaction:
Class A Ordinary Shares — 18,750 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 75,000 shares
Sale price: $1.068 per share
Shares remaining: 18,750 shares
+2 more
5 metrics
Shares sold
75,000 shares
Class A Ordinary Shares sold in open-market transaction
Sale price
$1.068 per share
Execution price for Class A Ordinary Shares sold
Shares remaining
18,750 shares
Class A Ordinary Shares held after transaction
ADS ratio
1 ADS = 5 Class A shares
Each American depositary share represents five Class A Ordinary Shares
Transaction date
May 28, 2026
Date of open-market sale
Key Terms
Class A Ordinary Shares, open-market sale, American depositary shares, Form 4
4 terms
open-market sale financial
"he executed an open-market sale of 75,000 Class A Ordinary Shares"
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.
Form 4 regulatory
"This Form 4 filing reflects a net sale by a board member"
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 FinVolution Group (FINV) disclose for Xiang Bing?
FinVolution Group reported that director Xiang Bing completed an open-market sale of 75,000 Class A Ordinary Shares at $1.068 per share on May 28, 2026. This Form 4 filing reflects a direct, non-derivative stock sale by a board member.
Does the FinVolution (FINV) Form 4 include any derivative or option exercises?
No derivative or option exercises are included in this Form 4. The transaction summary shows one non-derivative open-market sale of 75,000 Class A Ordinary Shares and no derivative transactions, gifts, or tax-withholding events associated with this filing.