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Multiple scheduled 10b5-1 sales by affiliate (GCT) reported to SEC

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

JI XIANG HU TONG HOLDINGS LTD reported multiple 10b5-1 sales of Class A Ordinary Shares executed on Nasdaq. The excerpt lists individual sale dates and quantities, including 70,000 shares on 02/26/2026 and 60,000 shares on 02/27/2026. The filing is a Regulation 144 notice covering routine affiliate dispositions under a 10b5-1 plan.

Positive

  • None.

Negative

  • None.

Insights

Affiliate filed Regulation 144 notices for systematic 10b5-1 sales.

The excerpt documents repetitive 10b5-1 sales by JI XIANG HU TONG HOLDINGS LTD, listing trade dates, share counts, and gross proceeds for each trade. The pattern indicates scheduled dispositions rather than ad hoc open-market transactions.

Cash-flow treatment and remaining holdings are not shown in the excerpt; subsequent filings or Form 4s would show post-transaction positions if required.

Sale on 02/26/2026 70,000 shares 10b5-1 sale reported
Proceeds on 02/26/2026 $3,169,974.38 Gross proceeds reported for 70,000-share sale
Sale on 02/27/2026 60,000 shares 10b5-1 sale reported
Proceeds on 02/27/2026 $2,614,452.24 Gross proceeds reported for 60,000-share sale
Sale on 03/03/2026 58,090 shares 10b5-1 sale reported
Example sale on 03/04/2026 40,000 shares 10b5-1 sale reported
10b5-1 regulatory
"10b5-1 Sales for JI XIANG HU TONG HOLDINGS LTD"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Regulation 144 regulatory
"144: Securities Sold During The Past 3 Months"
Class A Ordinary Shares financial
"Class A Ordinary Shares, par value $0.05 per share"
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

Source: View Original Filing on SEC EDGAR

FAQ

What does the Form 144 filing for GCT indicate?

It indicates affiliate sales under Regulation 144 via a 10b5-1 plan. The excerpt lists multiple sale dates and quantities for Class A Ordinary Shares, documenting proposed or completed dispositions by an affiliate.

How many shares were sold on 02/26/2026 and 02/27/2026?

The excerpt shows 70,000 shares sold on 02/26/2026 for $3,169,974.38 and 60,000 shares on 02/27/2026 for $2,614,452.24 as reported in the filing.

Are these sales part of a pre-arranged plan for GCT insiders?

Yes. The filing labels the transactions as 10b5-1 Sales, which indicates they were executed under a pre-established trading plan rather than ad hoc insider trades.

Does the excerpt state who receives the sale proceeds?

The excerpt does not specify proceeds recipients; it records gross proceeds per trade. The filing identifies the seller as JI XIANG HU TONG HOLDINGS LTD but does not state cash-flow recipients.

What class of security was sold in these transactions?

The filing lists sales of Class A Ordinary Shares, par value $0.05 per share, traded on NASDAQ as shown in the excerpt.