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Galaxy Payroll Group Ltd (GLXG) CFO reports indirect share ownership

(Neutral)
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Galaxy Payroll Group Ltd identifies Chief Financial Officer Yeung Wai Cheung as a ten percent owner with indirect holdings of 120000 Class A Ordinary Shares and 120000 Class B Ordinary Shares, all held through JEAN Oceania Limited.

Positive

  • None.

Negative

  • None.
Insider Yeung Wai Cheung
Role Chief Financial Officer
Type Security Shares Price Value
holding Class A Ordinary Shares -- -- --
holding Class B Ordinary Shares -- -- --
Holdings After Transaction: Class A Ordinary Shares — 120,000 shares (Indirect, Held by JEAN Oceania Limited); Class B Ordinary Shares — 120,000 shares (Indirect, Held by JEAN Oceania Limited)
Indirect Class A Ordinary Shares 120000.0000 shares Total Class A Ordinary Shares held indirectly via JEAN Oceania Limited
Indirect Class B Ordinary Shares 120000.0000 shares Total Class B Ordinary Shares held indirectly via JEAN Oceania Limited
Non-derivative holding entries 2 Number of non-derivative holding records reported for Yeung Wai Cheung
Class A Ordinary Shares financial
"security_title shows Class A Ordinary Shares for one holding entry"
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.
Class B Ordinary Shares financial
"security_title shows Class B Ordinary Shares for another holding entry"
Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.
indirect financial
"ownership_type is indirect, reflecting holdings through JEAN Oceania Limited"
nature_of_ownership financial
"nature_of_ownership field states Held by JEAN Oceania Limited"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider ownership in GLXG is attributed to Yeung Wai Cheung?

Yeung Wai Cheung is attributed with indirect ownership of 120000 Class A and 120000 Class B Ordinary Shares. These holdings are associated with his roles as Chief Financial Officer and a ten percent owner of Galaxy Payroll Group Ltd.

How many Class A Ordinary Shares of GLXG does Yeung Wai Cheung hold?

He is associated with 120000 Class A Ordinary Shares of Galaxy Payroll Group Ltd. These shares are reported as being held indirectly through JEAN Oceania Limited rather than directly in his own name.

How many Class B Ordinary Shares of GLXG does Yeung Wai Cheung hold?

He is associated with 120000 Class B Ordinary Shares of Galaxy Payroll Group Ltd. Like the Class A shares, these are held indirectly via JEAN Oceania Limited, reflecting beneficial rather than direct registered ownership.

What is the nature of Yeung Wai Cheung’s ownership in GLXG shares?

His ownership in GLXG shares is categorized as indirect, with the nature of ownership described as "Held by JEAN Oceania Limited." This indicates the shares are registered to that entity, not directly to Yeung Wai Cheung.

What positions does Yeung Wai Cheung hold at Galaxy Payroll Group Ltd (GLXG)?

Yeung Wai Cheung serves as Chief Financial Officer of Galaxy Payroll Group Ltd and is flagged as a ten percent owner. This combines an executive management role with a significant level of beneficial share ownership.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Yeung Wai Cheung

(Last)(First)(Middle)
25TH FLOOR, OVEST
77 WING LOK STREET

(Street)
SHEUNG WAN

(City)(State)(Zip)

HONG KONG

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
09/10/2024
3. Issuer Name and Ticker or Trading Symbol
Galaxy Payroll Group Ltd [ GLXG ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Ordinary Shares120,000IHeld by JEAN Oceania Limited
Class B Ordinary Shares120,000IHeld by JEAN Oceania Limited
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ Wai Cheung Yeung08/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)