Greenpro Capital (NASDAQ: GRNQ) CEO boosts stake with 107,310-share buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Greenpro Capital Corp. director and Chief Executive Officer Lee Chong Kuang bought 107,310 shares of Common Stock in an open-market transaction at $2.3297 per share. After this purchase, he holds 1,846,344 shares directly.
In addition, his spouse, Ms. Yap Pei Ling, holds 165,915 shares indirectly attributable to him. Together they beneficially own an aggregate of 2,012,259 Greenpro Capital Corp. Common Stock shares, combining both direct and indirect holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 107,310 shares ($250,000)
Net Buy
2 txns
Insider
LEE CHONG KUANG
Role
Chief Executive Officer
Bought
107,310 shs ($250K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 107,310 | $2.3297 | $250K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,846,344 shares (Direct, null);
Common Stock — 165,915 shares (Indirect, By Spouse)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 107,310 shares
Purchase price: $2.3297 per share
Direct holdings after trade: 1,846,344 shares
+2 more
5 metrics
Shares purchased
107,310 shares
Open-market purchase of Common Stock
Purchase price
$2.3297 per share
Price paid in the reported transaction
Direct holdings after trade
1,846,344 shares
Common Stock held directly by CEO post-transaction
Spouse holdings
165,915 shares
Common Stock held by CEO’s spouse
Aggregate beneficial ownership
2,012,259 shares
Combined direct and spouse holdings
Key Terms
Common Stock, open-market purchase, beneficially own, indirect
4 terms
Common Stock financial
"consisting of 1,846,344 shares held directly by Mr. Lee and 165,915 shares held by Ms. Yap Pei Ling"
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 purchase financial
"transaction_action": "open-market purchase","transaction_code_description": "Purchase in open market or private transaction""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
beneficially own financial
"Mr. Lee may be deemed to beneficially own the shares held by his spouse."
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
indirect financial
""direct_or_indirect": "I","nature_of_ownership": "By Spouse""
FAQ
What insider transaction did GRNQ CEO Lee Chong Kuang report?
Greenpro Capital Corp. CEO Lee Chong Kuang reported buying 107,310 Common Stock shares in an open-market transaction. The shares were purchased at $2.3297 per share, indicating a direct increase in his personal equity stake in the company.
What is the CEO’s total beneficial ownership in GRNQ after the transaction?
Together, Mr. Lee and his spouse beneficially own 2,012,259 Greenpro Capital Corp. Common Stock shares. This total combines 1,846,344 shares held directly by Mr. Lee and 165,915 shares held by his spouse, as detailed in the Form 4 footnote.