Globavend Holdings Ltd (NASDAQ: GVH) director buys 4,634 shares at $0.91
Rhea-AI Filing Summary
Globavend Holdings Ltd director and 10% owner Fung Kai Man purchased 4,634 Ordinary Shares on 2026-07-29 at $0.91 per share in an open-market or private transaction. Following this buy, he beneficially owns 61,858 Ordinary Shares, including 57,224 held through Central Master Enterprises Limited. The transaction was not reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,634 shares
Net Buy
1 txn
Insider
Fung Kai Man
Role
Director, 10% Owner
Bought
4,634 shs ($4K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary Shares F1 | 4,634 | $0.91 | $4K |
Holdings After Transaction:
Ordinary Shares — 61,858 shares (Direct)
Footnotes (1)
- F1. Represents 4,634 Ordinary Shares directly held by the Reporting Person and 57,224 Ordinary Shares held by the Reporting Person through Central Master Enterprises Limited. The Reporting Person is a controlling shareholder of Central Master Enterprises Limited and may be deemed to beneficially own the securities owned directly by Central Master Enterprises Limited.
Key Figures
Shares purchased: 4,634 Ordinary Shares
Purchase price: $0.91 per share
Total beneficial ownership: 61,858 Ordinary Shares
+2 more
5 metrics
Shares purchased
4,634 Ordinary Shares
Non-derivative purchase on 2026-07-29
Purchase price
$0.91 per share
Ordinary Shares acquired by Fung Kai Man
Total beneficial ownership
61,858 Ordinary Shares
Reported holdings following the transaction
Indirectly held shares
57,224 Ordinary Shares
Held through Central Master Enterprises Limited
Directly held shares
4,634 Ordinary Shares
Direct holdings after the reported purchase
Key Terms
beneficially own, controlling shareholder, Ordinary Shares, Rule 10b5-1 trading plan
4 terms
beneficially own financial
"may be deemed to beneficially own the securities owned directly"
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.
Rule 10b5-1 trading plan regulatory
"The transaction was not reported as made under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Globavend Holdings (GVH) report for Fung Kai Man?
Fung Kai Man, a director and 10% owner, bought 4,634 Ordinary Shares of Globavend Holdings Ltd on 2026-07-29 at $0.91 per share, increasing his reported beneficial ownership to 61,858 Ordinary Shares.
Is Fung Kai Man’s Globavend Holdings (GVH) ownership held directly or through an entity?
His ownership is partly direct and partly through an entity. He holds 4,634 Ordinary Shares directly and 57,224 shares through Central Master Enterprises Limited, where he is a controlling shareholder and may be deemed to beneficially own those securities.
Was the latest Globavend Holdings (GVH) insider trade under a Rule 10b5-1 plan?
The transaction was not reported as made under a Rule 10b5-1 trading plan. The document-level checkbox for Rule 10b5-1 status is unchecked, indicating the company did not characterize this specific purchase as pursuant to such a plan.