Hongchang (HCIL) insider entity sells 16,448 shares, still holds 62.2M
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hongchang International Co., Ltd director and 10% owner Lin Zhenzhu reported indirect open-market sales of common stock through Hong Jin Investment Limited. The entity sold 14,450 shares across June 23–24, 2026 at prices from $0.112 to $0.120 per share, and 9,998 shares on June 25, 2026 at $0.107 per share, totaling 16,448 shares sold. After these transactions, 62,243,084 common shares are reported as indirectly held by Hong Jin Investment Limited.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 16,448 shares ($1,804)
Net Sell
3 txns
Insider
Lin Zhenzhu
Role
Director, 10% Owner
Sold
16,448 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock | 9,998 | $0.107 | $1K |
| Sale | Common stock | 5,000 | $0.112 | $560.00 |
| Sale | Common stock | 1,450 | $0.12 | $174.00 |
Holdings After Transaction:
Common stock — 62,243,084 shares (Indirect, By Hong Jin Investment Limited)
Footnotes (1)
Key Figures
Total shares sold: 16,448 shares
Shares sold June 23, 2026: 1,450 shares at $0.120/share
Shares sold June 24, 2026: 5,000 shares at $0.112/share
+3 more
6 metrics
Total shares sold
16,448 shares
Net open-market sales over June 23–25, 2026
Shares sold June 23, 2026
1,450 shares at $0.120/share
Common stock, indirect ownership
Shares sold June 24, 2026
5,000 shares at $0.112/share
Common stock, indirect ownership
Shares sold June 25, 2026
9,998 shares at $0.107/share
Common stock, indirect ownership
Shares held after final sale
62,243,084 shares
Indirectly owned through Hong Jin Investment Limited after June 25, 2026
Net buy/sell direction
Net sale of 16,448 shares
transactionSummary netBuySellShares and netBuySellDirection
Key Terms
open-market sale, indirect ownership, Common stock, 10% owner
4 terms
open-market sale financial
"transaction_action": "open-market sale""
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.
indirect ownership financial
""ownership_type": "indirect", "ownership_code": "I""
Common stock financial
""security_title": "Common stock""
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.
10% owner regulatory
""is_ten_percent_owner": 1"
FAQ
What insider transactions did Hongchang International (HCIL) report for Lin Zhenzhu?
Hongchang International reported that an entity associated with director and 10% owner Lin Zhenzhu sold a total of 16,448 common shares in open-market transactions over three days in June 2026, according to a Form 4 filing.
Were any derivative securities reported in this Hongchang (HCIL) Form 4?
No derivative securities are listed in this Form 4. The filing’s transactions all involve non-derivative common stock, and the derivative summary section shows no remaining derivative positions associated with these transactions.