HIGHWAY HOLDINGS (NASDAQ: HIHO) COO reports holding 70,000 common shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
HIGHWAY HOLDINGS LTD executive Tsang Chi Fai, the Chief Operating Officer, has filed an initial ownership report showing holdings in the company. The Form 3 indicates direct ownership of 70,000 Common Shares, with no associated buy or sell transactions reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tsang Chi Fai
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 70,000 shares (Direct)
Footnotes (1)
Key Figures
Common share holdings: 70,000 shares
1 metrics
Common share holdings
70,000 shares
Total Common Shares directly owned following reported holdings
Key Terms
Form 3, Common Shares, beneficial ownership
3 terms
Form 3 regulatory
"INSIDER FILING DATA (Form 3):"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"initial statement of beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What does the HIGHWAY HOLDINGS (HIHO) Form 3 filing report for Tsang Chi Fai?
The Form 3 filing reports that Chief Operating Officer Tsang Chi Fai directly owns 70,000 Common Shares of HIGHWAY HOLDINGS LTD. This is an initial statement of beneficial ownership and does not reflect new buy or sell transactions in the company’s stock.
Is the Tsang Chi Fai HIHO Form 3 a record of insider buying or selling?
No, this Form 3 is not a record of insider buying or selling. It serves as an initial ownership statement, listing Tsang Chi Fai’s direct beneficial holding of 70,000 Common Shares in HIGHWAY HOLDINGS LTD, with no explicit buy or sell transactions disclosed here.
What role does Tsang Chi Fai hold at HIGHWAY HOLDINGS (HIHO) in this Form 3?
In this Form 3, Tsang Chi Fai is identified as an officer of HIGHWAY HOLDINGS LTD, serving as Chief Operating Officer. The filing connects this executive role to his reported beneficial ownership of 70,000 Common Shares held directly in the company’s equity.
Does the HIGHWAY HOLDINGS (HIHO) Form 3 include any derivative securities for Tsang Chi Fai?
No derivative securities are listed for Tsang Chi Fai in this Form 3. The derivative section is empty, indicating only direct ownership of 70,000 Common Shares is reported, with no options, warrants, or other derivative positions shown in this particular filing excerpt.