HiTek Global (HKIT) holder Jane Street cuts stake after net share sales

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

HiTek Global Inc. insider Jane Street Group, LLC and affiliates reported mixed open-market trades in Class A Ordinary Shares. On June 4, 2026, they sold 169,820 shares at $0.33 per share, leaving 67,718 shares indirectly held. On June 2, 2026, they executed a series of smaller open-market purchases and sales around $1.66–$1.75 per share, resulting in total reported purchases of 1,093 shares and sales of 2,611 shares that day. Footnotes state their beneficial ownership rose above 10% of HiTek Global’s Class A Ordinary Shares on June 2, and after these transactions their beneficial ownership is below 10%.

Insights

Jane Street’s filing shows net selling and a move back below 10% ownership.

The reporting persons, including Jane Street Group, LLC and trading affiliates, disclosed active trading in HiTek Global Inc. Class A Ordinary Shares. They bought and sold in small blocks around $1.66–$1.75 on June 2, 2026, followed by a much larger sale at $0.33 on June 4, 2026.

Aggregate data in the filing shows 172,431 shares sold and 1,093 shares purchased, for a net sale of 171,338 shares. Footnotes explain their beneficial ownership exceeded 10% on June 2 but, after these trades, is below that threshold. Actual impact depends on HiTek Global’s total float and future trading activity.

Insider Trade Summary

Net Seller: 171,338 shares ($60,520)

Net Sell 20 txns

Insider JANE STREET GROUP, LLC

Role null

Bought 1,093 shs ($2K)

Sold 172,431 shs ($61K)

Type	Security	Shares	Price	Value
Sale	Class A Ordinary Shares, par value US$0.015 per share	169,820	$0.33	$56K
Sale	Class A Ordinary Shares, par value US$0.015 per share	621	$1.67	$1K
Purchase	Class A Ordinary Shares, par value US$0.015 per share	50	$1.66	$83.00
Purchase	Class A Ordinary Shares, par value US$0.015 per share	1	$1.66	$1.66
Purchase	Class A Ordinary Shares, par value US$0.015 per share	40	$1.66	$66.40
Sale	Class A Ordinary Shares, par value US$0.015 per share	2	$1.6597	$3.32
Purchase	Class A Ordinary Shares, par value US$0.015 per share	1	$1.66	$1.66
Sale	Class A Ordinary Shares, par value US$0.015 per share	47	$1.6598	$78.01
Sale	Class A Ordinary Shares, par value US$0.015 per share	136	$1.7198	$233.89
Sale	Class A Ordinary Shares, par value US$0.015 per share	25	$1.7098	$42.75
Sale	Class A Ordinary Shares, par value US$0.015 per share	290	$1.6999	$492.97
Sale	Class A Ordinary Shares, par value US$0.015 per share	25	$1.7097	$42.74
Purchase	Class A Ordinary Shares, par value US$0.015 per share	1	$1.72	$1.72
Sale	Class A Ordinary Shares, par value US$0.015 per share	5	$1.7398	$8.70
Sale	Class A Ordinary Shares, par value US$0.015 per share	100	$1.7398	$173.98
Sale	Class A Ordinary Shares, par value US$0.015 per share	1,000	$1.7397	$2K
Sale	Class A Ordinary Shares, par value US$0.015 per share	20	$1.7398	$34.80
Sale	Class A Ordinary Shares, par value US$0.015 per share	300	$1.7397	$521.91
Purchase	Class A Ordinary Shares, par value US$0.015 per share	1,000	$1.75	$2K
Sale	Class A Ordinary Shares, par value US$0.015 per share	40	$1.7399	$69.60

Holdings After Transaction: Class A Ordinary Shares, par value US$0.015 per share — 67,718 shares (Indirect, See Footnotes)

Footnotes (1)

This statement is being filed by the Jane Street Group, LLC. ("JS Group"), Jane Street Capital, LLC ("JSC") and Jane Street Global Trading, LLC ("JSGT") (all together with JS Group, the "Reporting Persons"). On June 2, 2026, the Reporting Persons increased their beneficial ownership of HiTek Global Inc. (the "Issuer") to above 10% of the outstanding Class A Ordinary Shares. The Class A Ordinary Shares of the Issuer reported herein as indirectly purchased were beneficially owned directly by Jane Street Capital, LLC, Jane Street Global Trading, LLC and indirectly by JS Group. After giving effect to this transaction, the Reporting Persons' beneficial ownership in the Issuer is below 10%.

Key Figures

Largest single sale: 169,820 shares at $0.33 Shares after largest sale: 67,718 shares Total shares sold: 172,431 shares +4 more

7 metrics

Largest single sale 169,820 shares at $0.33 Open-market sale on June 4, 2026

Shares after largest sale 67,718 shares Indirectly owned following June 4, 2026 trade

Total shares sold 172,431 shares Aggregate sales across reported transactions

Total shares bought 1,093 shares Aggregate purchases across reported transactions

Net shares sold 171,338 shares Net of all buys and sells in Form 4

June 2 trading range $1.66–$1.75 per share Approximate prices for small June 2 trades

Ownership threshold change Above 10% then below 10% Beneficial ownership around June 2–4, 2026

Key Terms

beneficial ownership, ten percent owner, open-market sale, open-market purchase, +1 more

5 terms

beneficial ownership financial

"the Reporting Persons increased their beneficial ownership of HiTek Global Inc."

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.

ten percent owner regulatory

"On June 2, 2026, the Reporting Persons increased their beneficial ownership ... to above 10%"

open-market sale financial

"transaction_action: "open-market sale" with code "S""

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.

open-market purchase financial

"transaction_action: "open-market purchase" with code "P""

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.

Class A Ordinary Shares financial

"security_title: "Class A Ordinary Shares, par value US$0.015 per share""

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.

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Form 4 Insider Transactions: What Each Field Means →

06/04/2026 - 04:31 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

JANE STREET GROUP, LLC

(Last)

(First)

(Middle)

250 VESEY STREET

3RD FLOOR

(Street)

NEW YORK

10281

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HiTek Global Inc. [ HKIT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Ordinary Shares, par value US$0.015 per share	06/02/2026	06/02/2026	S		621	D	$1.67	238,435	I	See Footnotes⁽¹⁾⁽²⁾
Class A Ordinary Shares, par value US$0.015 per share	06/02/2026	06/02/2026	P		50	A	$1.66	238,485	I	See Footnotes⁽¹⁾⁽²⁾
Class A Ordinary Shares, par value US$0.015 per share	06/02/2026	06/02/2026	P		1	A	$1.66	238,486	I	See Footnotes⁽¹⁾⁽²⁾
Class A Ordinary Shares, par value US$0.015 per share	06/02/2026	06/02/2026	P		40	A	$1.66	238,526	I	See Footnotes⁽¹⁾⁽²⁾
Class A Ordinary Shares, par value US$0.015 per share	06/02/2026	06/02/2026	S		2	D	$1.6597	238,524	I	See Footnotes⁽¹⁾⁽²⁾
Class A Ordinary Shares, par value US$0.015 per share	06/02/2026	06/02/2026	P		1	A	$1.66	238,525	I	See Footnotes⁽¹⁾⁽²⁾
Class A Ordinary Shares, par value US$0.015 per share	06/02/2026	06/02/2026	S		47	D	$1.6598	238,478	I	See Footnotes⁽¹⁾⁽²⁾
Class A Ordinary Shares, par value US$0.015 per share	06/02/2026	06/02/2026	S		136	D	$1.7198	238,342	I	See Footnotes⁽¹⁾⁽²⁾
Class A Ordinary Shares, par value US$0.015 per share	06/02/2026	06/02/2026	S		25	D	$1.7098	238,317	I	See Footnotes⁽¹⁾⁽²⁾
Class A Ordinary Shares, par value US$0.015 per share	06/02/2026	06/02/2026	S		290	D	$1.6999	238,027	I	See Footnotes⁽¹⁾⁽²⁾
Class A Ordinary Shares, par value US$0.015 per share	06/02/2026	06/02/2026	S		25	D	$1.7097	238,002	I	See Footnotes⁽¹⁾⁽²⁾
Class A Ordinary Shares, par value US$0.015 per share	06/02/2026	06/02/2026	P		1	A	$1.72	238,003	I	See Footnotes⁽¹⁾⁽²⁾
Class A Ordinary Shares, par value US$0.015 per share	06/02/2026	06/02/2026	S		5	D	$1.7398	237,998	I	See Footnotes⁽¹⁾⁽²⁾
Class A Ordinary Shares, par value US$0.015 per share	06/02/2026	06/02/2026	S		100	D	$1.7398	237,898	I	See Footnotes⁽¹⁾⁽²⁾
Class A Ordinary Shares, par value US$0.015 per share	06/02/2026	06/02/2026	S		1,000	D	$1.7397	236,898	I	See Footnotes⁽¹⁾⁽²⁾
Class A Ordinary Shares, par value US$0.015 per share	06/02/2026	06/02/2026	S		20	D	$1.7398	236,878	I	See Footnotes⁽¹⁾⁽²⁾
Class A Ordinary Shares, par value US$0.015 per share	06/02/2026	06/02/2026	S		300	D	$1.7397	236,578	I	See Footnotes⁽¹⁾⁽²⁾
Class A Ordinary Shares, par value US$0.015 per share	06/02/2026	06/02/2026	P		1,000	A	$1.75	237,578	I	See Footnotes⁽¹⁾⁽²⁾
Class A Ordinary Shares, par value US$0.015 per share	06/02/2026	06/02/2026	S		40	D	$1.7399	237,538	I	See Footnotes⁽¹⁾⁽²⁾
Class A Ordinary Shares, par value US$0.015 per share	06/04/2026	06/04/2026	S	V	169,820	D	$0.33	67,718	I	See Footnotes⁽¹⁾⁽²⁾⁽³⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. This statement is being filed by the Jane Street Group, LLC. ("JS Group"), Jane Street Capital, LLC ("JSC") and Jane Street Global Trading, LLC ("JSGT") (all together with JS Group, the "Reporting Persons"). On June 2, 2026, the Reporting Persons increased their beneficial ownership of HiTek Global Inc. (the "Issuer") to above 10% of the outstanding Class A Ordinary Shares.

2. The Class A Ordinary Shares of the Issuer reported herein as indirectly purchased were beneficially owned directly by Jane Street Capital, LLC, Jane Street Global Trading, LLC and indirectly by JS Group.

3. After giving effect to this transaction, the Reporting Persons' beneficial ownership in the Issuer is below 10%.

	/s/ Jeremy Kahn (Authorized Signatory)	06/04/2026
	** Signature of Reporting Person	Date
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 4 (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 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Jane Street report for HiTek Global (HKIT)?

Jane Street Group, LLC and affiliates reported multiple open-market trades in HiTek Global Class A Ordinary Shares, including small buys and sells on June 2, 2026 and a large June 4, 2026 sale, according to the Form 4 filing’s transaction table and footnotes.

How many HiTek Global (HKIT) shares did Jane Street sell and buy?

The Form 4 shows total sales of 172,431 Class A Ordinary Shares and total purchases of 1,093 shares. This results in a net sale of 171,338 shares across the reported transactions, combining all open-market purchases and open-market sales in the filing’s transaction summary.

What was the largest single trade Jane Street made in HiTek Global (HKIT)?

The largest single trade was an open-market sale of 169,820 Class A Ordinary Shares on June 4, 2026 at a price of $0.33 per share. After this transaction, the filing reports 67,718 HiTek Global Class A Ordinary Shares indirectly owned by the reporting persons.

At what prices did Jane Street trade HiTek Global (HKIT) shares?

On June 2, 2026, reported trades occurred mostly between about $1.66 and $1.75 per share, including purchases and sales. On June 4, 2026, a large block of 169,820 shares was sold at $0.33 per share, according to the transaction detail fields in the filing.

How did Jane Street’s ownership percentage in HiTek Global (HKIT) change?

Footnotes state the reporting persons’ beneficial ownership of HiTek Global Class A Ordinary Shares rose above 10% on June 2, 2026. After giving effect to the reported transactions, another footnote explains their beneficial ownership in the issuer is below 10%, bringing them under that threshold again.

How many HiTek Global (HKIT) shares does Jane Street hold after these trades?

After the June 4, 2026 sale of 169,820 shares at $0.33 per share, the filing lists 67,718 Class A Ordinary Shares indirectly owned. Earlier transactions on June 2 showed up to 238,526 shares following certain trades, before the later reduction in the disclosed holdings.