Jane Street trims HiTek Global stake with share sales
HiTek Global Inc. insider Jane Street Group, LLC and affiliates reported mixed open-market trades in Class A Ordinary Shares.
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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
| 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 |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. After giving effect to this transaction, the Reporting Persons' beneficial ownership in the Issuer is below 10%.
Key Figures
Key Terms
beneficial ownership financial
ten percent owner regulatory
open-market sale financial
open-market purchase financial
FAQ
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