New Horizon Aircraft COO Buys 656 Shares, Expanding Stake to 266,624 Shares
New Horizon Aircraft Chief Operating Officer and Director Jason Michael O'Neill reported an insider purchase of 656 Class A Ordinary Shares on June 23, 2025.
Rhea-AI Filing Summary
New Horizon Aircraft Chief Operating Officer and Director Jason Michael O'Neill reported an insider purchase of 656 Class A Ordinary Shares on June 23, 2025. The shares were acquired at a weighted average price of $2.25 per share, with actual purchase prices ranging from $2.250 to $2.310.
Following this transaction, O'Neill now directly owns 266,624 Class A Ordinary Shares of New Horizon Aircraft. The purchase was executed as a standard market transaction and was reported within the required filing deadline.
Key Transaction Details:
- Transaction Type: Direct Purchase
- Total Transaction Value: Approximately $1,476
- Filing Date: June 28, 2025
- Position: Chief Operating Officer and Director
- Transaction Code: P (Open market purchase)
Positive
- COO Jason O'Neill purchased 656 shares at an average price of $2.25, demonstrating insider confidence through open market purchase
- COO maintains a significant position of 266,624 shares following the transaction
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Ordinary Shares without par value | 656 | $2.25 | $1K |
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.250 to $2.310, inclusive. The reporting person undertakes to provide to New Horizon Aircraft Ltd. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range.
FAQ
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What positions does Jason O'Neill hold at New Horizon Aircraft (HOVRW)?
Was Jason O'Neill's HOVRW stock purchase made under a 10b5-1 trading plan?
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