[Form 4] Ilustrato Pictures International Inc. Insider Trading Activity
Ilustrato Pictures International Inc. director filed a Form 4 reporting multiple open-market dispositions of the issuer's ordinary shares on 09/25/2025 and 09/26/2025. The reporting person sold 500 shares at $2,500, 500 shares at $2,750, 500 shares at $2,387.95 and 614 shares at $3,004.93, leaving 3,502 shares beneficially owned after the transactions. The form is signed by Nicolas Link on 09/29/2025.
- None.
- Director sold 2,114 ordinary shares across 09/25/2025 and 09/26/2025 (500, 500, 500, and 614 shares respectively).
- Post-transaction beneficial ownership decreased to 3,502 shares as shown on the Form 4.
Insights
TL;DR: Director executed multiple small block sales over two days, reducing holdings to 3,502 shares; transactions appear routine rather than company-changing.
The reported disposals total 2,114 ordinary shares across two dates with prices shown as $2,500, $2,750, $2,387.95 and $3,004.93. Given the post-transaction ownership of 3,502 shares, these trades represent a reduction but do not indicate any disclosed material corporate development or derivative activity. No revenue, earnings, or other operational metrics are included in this filing.
TL;DR: Form 4 discloses insider sales by a director; disclosure is appropriate but no explanatory context is provided.
The filing identifies the reporting person as a director and shows direct dispositions only. The form contains the required signature and date. There is no indication of transactions being part of a Rule 10b5-1 plan, no derivatives reported, and no related-party or indirect ownership notes. From a governance standpoint, the document meets disclosure requirements but provides no narrative on the reason for sales.