Ispire Technology (NASDAQ: ISPR) co-CEO buys 8,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ispire Technology Inc. Co-Chief Executive Officer Michael Xue Wang reported multiple open-market purchases of the company’s common stock. Across several trades on February 24–26, he bought a total of 8,000 shares, all classified as direct ownership, bringing his directly held stake to 461,882 shares.
The filing also reports an indirect holding of 1,000,000 shares of common stock owned by Peak Group LLC, over which Mr. Wang has sole voting and dispositive power. This combination of direct and indirect positions highlights his substantial equity exposure to Ispire.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8,000 shares ($18,529)
Net Buy
8 txns
Insider
Wang Michael Xue
Role
Co-Chief Executive Officer
Bought
8,000 shs ($19K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,900 | $2.4052 | $5K |
| Purchase | Common Stock | 100 | $2.388 | $238.80 |
| Purchase | Common Stock | 1,084 | $2.34 | $3K |
| Purchase | Common Stock | 916 | $2.3599 | $2K |
| Purchase | Common Stock | 2,000 | $2.3044 | $5K |
| Purchase | Common Stock | 959 | $2.2081 | $2K |
| Purchase | Common Stock | 1,041 | $2.205 | $2K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 461,782 shares (Direct);
Common Stock — 1,000,000 shares (Indirect, By Peak Group LLC)
Footnotes (1)
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FAQ
What insider transactions did ISPR’s Michael Xue Wang report?
Michael Xue Wang reported several open-market purchases of Ispire common stock, totaling 8,000 shares. These trades occurred over February 24–26 and were all classified as direct ownership, increasing his directly held stake reported in the filing to 461,882 shares.
What indirect ownership in ISPR is disclosed for Peak Group LLC?
The filing shows an indirect holding of 1,000,000 Ispire common shares owned by Peak Group LLC. A footnote explains that Michael Xue Wang has sole voting and dispositive power over these shares, indicating he controls how this large indirect position is voted and potentially sold.