Director sale: JKS (NYSE: JKS) files to sell 320,000 ADS via UBS

Rhea-AI Filing Summary

JKS reported a proposed sale on 05/01/2023 via a Form 144: 320,000 ADS (each ADS representing 4 ordinary shares) listed with UBS Financial Services Inc. The filing lists the transaction method as Cash and references an ESOP.

Insights

Securities Compliance Counselor

Form 144 notice of a proposed sale of ADS by an ESOP via UBS.

The filing lists a proposed sale of 320,000 ADS (each representing 4 ordinary shares) with UBS Financial Services Inc. named as the broker and 05/01/2023 as the transaction date.

The filing is routine regulatory notice of an intended disposition; cash as the sale method is specified. Subsequent Form 4 or trade confirmations would show whether and when the sale completed.

Key Figures

ADS to be sold: 320,000 ADS ADS ratio: 4 ordinary shares per ADS Transaction date: 05/01/2023

3 metrics

ADS to be sold 320,000 ADS listed in Form 144 as securities to be sold

ADS ratio 4 ordinary shares per ADS ADS conversion ratio stated on the filing

Transaction date 05/01/2023 date shown alongside the securities to be sold

Key Terms

ADS, Form 144, ESOP

3 terms

ADS financial

"ADS (each representing four ordinary shares)"

Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.

Form 144 regulatory

"Filer Information | 144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

ESOP financial

"05/01/2023 | ESOP | Issuer"

An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
ADS (each representing four ordinary shares)	UBS Financial Services Inc 1000 Harbor Blvd 3rd Floor Weehawken NJ 07086	320000	7680000	52357338	05/13/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
ADS (each representing four ordinary shares)	05/01/2023	ESOP	Issuer			320000	05/01/2023	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does JKS's Form 144 disclose about the planned sale?

The Form 144 discloses a planned sale of 320,000 ADS (each ADS = 4 ordinary shares) with UBS Financial Services Inc. named as broker and 05/01/2023 listed as the transaction date.

Who is listed as the broker for the JKS ADS sale in the filing?

The filing names UBS Financial Services Inc. at 1000 Harbor Blvd, Weehawken, NJ as the broker for the proposed sale of 320,000 ADS on 05/01/2023.

How many ordinary shares does each ADS represent in the JKS filing?

Each American Depositary Share (ADS) represents 4 ordinary shares, so the disclosed 320,000 ADS correspond to the ADS ratio stated in the filing dated 05/01/2023.

What sale method and source are specified in the JKS Form 144?

The filing lists the sale method as Cash and identifies the source as an ESOP, indicating the shares come from the employee stock ownership plan according to the Form 144 entry.