K Wave Media (KWM) director reports 466,642 directly owned shares in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
K Wave Media Ltd. director Chong Yang Kan filed an initial Form 3 showing beneficial ownership of Ordinary Shares. The filing reports direct ownership of 466,642 Ordinary Shares, par value $0.0001 per share, establishing the director’s starting equity position in the company without reporting any new buy or sell transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chong Yang Kan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares, par value $0.0001 per share | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares, par value $0.0001 per share — 466,642 shares (Direct)
Footnotes (1)
Key Figures
Ordinary Shares held: 466,642 shares
Par value per share: $0.0001 per share
2 metrics
Ordinary Shares held
466,642 shares
Directly owned following reported holdings entry
Par value per share
$0.0001 per share
Ordinary Shares of K Wave Media Ltd.
Key Terms
Form 3, beneficial ownership, Ordinary Shares
3 terms
Form 3 regulatory
"filed an initial Form 3 showing beneficial ownership"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"showing beneficial ownership of Ordinary Shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What does Chong Yang Kan’s Form 3 filing for KWM report?
The Form 3 reports that director Chong Yang Kan beneficially owns 466,642 Ordinary Shares of K Wave Media Ltd. It establishes his initial disclosed equity position but does not show any new purchase or sale activity.
What type of security is reported in KWM director Chong Yang Kan’s Form 3?
The Form 3 reports Ordinary Shares of K Wave Media Ltd. with a par value of $0.0001 per share. These are the company’s common equity securities, and 466,642 shares are disclosed as directly owned.
Does the KWM Form 3 show any derivative or option positions for Chong Yang Kan?
No derivative or option positions are listed. The filing only shows direct ownership of 466,642 Ordinary Shares. The derivative section is empty, indicating no reportable options, warrants, or other derivative securities in this particular Form 3.