Neutron Holdings (LIME) director share sale and $4.9M buyback detail
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Neutron Holdings director Bao Zhoujia reported multiple equity transactions. On July 2, 2026, he completed an open-market sale of 73,397 common shares at $25 while also converting preferred stock and other derivatives into common shares and exercising a warrant through a trust. Earlier, on March 13, 2026, the company repurchased 127,523 of his shares for $4,876,106 to repay a promissory note. After these moves, he continues to hold a significant stake through direct and trust accounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 73,397 shares ($1,834,925)
Net Sell
13 txns
Insider
Bao Zhoujia
Role
Director
Sold
73,397 shs ($1.83M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Series A-1 Preferred Stock | 32,798 | $0.00 | -- |
| X | Stock Warrant (Right to Buy) | 1,616 | $0.00 | -- |
| X | Common Stock | 1,616 | $6.72 | $11K |
| Tax Withholding | Common Stock | 435 | $25.00 | $11K |
| Conversion | Common Stock | 32,798 | $0.00 | -- |
| Sale | Common Stock | 73,397 | $25.00 | $1.83M |
| Grant/Award | Common Stock | 5,627 | $0.00 | -- |
| Conversion | Convertible Notes | 0 | $0.00 | -- |
| Conversion | Common Stock | 20,102 | $0.00 | -- |
| Disposition | Common Stock | 127,523 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Series A-1 Preferred Stock — 0 shares (Direct);
Stock Warrant (Right to Buy) — 0 shares (Indirect, By Bao Trust Dated Mar-10 2020);
Common Stock — 21,718 shares (Indirect, By Bao Trust Dated Mar-10 2020);
Common Stock — 742,256 shares (Direct);
Convertible Notes — 0 shares (Indirect, By Bao Trust Dated Mar-10 2020)
Footnotes (1)
- This transaction occurred prior to the Issuer's registration of a class of equity securities under Section 12 of the Securities Exchange Act of 1934, as amended, in connection with the Issuer's initial public offering ("IPO"), and is reported herein pursuant to Rule 16a-2(a). On March 13, 2026, the Issuer repurchased 127,523 shares of the Reporting Person's Common Stock at the fair market value of the Issuer's Common Stock as of March 13, 2026 (for an aggregate purchase price of $4,876,106) as repayment for the Reporting Person's promissory note. On May 7, 2020, the Issuer issued to the Reporting Person's trust, Bao Trust Dated Mar-10 2020, a convertible note with a principal amount of approximately $270,628 (the "2020 Note"). The 2020 Note accrues non-compounding interest at a rate of 4.0% per annum and matures seven years following the date of issuance, unless earlier converted pursuant to its terms. At the execution of the underwriting agreement in connection with the IPO, the outstanding principal balance of the 2020 Note plus any accrued and unpaid interest automatically converted into shares of Common Stock at a ratio based on a conversion price equal to $340.0 million plus any consideration paid by the noteholder for the 2020 Note divided by the Issuer's fully-diluted capitalization on August 5, 2020. Represents an award of restricted stock units ("RSUs"), which vests on the earlier of (i) the one-year anniversary of the award's vesting commencement date and (ii) immediately before the Issuer's first annual meeting following the award's vesting commencement date, subject to the Reporting Person's continuous service to the Issuer. Represents the withholding of shares of Common Stock upon the exercise of the Stock Warrant; not an open market transaction. Each share of the Issuer's convertible preferred stock automatically converted into one share of Common Stock upon the closing of the Issuer's IPO.
Key Figures
Director sale: 73,397 shares at $25
Post-sale direct holdings: 668,859 shares
Issuer share repurchase: 127,523 shares for $4,876,106
+5 more
8 metrics
Director sale
73,397 shares at $25
Open-market sale of common stock on July 2, 2026
Post-sale direct holdings
668,859 shares
Common stock directly held after July 2, 2026 sale
Issuer share repurchase
127,523 shares for $4,876,106
Repurchase of director’s shares on March 13, 2026
RSU award
5,627 units
Restricted stock units granted July 1, 2026
Preferred conversion
32,798 shares
Series A-1 preferred stock converted to common
Warrant exercise
1,616 shares at $6.72
Stock warrant exercised by Bao Trust dated Mar-10 2020
Tax withholding shares
435 shares
Shares withheld upon warrant exercise, not open-market
Convertible note principal
$270,628
2020 note issued to Bao Trust at 4.0% interest
Key Terms
open-market sale, restricted stock units ("RSUs"), convertible note, Stock Warrant, +2 more
6 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs"), which vests"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
convertible note financial
"issued to the Reporting Person's trust ... a convertible note with a principal amount"
A convertible note is a type of loan that a company gets from investors, which can later be turned into company shares instead of being paid back in cash. It matters because it helps startups raise money quickly without setting a fixed value for the company right away, making it easier to grow and attract investors.
Stock Warrant financial
"Represents the withholding of shares of Common Stock upon the exercise of the Stock Warrant"
Convertible Notes financial
"security_title: "Convertible Notes""
Convertible notes are a type of short-term loan that a company receives from investors, which can later be turned into company shares instead of being paid back in cash. They matter to investors because they offer a way to support a company early on while giving the potential to own a stake in its success if the company grows and later raises more funding.
initial public offering ("IPO") financial
"in connection with the Issuer's initial public offering ("IPO")"
A company’s first sale of stock to the public through a stock exchange, marking its move from private ownership to public ownership. For investors it creates a new opportunity to buy a stake early, sets a market price for the business, and often brings higher attention and volatility—think of a local bakery that used to be family-run finally selling shares so the whole neighborhood can own a piece; that change affects value, control and risk.
FAQ
What did Neutron Holdings (LIME) director Bao Zhoujia report in this Form 4?
Bao Zhoujia reported several equity transactions, including an open-market sale of 73,397 Neutron Holdings common shares at $25 and multiple conversions of preferred stock and other derivatives into common stock, plus a warrant exercise through a trust structure.
What derivative conversions are described for Neutron Holdings (LIME) in this filing?
The filing describes conversions of Series A-1 preferred stock and a convertible note into common stock, including 32,798 shares converted from preferred and 20,102 shares from a trust-held convertible note, reflecting pre-IPO instruments turning into common equity holdings.
Were any Neutron Holdings (LIME) awards or tax-withholding transactions reported?
Yes. The director received a grant of 5,627 restricted stock units that vest based on service and corporate meeting timing. Additionally, 435 shares of common stock were withheld to satisfy obligations upon exercising a stock warrant, which the filing notes was not an open-market trade.
How did pre-IPO instruments in Neutron Holdings (LIME) factor into this Form 4?
Pre-IPO instruments included a roughly $270,628 convertible note accruing 4% interest and convertible preferred stock. Upon the IPO-related triggers, these securities automatically converted into Neutron Holdings common stock as described in the filing’s detailed footnotes.