Luckin Coffee (LKNCY) CFO An Jing sells 6,756 ADS, retains 277,544
Rhea-AI Filing Summary
Luckin Coffee Inc. Chief Financial Officer An Jing reported an open-market sale of 6,756 American Depositary Shares (ADS) at a price of $32.45 per ADS. After this transaction, he directly holds 277,544 ADS, indicating he retains a substantial equity stake in the company.
Positive
- None.
Negative
- None.
Insights
Luckin Coffee’s CFO disclosed a modest open-market share sale while retaining a large remaining stake.
The filing shows CFO An Jing executed an open-market sale of 6,756 American Depositary Shares at $32.45 per ADS. This is a straightforward insider sale, with no derivatives, tax-withholding entries, or restructuring transactions disclosed in the data.
Following the sale, he directly holds 277,544 ADS, which indicates continued sizable exposure to Luckin Coffee Inc. equity. The transaction summary classifies activity as a net-sell of 6,756 shares. Each ADS represents eight Class A Ordinary Shares, but the filing focuses on ADS units.
Based on the available figures, this appears as a single open-market sale rather than part of a broader pattern described in the data. Subsequent company filings would provide any additional context if further transactions occur or if trading plans are later disclosed.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American Depositary Shares | 6,756 | $32.45 | $219K |
Footnotes (1)
- [object Object]