Luda Technology (LUD) CEO reports 20M-share indirect stake

Rhea-AI Filing Summary

Luda Technology Group Ltd filed an initial insider ownership report for Chief Executive Officer and director Ma Biu, who is also a ten percent owner. The filing shows indirect ownership of 20,000,000 Ordinary Shares held through Diamond Horses Group Limited and records this position without reporting any new transactions.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ma Biu

Role Chief Executive Officer

Type	Security	Shares	Price	Value
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Ordinary Shares — 20,000,000 shares (Indirect, By Diamond Horses Group Limited)

Footnotes (1)

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Ma Biu

(Last) (First) (Middle)

ROOMS 1604-1605, 16/F, YF LIFE CENTRE,

38 GLOUCESTER ROAD

(Street)

WANCHAI

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Luda Technology Group Ltd [ LUD ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares	20,000,000	I	By Diamond Horses Group Limited

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Ma Biu	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Ma Biu's Form 3 filing for LUD report?

The Form 3 reports Ma Biu’s existing insider stake in Luda Technology Group Ltd. It lists indirect ownership of 20,000,000 Ordinary Shares held through Diamond Horses Group Limited, establishing his status as a director, Chief Executive Officer, and ten percent owner.

How many Luda Technology (LUD) shares does Ma Biu indirectly own?

The filing shows indirect ownership of 20,000,000 Ordinary Shares. These shares are held through Diamond Horses Group Limited, indicating a substantial economic interest and confirming Ma Biu as a significant insider and ten percent owner of Luda Technology Group Ltd.

Were any Luda Technology (LUD) shares bought or sold in this Form 3?

No new share purchases or sales are reported in this Form 3. It functions as an initial statement of beneficial ownership, simply recording Ma Biu’s indirect holding of 20,000,000 Ordinary Shares through Diamond Horses Group Limited at the time of filing.

How are Ma Biu’s Luda Technology (LUD) shares held?

The Form 3 states the 20,000,000 Ordinary Shares are held indirectly. Ownership is reported as "By Diamond Horses Group Limited," meaning the position is attributed through that entity rather than directly in Ma Biu’s own name.

What roles does Ma Biu hold at Luda Technology Group Ltd?

Ma Biu is identified as a director, Chief Executive Officer, and a ten percent owner of Luda Technology Group Ltd. These roles, combined with the reported 20,000,000-share indirect stake, classify him as a key insider at the company.