MOGU (NYSE: MOGU) director Chen Qi adds 15,000 ADS in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MOGU Inc. director Chen Qi reported an open-market purchase of 15,000 American Depositary Shares (ADS) at $1.675 per ADS. After this trade, Chen Qi directly holds 911,168 ADS, in addition to 10,672,523 Class A Ordinary Shares held directly.
Chen Qi also reports indirect ownership of 83,082,038 Class B Ordinary Shares through Elevenhalf MG Holding Limited and 220,151,966 Class B Ordinary Shares through Elevenhalf MG International Limited. A footnote states that each ADS represents 300 Class A ordinary shares, linking the ADS position to the underlying equity.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 15,000 shares ($25,125)
Net Buy
4 txns
Insider
Chen Qi
Role
null
Bought
15,000 shs ($25K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | American Depositary Shares | 15,000 | $1.675 | $25K |
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class B Ordinary Shares | -- | -- | -- |
| holding | Class B Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
American Depositary Shares — 911,168 shares (Direct, null);
Class A Ordinary Shares — 10,672,523 shares (Direct, null);
Class B Ordinary Shares — 220,151,966 shares (Indirect, Elevenhalf MG International Limited)
Footnotes (1)
- [object Object]
Key Figures
ADS purchased: 15,000 ADS
Purchase price: $1.675 per ADS
ADS held after transaction: 911,168 ADS
+4 more
7 metrics
ADS purchased
15,000 ADS
Open-market purchase at $1.675 per ADS
Purchase price
$1.675 per ADS
Open-market transaction
ADS held after transaction
911,168 ADS
Direct ownership after purchase
Direct Class A Ordinary Shares
10,672,523 shares
Direct ownership position
Indirect Class B via Elevenhalf MG Holding
83,082,038 shares
Indirect ownership
Indirect Class B via Elevenhalf MG International
220,151,966 shares
Indirect ownership
ADS to Class A ratio
1 ADS : 300 Class A
Footnote conversion ratio
Key Terms
American Depositary Shares, open-market purchase, Class A Ordinary Shares, Class B Ordinary Shares, +1 more
5 terms
open-market purchase financial
"15,000 American Depositary Shares (ADS) at $1.675 per ADS in an open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
"Chen Qi also reports indirect ownership of 83,082,038 Class B Ordinary Shares"
FAQ
What insider transaction did Chen Qi report for MOGU (MOGU)?
Chen Qi reported buying 15,000 American Depositary Shares of MOGU at $1.675 per ADS in an open-market transaction. This acquisition increases his direct ADS holdings and signals additional personal capital committed to the company’s equity.
How many MOGU ADS does Chen Qi hold after this Form 4 filing?
After the reported transaction, Chen Qi directly holds 911,168 MOGU American Depositary Shares. This figure reflects his updated ADS position following the 15,000-share open-market purchase at $1.675 per ADS disclosed in the Form 4.