Studio City (NYSE: MSC) director discloses 3,360 Class A shares in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
STUDIO CITY INTERNATIONAL HOLDINGS Ltd director Clarence YM Chung filed an initial ownership report on Form 3. The filing shows beneficial ownership of 3,360 Class A ordinary shares. Some of these Class A shares are represented by American Depositary Shares, with each ADS representing four Class A ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chung Clarence YM
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A ordinary shares, par value US$0.0001 | -- | -- | -- |
Holdings After Transaction:
Class A ordinary shares, par value US$0.0001 — 3,360 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What does Clarence YM Chung’s Form 3 filing for MSC report?
The Form 3 filing reports Clarence YM Chung’s initial beneficial ownership in STUDIO CITY INTERNATIONAL HOLDINGS Ltd, showing 3,360 Class A ordinary shares. This establishes his baseline holdings as a director, without indicating any recent purchase or sale transactions.
What role does Clarence YM Chung hold at STUDIO CITY (MSC)?
Clarence YM Chung is identified as a director of STUDIO CITY INTERNATIONAL HOLDINGS Ltd. As a director, he must disclose his equity holdings in the company via Form 3, providing transparency into insider ownership for investors and regulators.
How are ADSs described in the STUDIO CITY (MSC) Form 3?
The Form 3 notes that holdings include Class A ordinary shares represented by American Depositary Shares (ADS). Each ADS represents four Class A ordinary shares, clarifying how some of the director’s economic interest is held through depositary receipts rather than directly as ordinary shares.
Does the MSC Form 3 show any insider buying or selling activity?
The Form 3 is an initial ownership statement and in this case does not show any explicit buy or sell transaction. It records a holding entry of 3,360 Class A ordinary shares, establishing the director’s position rather than reporting a new trade.