Metalink Ltd (MTLK) CFO discloses 670,000-share indirect ownership
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
METALINK LTD CFO Daniel Magen has filed an initial Form 3 showing an indirect holding of 670,000 Ordinary Shares. These shares are owned through Top alpha capital, in which Magen owns 100% of the shares, so his interest is reported as indirect ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Magen Daniel
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 670,000 shares (Indirect, Daniel owns 100% of the shares of Top alpha capital that owns those 670000 shares)
Footnotes (1)
Key Figures
Indirect Ordinary Shares held: 670,000 shares
1 metrics
Indirect Ordinary Shares held
670,000 shares
Total Ordinary Shares indirectly owned via Top alpha capital
Key Terms
Ordinary Shares, indirect, Form 3
3 terms
indirect financial
""ownership_type": "indirect""
Form 3 regulatory
"INSIDER FILING DATA (Form 3)"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
FAQ
What insider position does METALINK LTD (MTLK) CFO Daniel Magen report on this Form 3?
Daniel Magen reports indirect ownership of 670,000 Ordinary Shares of METALINK LTD. The filing is an initial Form 3, which discloses his existing beneficial holdings rather than a new purchase or sale of shares.
Does this METALINK LTD Form 3 show any insider buying or selling activity?
No, this Form 3 shows a holding entry only, with no buy or sell transactions reported. It simply establishes Daniel Magen’s indirect ownership of 670,000 Ordinary Shares as CFO and insider of METALINK LTD.
What does indirect ownership mean in METALINK LTD CFO Daniel Magen’s Form 3?
Indirect ownership means the shares are held through another entity rather than directly. Here, Top alpha capital owns 670,000 Ordinary Shares of METALINK LTD, and Daniel Magen owns 100% of Top alpha capital’s shares.
Why is METALINK LTD CFO Daniel Magen required to file this Form 3?
As a CFO and director of METALINK LTD, Daniel Magen is a reporting insider. Form 3 is required to disclose his initial beneficial ownership position, here 670,000 Ordinary Shares held indirectly through Top alpha capital.