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[6-K] Nano Labs Ltd Current Report (Foreign Issuer)

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Rhea-AI Filing Summary

Galecto, Inc. (GLTO) – Form 4 insider transaction

Interim CFO Lori Firmani settled 374 restricted stock units (RSUs) on 07/03/2025, receiving an equivalent number of common shares. To satisfy withholding taxes associated with the vesting, 147 shares were automatically sold at $3.39 per share under the company’s 2020 Equity Incentive Plan, a non-discretionary sale required by plan rules. After the transactions, Firmani directly holds 692 common shares and 1,100 unvested/settled RSUs. The filing reflects routine equity compensation activity and does not signal a strategic change in insider ownership.

Galecto, Inc. (GLTO) – Transazione interna Form 4

La CFO ad interim Lori Firmani ha liquidato 374 unità azionarie vincolate (RSU) il 03/07/2025, ricevendo un numero equivalente di azioni ordinarie. Per coprire le tasse di ritenuta relative alla maturazione, 147 azioni sono state automaticamente vendute a 3,39 $ ciascuna secondo il Piano di Incentivi Azionari 2020 della società, una vendita non discrezionale richiesta dalle regole del piano. Dopo queste operazioni, Firmani detiene direttamente 692 azioni ordinarie e 1.100 RSU non maturate/liquidate. La comunicazione riflette un’attività di compensazione azionaria di routine e non indica un cambiamento strategico nella proprietà interna.

Galecto, Inc. (GLTO) – Transacción interna Formulario 4

La CFO interina Lori Firmani liquidó 374 unidades restringidas de acciones (RSU) el 03/07/2025, recibiendo un número equivalente de acciones comunes. Para cubrir los impuestos retenidos asociados con la consolidación, 147 acciones se vendieron automáticamente a 3,39 $ por acción según el Plan de Incentivos de Capital 2020 de la empresa, una venta no discrecional requerida por las reglas del plan. Tras las transacciones, Firmani posee directamente 692 acciones comunes y 1.100 RSU no consolidadas/liquidadas. La presentación refleja una actividad rutinaria de compensación con acciones y no indica un cambio estratégico en la propiedad interna.

Galecto, Inc. (GLTO) – Form 4 내부자 거래

임시 CFO 로리 퍼마니는 2025년 7월 3일에 374개의 제한 주식 단위(RSU)를 정산하여 동일한 수의 보통주를 받았습니다. 취득과 관련된 원천징수세를 충당하기 위해, 147주가 회사의 2020년 주식 인센티브 계획에 따라 주당 3.39달러에 자동으로 매도되었으며, 이는 계획 규칙에 의해 요구되는 비재량적 매도입니다. 거래 후 퍼마니는 직접 692주의 보통주와 1,100개의 미취득/정산된 RSU를 보유하고 있습니다. 이 제출은 일상적인 주식 보상 활동을 반영하며 내부자 소유권의 전략적 변화를 나타내지 않습니다.

Galecto, Inc. (GLTO) – Transaction d’initié Formulaire 4

La CFO par intérim Lori Firmani a réglé 374 unités d’actions restreintes (RSU) le 03/07/2025, recevant un nombre équivalent d’actions ordinaires. Pour couvrir les taxes à la source liées à la consolidation, 147 actions ont été automatiquement vendues à 3,39 $ chacune dans le cadre du Plan d’Incitation en Actions 2020 de la société, une vente non discrétionnaire exigée par les règles du plan. Après ces opérations, Firmani détient directement 692 actions ordinaires et 1 100 RSU non consolidées/réglées. Le dépôt reflète une activité de rémunération en actions de routine et ne signale pas un changement stratégique dans la propriété des initiés.

Galecto, Inc. (GLTO) – Insider-Transaktion Form 4

Die interimistische CFO Lori Firmani hat am 03.07.2025 374 Restricted Stock Units (RSUs) abgewickelt und dafür eine entsprechende Anzahl von Stammaktien erhalten. Zur Begleichung der einbehaltenen Steuern im Zusammenhang mit der Vesting wurden 147 Aktien automatisch zu je 3,39 $ gemäß dem Aktienanreizplan 2020 des Unternehmens verkauft, ein nicht diskretionärer Verkauf, der durch die Planregeln vorgeschrieben ist. Nach den Transaktionen hält Firmani direkt 692 Stammaktien und 1.100 nicht vestierte/abgewickelte RSUs. Die Meldung spiegelt eine routinemäßige Aktienvergütungsaktivität wider und signalisiert keine strategische Änderung des Insiderbesitzes.

Positive
  • None.
Negative
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Insights

TL;DR: Routine RSU vesting with minor tax sale; negligible impact on GLTO valuation.

The Form 4 shows an automatic RSU settlement and tax-related sale by Interim CFO Lori Firmani. The net disposition is just 147 shares (<0.1% of shares outstanding), executed at $3.39 per share. Because the sale was mandated by the incentive plan, it provides little insight into management’s sentiment. Post-transaction ownership increases modestly through the vested shares while maintaining a sizable RSU balance (1,100 units) that further aligns the executive’s incentives with shareholders. Overall, the event is administratively important for compliance but not financially material to investors.

Galecto, Inc. (GLTO) – Transazione interna Form 4

La CFO ad interim Lori Firmani ha liquidato 374 unità azionarie vincolate (RSU) il 03/07/2025, ricevendo un numero equivalente di azioni ordinarie. Per coprire le tasse di ritenuta relative alla maturazione, 147 azioni sono state automaticamente vendute a 3,39 $ ciascuna secondo il Piano di Incentivi Azionari 2020 della società, una vendita non discrezionale richiesta dalle regole del piano. Dopo queste operazioni, Firmani detiene direttamente 692 azioni ordinarie e 1.100 RSU non maturate/liquidate. La comunicazione riflette un’attività di compensazione azionaria di routine e non indica un cambiamento strategico nella proprietà interna.

Galecto, Inc. (GLTO) – Transacción interna Formulario 4

La CFO interina Lori Firmani liquidó 374 unidades restringidas de acciones (RSU) el 03/07/2025, recibiendo un número equivalente de acciones comunes. Para cubrir los impuestos retenidos asociados con la consolidación, 147 acciones se vendieron automáticamente a 3,39 $ por acción según el Plan de Incentivos de Capital 2020 de la empresa, una venta no discrecional requerida por las reglas del plan. Tras las transacciones, Firmani posee directamente 692 acciones comunes y 1.100 RSU no consolidadas/liquidadas. La presentación refleja una actividad rutinaria de compensación con acciones y no indica un cambio estratégico en la propiedad interna.

Galecto, Inc. (GLTO) – Form 4 내부자 거래

임시 CFO 로리 퍼마니는 2025년 7월 3일에 374개의 제한 주식 단위(RSU)를 정산하여 동일한 수의 보통주를 받았습니다. 취득과 관련된 원천징수세를 충당하기 위해, 147주가 회사의 2020년 주식 인센티브 계획에 따라 주당 3.39달러에 자동으로 매도되었으며, 이는 계획 규칙에 의해 요구되는 비재량적 매도입니다. 거래 후 퍼마니는 직접 692주의 보통주와 1,100개의 미취득/정산된 RSU를 보유하고 있습니다. 이 제출은 일상적인 주식 보상 활동을 반영하며 내부자 소유권의 전략적 변화를 나타내지 않습니다.

Galecto, Inc. (GLTO) – Transaction d’initié Formulaire 4

La CFO par intérim Lori Firmani a réglé 374 unités d’actions restreintes (RSU) le 03/07/2025, recevant un nombre équivalent d’actions ordinaires. Pour couvrir les taxes à la source liées à la consolidation, 147 actions ont été automatiquement vendues à 3,39 $ chacune dans le cadre du Plan d’Incitation en Actions 2020 de la société, une vente non discrétionnaire exigée par les règles du plan. Après ces opérations, Firmani détient directement 692 actions ordinaires et 1 100 RSU non consolidées/réglées. Le dépôt reflète une activité de rémunération en actions de routine et ne signale pas un changement stratégique dans la propriété des initiés.

Galecto, Inc. (GLTO) – Insider-Transaktion Form 4

Die interimistische CFO Lori Firmani hat am 03.07.2025 374 Restricted Stock Units (RSUs) abgewickelt und dafür eine entsprechende Anzahl von Stammaktien erhalten. Zur Begleichung der einbehaltenen Steuern im Zusammenhang mit der Vesting wurden 147 Aktien automatisch zu je 3,39 $ gemäß dem Aktienanreizplan 2020 des Unternehmens verkauft, ein nicht diskretionärer Verkauf, der durch die Planregeln vorgeschrieben ist. Nach den Transaktionen hält Firmani direkt 692 Stammaktien und 1.100 nicht vestierte/abgewickelte RSUs. Die Meldung spiegelt eine routinemäßige Aktienvergütungsaktivität wider und signalisiert keine strategische Änderung des Insiderbesitzes.

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July 2025

 

Commission File Number: 001-41426

 

Nano Labs Ltd

(Exact name of registrant as specified in its charter)

 

China Yuangu Hanggang Technology Building

509 Qianjiang Road, Shangcheng District,

Hangzhou, Zhejiang, 310000

People’s Republic of China

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒         Form 40-F ☐

 

 

 

 

 

 

EXPLANATORY NOTE

 

The document attached as Exhibit 99.1 to this report on Form 6-K is hereby incorporated by reference into the Company’s Registration Statement on Form F-3, as amended, initially filed with the U.S. Securities and Exchange Commission on August 14, 2023 (Registration No. 333-273968) and shall be a part thereof from the date on which this current report is furnished, to the extent not superseded by documents or reports subsequently filed or furnished.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: July 8, 2025 Nano Labs Ltd
     
  By: /s/ Jianping Kong
  Name:  Jianping Kong
  Title: Chairman and Chief Executive Officer

 

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EXHIBIT INDEX

 

Exhibit No.   Description
     
99.1   Press Release

 

 

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FAQ

How many GLTO shares did the Interim CFO acquire and sell?

Lori Firmani acquired 374 shares through RSU settlement and automatically sold 147 shares to cover taxes.

What price were the GLTO shares sold for in the Form 4 filing?

The tax-related sale was executed at $3.39 per share.

How many GLTO shares does the CFO now directly own?

After the reported transactions, Firmani directly owns 692 common shares.

Does the Form 4 indicate discretionary insider selling?

No. The sale was mandated under the 2020 Equity Incentive Plan to cover withholding taxes, not a discretionary trade.

How many restricted stock units remain outstanding for the CFO?

Firmani still holds 1,100 RSUs that will vest in future periods, subject to continued employment.
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