Nano Labs Ltd (NA) director Hu Nan sells 4,092 Class A shares

Rhea-AI Filing Summary

Nano Labs Ltd director Hu Nan reported multiple secondary-market sales totaling 4,092 Class A Common shares on April 20, 2026, at prices between $2.57 and $2.77 per share. These trades involved Class A Common Stock with par value $0.002 per share, and Hu Nan continues to hold 49,316 shares directly afterward.

Insider Trade Summary

Net Seller: 4,092 shares

Net Sell 18 txns

Insider Hu Nan

Role Director

Sold 4,092 shs ($11K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock, par value $0.002 per share	100	$2.77	$277.00
Sale	Class A Common Stock, par value $0.002 per share	25	$2.77	$69.25
Sale	Class A Common Stock, par value $0.002 per share	100	$2.77	$277.00
Sale	Class A Common Stock, par value $0.002 per share	600	$2.77	$2K
Sale	Class A Common Stock, par value $0.002 per share	100	$2.77	$277.00
Sale	Class A Common Stock, par value $0.002 per share	100	$2.77	$277.00
Sale	Class A Common Stock, par value $0.002 per share	200	$2.77	$554.00
Sale	Class A Common Stock, par value $0.002 per share	100	$2.77	$277.00
Sale	Class A Common Stock, par value $0.002 per share	67	$2.77	$185.59
Sale	Class A Common Stock, par value $0.002 per share	1	$2.72	$2.72
Sale	Class A Common Stock, par value $0.002 per share	499	$2.70	$1K
Sale	Class A Common Stock, par value $0.002 per share	500	$2.70	$1K
Sale	Class A Common Stock, par value $0.002 per share	500	$2.70	$1K
Sale	Class A Common Stock, par value $0.002 per share	500	$2.70	$1K
Sale	Class A Common Stock, par value $0.002 per share	7	$2.63	$18.41
Sale	Class A Common Stock, par value $0.002 per share	1	$2.63	$2.63
Sale	Class A Common Stock, par value $0.002 per share	492	$2.62	$1K
Sale	Class A Common Stock, par value $0.002 per share	200	$2.57	$514.00

Holdings After Transaction: Class A Common Stock, par value $0.002 per share — 49,316 shares (Direct)

Footnotes (2)

1. F1. Represents numbers of shares sold by secondary market transactions
2. F2. Represents the price of the shares sold by secondary market transactions.

Key Figures

Shares sold: 4092 shares Lowest sale price: $2.5700 per share Highest sale price: $2.7700 per share +1 more

4 metrics

Shares sold 4092 shares Total Nano Labs Class A Common Stock sold by Hu Nan on April 20, 2026

Lowest sale price $2.5700 per share Lowest per-share price among Hu Nan’s reported Nano Labs sales on April 20, 2026

Highest sale price $2.7700 per share Highest per-share price among Hu Nan’s reported Nano Labs sales on April 20, 2026

Post-transaction holdings 49,316 shares Director Hu Nan’s direct holdings of Nano Labs Class A Common Stock after the reported sales

Key Terms

Class A Common Stock, par value, secondary market transactions

3 terms

Class A Common Stock financial

"Security title: Class A Common Stock, par value $0.002 per share"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

par value financial

"Class A Common Stock, par value $0.002 per share"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

secondary market transactions market

"Represents numbers of shares sold by secondary market transactions"

Trades of stocks, bonds or other securities that take place between investors after the initial sale, where the issuing company is not the buyer or seller. These transactions create liquidity and reveal market prices—like a public resale market for event tickets—so they matter to investors because they determine how easily an asset can be bought or sold, influence its market value, and signal market sentiment and transaction costs.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 04/22/2026 - 07:58 AM Learn about SEC filing dates

FAQ

What insider share sales did Nano Labs Ltd (NA) disclose on April 20, 2026?

Nano Labs Ltd reported that director Hu Nan sold 4,092 Class A Common shares on April 20, 2026. The transactions were secondary-market trades at prices between $2.57 and $2.77 per share, all in Nano Labs’ Class A Common Stock.

How many Nano Labs (NA) shares did Hu Nan sell, and at what price range?

Director Hu Nan sold 4,092 Nano Labs Class A shares in multiple trades. The reported sale prices ranged from $2.57 to $2.77 per share, reflecting several small-lot transactions executed in the secondary market on April 20, 2026.

What is Hu Nan’s remaining Nano Labs (NA) shareholding after these Form 4 sales?

After the reported secondary-market sales, Hu Nan directly holds 49,316 Nano Labs Class A Common shares. This post-transaction holding reflects his remaining direct ownership position in the company’s Class A Common Stock following the 4,092-share sale.

Were Hu Nan’s Nano Labs (NA) share sales made under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox was not marked, so these sales were not affirmatively reported as being under a Rule 10b5-1 trading plan. The trades are disclosed as ordinary secondary-market transactions by the director.

What type of security was involved in Hu Nan’s Nano Labs (NA) Form 4 transactions?

All reported trades involved Class A Common Stock of Nano Labs Ltd, with par value $0.002 per share. The Form 4 shows multiple secondary-market sales of this Class A Common Stock by director Hu Nan on April 20, 2026.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hu Nan

(Last) (First) (Middle)

ROOM 901, NO. 512 HAIYANG WEST ROAD

PUDONG NEW AREA

(Street)

SHANGHAI 200124

(City) (State) (Zip)

CHINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Nano Labs Ltd [ NA ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/20/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock, par value $0.002 per share	04/20/2026		S		100(1)	D	$2.77(2)	53,308	D
Class A Common Stock, par value $0.002 per share	04/20/2026		S		25(1)	D	$2.77(2)	53,283	D
Class A Common Stock, par value $0.002 per share	04/20/2026		S		100(1)	D	$2.77(2)	53,183	D
Class A Common Stock, par value $0.002 per share	04/20/2026		S		600(1)	D	$2.77(2)	52,583	D
Class A Common Stock, par value $0.002 per share	04/20/2026		S		100(1)	D	$2.77(2)	52,483	D
Class A Common Stock, par value $0.002 per share	04/20/2026		S		100(1)	D	$2.77(2)	52,383	D
Class A Common Stock, par value $0.002 per share	04/20/2026		S		200(1)	D	$2.77(2)	52,183	D
Class A Common Stock, par value $0.002 per share	04/20/2026		S		100(1)	D	$2.77(2)	52,083	D
Class A Common Stock, par value $0.002 per share	04/20/2026		S		67(1)	D	$2.77(2)	52,016	D
Class A Common Stock, par value $0.002 per share	04/20/2026		S		1(1)	D	$2.72(2)	52,015	D
Class A Common Stock, par value $0.002 per share	04/20/2026		S		499(1)	D	$2.7(2)	51,516	D
Class A Common Stock, par value $0.002 per share	04/20/2026		S		500(1)	D	$2.7(2)	51,016	D
Class A Common Stock, par value $0.002 per share	04/20/2026		S		500(1)	D	$2.7(2)	50,516	D
Class A Common Stock, par value $0.002 per share	04/20/2026		S		500(1)	D	$2.7(2)	50,016	D
Class A Common Stock, par value $0.002 per share	04/20/2026		S		7(1)	D	$2.63(2)	50,009	D
Class A Common Stock, par value $0.002 per share	04/20/2026		S		1(1)	D	$2.63(2)	50,008	D
Class A Common Stock, par value $0.002 per share	04/20/2026		S		492(1)	D	$2.62(2)	49,516	D
Class A Common Stock, par value $0.002 per share	04/20/2026		S		200(1)	D	$2.57(2)	49,316	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents numbers of shares sold by secondary market transactions

2. Represents the price of the shares sold by secondary market transactions.

	/s/ NAN HU	04/22/2026
	** 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 4 (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 4: SEC 1474 (03-26)