Nano Labs (NA) director Hu Nan sells 1,633 shares in market trades

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Nano Labs Ltd director Hu Nan reported multiple open-market sales of Class A Common Stock. On April 17, 2026, Hu Nan sold a total of 1,633 shares at prices between $2.77 and $2.86 per share in secondary market transactions. Following these sales, Hu Nan directly owned 54,941 shares of Nano Labs Class A Common Stock.

Insider Trade Summary

Net Seller: 1,633 shares ($4,664)

Net Sell 10 txns

Insider Hu Nan

Role null

Sold 1,633 shs ($5K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock, par value $0.002 per share	100	$2.83	$283.00
Sale	Class A Common Stock, par value $0.002 per share	500	$2.86	$1K
Sale	Class A Common Stock, par value $0.002 per share	765	$2.86	$2K
Sale	Class A Common Stock, par value $0.002 per share	235	$2.86	$672.10
Sale	Class A Common Stock, par value $0.002 per share	3	$2.77	$8.31
Sale	Class A Common Stock, par value $0.002 per share	5	$2.77	$13.85
Sale	Class A Common Stock, par value $0.002 per share	4	$2.77	$11.08
Sale	Class A Common Stock, par value $0.002 per share	1	$2.77	$2.77
Sale	Class A Common Stock, par value $0.002 per share	10	$2.77	$27.70
Sale	Class A Common Stock, par value $0.002 per share	10	$2.77	$27.70

Holdings After Transaction: Class A Common Stock, par value $0.002 per share — 54,941 shares (Direct, null)

Footnotes (1)

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

Key Figures

Shares sold: 1,633 shares Sale price range: $2.77–$2.86 per share Shares held after transactions: 54,941 shares

3 metrics

Shares sold 1,633 shares Total open-market sales on April 17, 2026

Sale price range $2.77–$2.86 per share Prices for reported open-market sales

Shares held after transactions 54,941 shares Direct ownership following April 17, 2026 sales

Key Terms

open-market sale, secondary market transactions, Class A Common Stock

3 terms

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

secondary market transactions financial

"Represents numbers of shares sold by secondary market transactions"

Class A Common Stock financial

"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.

Form 4 Insider Transactions: What Each Field Means →

04/20/2026 - 07:48 AM

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)
04/17/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock, par value $0.002 per share	04/17/2026		S		100⁽¹⁾	D	$2.83⁽²⁾	54,941	D
Class A Common Stock, par value $0.002 per share	04/17/2026		S		500⁽¹⁾	D	$2.86⁽²⁾	54,441	D
Class A Common Stock, par value $0.002 per share	04/17/2026		S		765⁽¹⁾	D	$2.86⁽²⁾	53,676	D
Class A Common Stock, par value $0.002 per share	04/17/2026		S		235⁽¹⁾	D	$2.86⁽²⁾	53,441	D
Class A Common Stock, par value $0.002 per share	04/17/2026		S		3⁽¹⁾	D	$2.77⁽²⁾	53,438	D
Class A Common Stock, par value $0.002 per share	04/17/2026		S		5⁽¹⁾	D	$2.77⁽²⁾	53,433	D
Class A Common Stock, par value $0.002 per share	04/17/2026		S		4⁽¹⁾	D	$2.77⁽²⁾	53,429	D
Class A Common Stock, par value $0.002 per share	04/17/2026		S		1⁽¹⁾	D	$2.77⁽²⁾	53,428	D
Class A Common Stock, par value $0.002 per share	04/17/2026		S		10⁽¹⁾	D	$2.77⁽²⁾	53,418	D
Class A Common Stock, par value $0.002 per share	04/17/2026		S		10⁽¹⁾	D	$2.77⁽²⁾	53,408	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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	04/20/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Nano Labs (NA) director Hu Nan report?

Director Hu Nan reported selling 1,633 shares of Nano Labs Class A Common Stock in open-market, secondary market transactions on April 17, 2026. These trades were executed at prices between $2.77 and $2.86 per share, according to the Form 4 filing.

How many Nano Labs (NA) shares does Hu Nan hold after the reported sales?

After the reported sales, Hu Nan directly holds 54,941 shares of Nano Labs Class A Common Stock. This figure comes from the Form 4’s post-transaction ownership field, which shows the total shares beneficially owned following the April 17, 2026 transactions.

At what prices did Hu Nan sell Nano Labs (NA) shares on April 17, 2026?

Hu Nan’s Nano Labs share sales were executed at prices of $2.77, $2.83, and $2.86 per share. All trades involved Class A Common Stock and are described in the Form 4 as sales through secondary market, open-market transactions on that date.

What is the total number of Nano Labs (NA) shares sold in this Form 4?

The Form 4 shows Hu Nan sold a total of 1,633 shares of Nano Labs Class A Common Stock. This aggregate figure appears in the transaction summary section, which consolidates all individual open-market sale entries reported for April 17, 2026.

Were Hu Nan’s Nano Labs (NA) sales routine open-market trades?

The filing characterizes each transaction as an open-market sale in secondary market transactions. All entries use transaction code “S,” described as a sale in open market or private transactions, indicating standard market trades rather than derivative exercises or gifts.