Jinxin Technology (NAMI) CFO’s Light Stream Holdings sells 10,000 ADS
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jinxin Technology Holding Co director and CFO/COO Jun Jiang reported indirect sales of American depositary shares (ADSs) of NAMI through Light Stream Holdings Ltd., a British Virgin Islands company wholly owned by him. Light Stream sold 5,000 ADSs at $0.295 per ADS and another 5,000 ADSs at $0.285 per ADS in open-market transactions. After these sales, Light Stream continues to hold more than 2.8 million ADSs indirectly for Jiang, along with a small position in ordinary shares. Each ADS represents 18 ordinary shares of Jinxin Technology Holding Company, so the transactions reflect a relatively small reduction in Jiang’s overall indirect economic exposure.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($2,900)
Net Sell
3 txns
Insider
Jiang Jun Jason
Role
CFO and COO
Sold
10,000 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American depositary shares | 5,000 | $0.285 | $1K |
| Sale | American depositary shares | 5,000 | $0.295 | $1K |
| holding | Ordinary shares | -- | -- | -- |
Holdings After Transaction:
American depositary shares — 2,860,034 shares (Indirect, By Light Stream Holdings Ltd.);
Ordinary shares — 2 shares (Indirect, By Light Stream Holdings Ltd.)
Footnotes (1)
- Each American depositary share represents 18 ordinary shares of Jinxin Technology Holding Company. Light Stream Holdings Ltd. is a British Virgin Islands company wholly-owned by Jun Jiang.
Key Figures
ADS sold: 10,000 ADS
Sale price 1: $0.295 per ADS
Sale price 2: $0.285 per ADS
+3 more
6 metrics
ADS sold
10,000 ADS
Two open-market sales on June 9, 2026
Sale price 1
$0.295 per ADS
First block of 5,000 ADS sold
Sale price 2
$0.285 per ADS
Second block of 5,000 ADS sold
Net-sell shares
10,000 ADS
Transaction summary net-sell direction
Indirect ADS holdings
Over 2.8M ADS
ADS held indirectly after transactions
ADS-to-share ratio
18 ordinary shares per ADS
Footnote description of ADS structure
Key Terms
American depositary shares, open-market sale, indirect ownership, net-sell, +1 more
5 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.
indirect ownership financial
"ownership_type": "indirect""
net-sell financial
""netBuySellDirection": "net-sell""
Light Stream Holdings Ltd. financial
"Light Stream Holdings Ltd. is a British Virgin Islands company wholly-owned by Jun Jiang."
FAQ
What insider transaction did Jinxin Technology (NAMI) report for Jun Jiang?
Jinxin Technology reported that CFO and COO Jun Jiang, through Light Stream Holdings Ltd., indirectly sold a total of 10,000 American depositary shares in two open-market transactions on June 9, 2026, according to the Form 4 insider filing.
How many Jinxin Technology (NAMI) ADSs were sold and at what prices?
Light Stream Holdings Ltd. sold 5,000 Jinxin Technology American depositary shares at $0.295 per ADS and an additional 5,000 ADSs at $0.285 per ADS. Both trades were reported as open-market sales on June 9, 2026.
How is Jun Jiang’s ownership in Jinxin Technology (NAMI) structured?
Jun Jiang’s reported holdings are indirect, held through Light Stream Holdings Ltd., a British Virgin Islands company wholly owned by him. The Form 4 lists transactions and post-transaction balances under this entity rather than in his direct personal name.
Were the Jinxin Technology (NAMI) insider transactions buys or sells?
The Form 4 classifies the two American depositary share transactions as open-market sales, using transaction code “S.” In total, Light Stream Holdings Ltd. disposed of 10,000 ADSs on June 9, 2026, resulting in a net-sell direction in the filing summary.