CFO of Jinxin Technology (NAMI) reports 58,000 ADS sales via Light Stream
Rhea-AI Filing Summary
Jinxin Technology Holding Co director and CFO & COO Jun Jiang reported indirect open-market sales of the company’s American depositary shares through Light Stream Holdings Ltd., a British Virgin Islands company wholly-owned by him.
On June 8, 2026, Light Stream executed multiple open-market sale transactions totaling 58,000 American depositary shares at prices between $0.251 and $0.384 per ADS. Following these sales, Light Stream continued to hold 2,915,034 American depositary shares and 2 ordinary shares, all reported as indirectly owned by Jiang. Each American depositary share represents 18 ordinary shares of Jinxin Technology Holding Co.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 58,000 shares
Net Sell
7 txns
Insider
Jiang Jun Jason
Role
CFO & COO
Sold
58,000 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American depositary shares | 3,000 | $0.256 | $768.00 |
| Sale | American depositary shares | 5,000 | $0.251 | $1K |
| Sale | American depositary shares | 5,000 | $0.285 | $1K |
| Sale | American depositary shares | 5,000 | $0.295 | $1K |
| Sale | American depositary shares | 10,000 | $0.345 | $3K |
| Sale | American depositary shares | 30,000 | $0.384 | $12K |
| holding | Ordinary shares | -- | -- | -- |
Holdings After Transaction:
American depositary shares — 2,865,034 shares (Indirect, By Light Stream Holdings Ltd.);
Ordinary shares — 2 shares (Indirect, By Light Stream Holdings Ltd.)
Footnotes (2)
- F1. Each American depositary share represents 18 ordinary shares of Jinxin Technology Holding Company.
- F2. Light Stream Holdings Ltd. is a British Virgin Islands company wholly-owned by Jun Jiang.
Key Figures
ADS sold: 58,000 American depositary shares
Sale price range: $0.251–$0.384 per ADS
ADS held after transactions: 2,915,034 American depositary shares
+3 more
6 metrics
ADS sold
58,000 American depositary shares
Total open-market sales on June 8, 2026
Sale price range
$0.251–$0.384 per ADS
Open-market sale prices on June 8, 2026
ADS held after transactions
2,915,034 American depositary shares
Indirect holdings by Light Stream Holdings Ltd. after sales
Ordinary shares held
2 ordinary shares
Indirectly owned, separate from ADS position
ADS to ordinary share ratio
1 ADS = 18 ordinary shares
Each American depositary share of Jinxin Technology Holding Co
Net insider share change
-58,000 American depositary shares
Net-sell direction from transaction summary
Key Terms
American depositary shares, open-market sale, indirect ownership, wholly-owned, +1 more
5 terms
open-market sale financial
"Sale in open market or private transaction"
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
"direct_or_indirect: I, ownership_type: indirect, nature_of_ownership: By Light Stream Holdings Ltd."
wholly-owned financial
"Light Stream Holdings Ltd. is a British Virgin Islands company wholly-owned by Jun Jiang."
A wholly-owned business is one that is 100% owned by another company, meaning the parent holds all shares and controls decisions. For investors, this matters because the parent company must include the wholly-owned business’s results and liabilities in its own financial picture, so any profits, losses or risks from that unit directly affect the parent’s value—like owning an entire rental property rather than sharing it with partners.
transaction code S regulatory
"transaction_code: S, transaction_code_description: Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Jinxin Technology (NAMI) report for Jun Jiang?
Jinxin Technology reported that Light Stream Holdings Ltd., wholly-owned by CFO & COO Jun Jiang, sold 58,000 American depositary shares in open-market transactions. These sales were disclosed as indirect ownership changes on a Form 4 filed for June 8, 2026.
How many Jinxin Technology (NAMI) ADS did the insider entity sell and at what prices?
Light Stream Holdings Ltd. sold a total of 58,000 American depositary shares of Jinxin Technology. The open-market sale prices on June 8, 2026 ranged from $0.251 to $0.384 per ADS across several separate transactions.
Who is Light Stream Holdings Ltd. in relation to Jinxin Technology (NAMI) insider holdings?
Light Stream Holdings Ltd. is a British Virgin Islands company that is wholly-owned by Jun Jiang, Jinxin Technology’s director and CFO & COO. The Form 4 shows insider holdings and sales as indirectly owned through this entity rather than directly in Jiang’s name.
Were the Jinxin Technology (NAMI) insider trades open-market sales?
Yes. The Form 4 identifies the transactions by Light Stream Holdings Ltd. as open-market sales of American depositary shares. The filing uses transaction code “S,” which indicates sales in the open market or comparable private transactions.