Jinxin Technology (NAMI) CFO Jun Jiang logs small indirect ADS sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jinxin Technology Holding Co director and CFO/COO Jun Jiang reported a small indirect sale of American depositary shares of NAMI. An entity he wholly owns, Light Stream Holdings Ltd., sold 36 American depositary shares at $0.311 per share in an open-market transaction. After this sale, Light Stream Holdings Ltd. still holds 3,103,430 American depositary shares and 2 ordinary shares indirectly for Jiang. Each American depositary share represents 18 ordinary shares of Jinxin Technology Holding Company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 36 shares ($11)
Net Sell
2 txns
Insider
Jiang Jun Jason
Role
CFO and COO
Sold
36 shs ($11.20)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American depositary shares | 36 | $0.311 | $11.20 |
| holding | Ordinary shares | -- | -- | -- |
Holdings After Transaction:
American depositary shares — 3,103,430 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: 36 American depositary shares
Sale price: $0.311 per ADS
ADS held after sale: 3,103,430 American depositary shares
+2 more
5 metrics
ADS sold
36 American depositary shares
Open-market sale on transaction date
Sale price
$0.311 per ADS
Price for the 36 ADS sold
ADS held after sale
3,103,430 American depositary shares
Indirect holdings following transaction
Ordinary share ratio
18 ordinary shares per ADS
ADS-to-ordinary share conversion ratio
Ordinary shares held
2 ordinary shares
Indirect ordinary share holdings
Key Terms
American depositary shares, open-market sale, indirect ownership, Form 4, +1 more
5 terms
open-market sale financial
"sold 36 American depositary shares at $0.311 per share in an open-market 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
"Light Stream Holdings Ltd. still holds 3,103,430 American depositary shares and 2 ordinary shares indirectly for Jiang."
Form 4 regulatory
"Jun Jiang reported a small indirect sale of American depositary shares of NAMI."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code S regulatory
"The Form 4 reports an open-market sale of American depositary shares, coded as “S” for sale."
FAQ
What did Jinxin Technology (NAMI) insider Jun Jiang report in this Form 4?
Jun Jiang reported a small indirect sale of 36 American depositary shares at $0.311 per share. The shares were held through Light Stream Holdings Ltd., a British Virgin Islands company wholly owned by him, and the transaction was classified as an open-market sale.
Was this NAMI insider transaction a buy or a sell?
The Form 4 reports an open-market sale of American depositary shares, coded as “S” for sale. Transaction data classify it as a sell transaction, with 36 American depositary shares disposed of and a remaining indirect balance of 3,103,430 depositary shares afterward.