NAMI (NAMI) CFO Jun Jiang’s entity sells 1,000 ADS but keeps large stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jinxin Technology Holding Co director and CFO/COO Jun Jiang reported an indirect sale of 1,000 American depositary shares (ADS) of NAMI at $0.36 per ADS through Light Stream Holdings Ltd. Following this open-market sale, Light Stream Holdings Ltd. continues to hold 3,099,030 ADS and 2 ordinary shares indirectly for Jun Jiang. Each ADS represents 18 ordinary shares of Jinxin Technology Holding Company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,000 shares ($360)
Net Sell
2 txns
Insider
Jiang Jun Jason
Role
CFO and COO
Sold
1,000 shs ($360.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American depositary shares | 1,000 | $0.36 | $360.00 |
| holding | Ordinary shares | -- | -- | -- |
Holdings After Transaction:
American depositary shares — 3,099,030 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: 1,000 ADS
Sale price per ADS: $0.36 per ADS
ADS held after transaction: 3,099,030 ADS
+2 more
5 metrics
ADS sold
1,000 ADS
Open-market sale on 2026-05-15
Sale price per ADS
$0.36 per ADS
Open-market transaction code S
ADS held after transaction
3,099,030 ADS
Indirect holdings following sale
Ordinary shares held
2 ordinary shares
Indirect holdings line item
ADS to ordinary share ratio
1 ADS = 18 ordinary shares
Relationship between ADS and ordinary shares
Key Terms
American depositary shares, open-market sale, indirect, British Virgin Islands
4 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 financial
"ownership_type": "indirect""
British Virgin Islands financial
"Light Stream Holdings Ltd. is a British Virgin Islands company wholly-owned by Jun Jiang."
FAQ
What insider transaction did Jinxin Technology Holding Co (NAMI) report?
Jinxin Technology Holding Co reported that an entity associated with CFO and COO Jun Jiang sold 1,000 American depositary shares in an open-market transaction at $0.36 per ADS, while retaining a much larger remaining indirect ADS position after the sale.
What are Jun Jiang’s indirect holdings in NAMI after this transaction?
After the reported sale, Light Stream Holdings Ltd. holds 3,099,030 American depositary shares and 2 ordinary shares indirectly for Jun Jiang. These holdings are reported as indirect ownership, reflecting that they are held through a wholly-owned British Virgin Islands entity.
Does this NAMI Form 4 filing show any derivative securities activity?
The Form 4 data indicate no derivative securities transactions. The derivativeSummary is empty, and the only reportable transaction is a non-derivative open-market sale of American depositary shares, along with a separate holding line item for the indirectly owned ordinary shares.