Jinxin Technology (NASDAQ: NAMI) unit sells 5,000 ADS in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jinxin Technology Holding Co director and CFO/COO Jun Jiang reported an indirect open-market sale of American depositary shares through Light Stream Holdings Ltd.. Light Stream sold 5,000 ADS at $0.276 per share, and still held 2,810,034 ADS indirectly after the transaction. Each ADS represents 18 ordinary shares of the company. A separate line also shows indirect ownership of 2 ordinary shares by Light Stream, indicating a very small ordinary-share position alongside the larger ADS holding.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($1,380)
Net Sell
2 txns
Insider
Jiang Jun Jason
Role
CFO and COO
Sold
5,000 shs ($1K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American depositary shares | 5,000 | $0.276 | $1K |
| holding | Ordinary shares | -- | -- | -- |
Holdings After Transaction:
American depositary shares — 2,810,034 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: 5,000 ADS
Sale price: $0.276 per ADS
ADS held after sale: 2,810,034 ADS
+2 more
5 metrics
ADS sold
5,000 ADS
Open-market sale on 2026-06-11
Sale price
$0.276 per ADS
Open-market transaction
ADS held after sale
2,810,034 ADS
Indirect holdings by Light Stream after 2026-06-11
Ordinary shares held
2 ordinary shares
Indirect holdings by Light Stream after 2026-06-11
ADS to ordinary ratio
1 ADS = 18 ordinary shares
Capital structure detail from footnote
Key Terms
American depositary shares, open-market sale, indirect ownership, ordinary shares, +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, nature_of_ownership: By Light Stream Holdings Ltd."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
FAQ
What insider transaction did Jinxin Technology (NAMI) report on this Form 4?
The filing reports an indirect open-market sale of 5,000 American depositary shares at $0.276 per share. The shares were sold by Light Stream Holdings Ltd., an entity wholly owned by director and CFO/COO Jun Jiang.
How many Jinxin Technology (NAMI) ADS does the reporting person hold after the sale?
After selling 5,000 American depositary shares, Light Stream Holdings Ltd. indirectly holds 2,810,034 ADS. These ADS are reported as indirect ownership for Jun Jiang, reflecting the remaining position following the disclosed open-market transaction.
What other Jinxin Technology (NAMI) holdings are reported besides ADS?
The Form 4 lists indirect ownership of 2 ordinary shares by Light Stream Holdings Ltd. in addition to the ADS position. This ordinary-share amount is very small compared with the much larger American depositary share holding reported in the same filing.