Entity tied to Jinxin (NAMI) CFO trims stake with 932 ADS sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jinxin Technology Holding Co director and executive Jun Jiang reported an indirect sale of American depositary shares through Light Stream Holdings Ltd., a British Virgin Islands company he wholly owns. The entity sold 932 American depositary shares at $0.265 each, in an open-market transaction.
Following this sale, Light Stream Holdings Ltd. still held 2,923,034 American depositary shares indirectly and 2 ordinary shares. Each American depositary share represents 18 ordinary shares of Jinxin Technology Holding Company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 932 shares ($247)
Net Sell
2 txns
Insider
Jiang Jun Jason
Role
CFO and COO
Sold
932 shs ($246.98)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American depositary shares | 932 | $0.265 | $246.98 |
| holding | Ordinary shares | -- | -- | -- |
Holdings After Transaction:
American depositary shares — 2,923,034 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: 932 American depositary shares
Sale price per ADS: $0.265 per share
ADS held after transaction: 2,923,034 American depositary shares
+2 more
5 metrics
ADS sold
932 American depositary shares
Non-derivative open-market sale on 2026-06-05
Sale price per ADS
$0.265 per share
Price for the 932 ADS sold
ADS held after transaction
2,923,034 American depositary shares
Indirect holdings by Light Stream Holdings Ltd. after sale
Ordinary shares per ADS
18 ordinary shares per ADS
ADS-to-ordinary share ratio for Jinxin Technology
Ordinary shares held
2 ordinary shares
Indirect holding entry by Light Stream Holdings Ltd.
Key Terms
American depositary share, open-market sale, indirect ownership, beneficially owned
4 terms
open-market sale financial
"transaction_action: open-market sale for 932 American depositary shares at $0.265"
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 and nature_of_ownership: By Light Stream Holdings Ltd."
beneficially owned financial
"total_shares_following_transaction shows ADS beneficially owned after the sale"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What insider transaction did Jinxin Technology (NAMI) report in this Form 4?
Jinxin Technology reported an indirect sale of 932 American depositary shares at $0.265 each. The transaction was executed by Light Stream Holdings Ltd., an entity wholly owned by executive Jun Jiang, and recorded as an open-market sale.
What is the remaining indirect ADS position after the Jinxin Technology (NAMI) sale?
After the sale, Light Stream Holdings Ltd. held 2,923,034 American depositary shares indirectly. This remaining balance is reported in the Form 4 as the total number of ADS beneficially owned following the open-market transaction on the trade date.