Entity linked to Jinxin CFO sells 10,000 ADS
Jinxin Technology Holding Co director and CFO/COO Jun Jiang reported indirect sales of American depositary shares through Light Stream Holdings Ltd., a British Virgin Islands company wholly-owned by him.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Jinxin Technology Holding Co director and CFO/COO Jun Jiang reported indirect sales of American depositary shares through Light Stream Holdings Ltd., a British Virgin Islands company wholly-owned by him. Light Stream sold 5,000 ADS at $0.276 and 5,000 ADS at $0.263 in open-market transactions.
Each ADS represents 18 ordinary shares of Jinxin Technology Holding Company. Following these sales, Light Stream continues to hold about 2,923,966 ADS indirectly for Jiang, along with a small indirect position of ordinary shares, indicating he retains a substantial stake after the transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American depositary shares | 5,000 | $0.263 | $1K |
| Sale | American depositary shares | 5,000 | $0.276 | $1K |
| holding | Ordinary shares | -- | -- | -- |
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
Key Terms
open-market sale financial
indirect ownership financial
wholly-owned financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Jinxin Technology (NAMI) report in this Form 4?
What is Jun Jiang’s remaining indirect ADS stake in Jinxin Technology (NAMI) after these sales?
Is Jun Jiang’s ownership in Jinxin Technology (NAMI) direct or indirect after these transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.