Light Stream entity of Jinxin (NAMI) CFO Jun Jiang sells 10,000 ADS
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($2,695)
Net Sell
3 txns
Insider
Jiang Jun Jason
Role
CFO and COO
Sold
10,000 shs ($3K)
| 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 | -- | -- | -- |
Holdings After Transaction:
American depositary shares — 2,928,966 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 at $0.276: 5,000 ADS
ADS sold at $0.263: 5,000 ADS
Total ADS sold: 10,000 ADS
+3 more
6 metrics
ADS sold at $0.276
5,000 ADS
Open-market sale on 2026-06-04 at $0.276 per ADS
ADS sold at $0.263
5,000 ADS
Open-market sale on 2026-06-04 at $0.263 per ADS
Total ADS sold
10,000 ADS
Net insider-related open-market sales reported in this Form 4
Indirect ADS holdings after sale
2,923,966 ADS
ADS indirectly held by Light Stream Holdings Ltd. after transactions
ADS to ordinary share ratio
1 ADS = 18 ordinary shares
Each American depositary share represents 18 ordinary shares
Indirect ordinary shares held
2 ordinary shares
Indirect holding of ordinary shares shown in the filing
Key Terms
American depositary shares, open-market sale, indirect ownership, wholly-owned
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 ownership financial
"ownership_type": "indirect""
wholly-owned financial
"Light Stream Holdings Ltd. is a British Virgin Islands company wholly-owned by Jun Jiang."
A wholly-owned business is one that is 100% owned by another company, meaning the parent holds all shares and controls decisions. For investors, this matters because the parent company must include the wholly-owned business’s results and liabilities in its own financial picture, so any profits, losses or risks from that unit directly affect the parent’s value—like owning an entire rental property rather than sharing it with partners.
FAQ
What insider transaction did Jinxin Technology (NAMI) report in this Form 4?
Jinxin Technology reported that an entity associated with CFO and COO Jun Jiang sold a total of 10,000 American depositary shares in open-market transactions, while retaining a significantly larger remaining indirect ADS position after the sales.
What is Jun Jiang’s remaining indirect ADS stake in Jinxin Technology (NAMI) after these sales?
After the reported sales, the filing shows that the entity associated with Jun Jiang continues to hold about 2,923,966 American depositary shares indirectly, indicating that the 10,000 ADS sold represent a small portion of the total position.
Is Jun Jiang’s ownership in Jinxin Technology (NAMI) direct or indirect after these transactions?
The reported holdings are indirect, held through Light Stream Holdings Ltd., which is wholly-owned by Jun Jiang, meaning his economic interest is through this entity rather than direct registration of the ADS in his personal name.