Jinxin Technology (NAMI) CFO-linked entity sells 1,790 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 Jason reported indirect sales of the company’s American depositary shares through Light Stream Holdings Ltd., a British Virgin Islands company wholly owned by him. On May 8, 2026, Light Stream executed three open-market sales totaling 1,790 American depositary shares at prices between $0.374 and $0.381 per share. The filing also shows indirect ownership of 2 ordinary shares through Light Stream, and it notes that each American depositary share represents 18 ordinary shares of Jinxin Technology Holding Company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,790 shares ($674)
Net Sell
4 txns
Insider
Jiang Jun Jason
Role
CFO and COO
Sold
1,790 shs ($673.96)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American depositary shares | 500 | $0.381 | $190.50 |
| Sale | American depositary shares | 500 | $0.376 | $188.00 |
| Sale | American depositary shares | 790 | $0.374 | $295.46 |
| holding | Ordinary shares | -- | -- | -- |
Holdings After Transaction:
American depositary shares — 3,105,756 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: 1,790 American depositary shares
Sale price 1: $0.374 per ADS
Sale price 2: $0.376 per ADS
+3 more
6 metrics
ADS sold
1,790 American depositary shares
Total open-market sales on May 8, 2026
Sale price 1
$0.374 per ADS
One of three reported open-market sale prices
Sale price 2
$0.376 per ADS
One of three reported open-market sale prices
Sale price 3
$0.381 per ADS
One of three reported open-market sale prices
ADS to ordinary share ratio
1 ADS = 18 ordinary shares
Representation of underlying Jinxin Technology ordinary shares
Ordinary shares held
2 ordinary shares
Indirectly held by Light Stream Holdings Ltd.
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""
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 for Jun Jiang Jason?
Jinxin Technology reported that an entity wholly owned by CFO and COO Jun Jiang Jason sold 1,790 American depositary shares in open-market transactions. The sales occurred on May 8, 2026, at prices between $0.374 and $0.381 per American depositary share.
What type of ownership does Jun Jiang Jason report for these NAMI securities?
The filing classifies the securities as held indirectly, with ownership noted as "By Light Stream Holdings Ltd.". This indicates Jun Jiang’s interest is through a wholly owned entity rather than direct personal registration of the American depositary shares and ordinary shares.
Does the Form 4 filing show any derivative securities for Jinxin Technology (NAMI)?
The filing’s derivative summary shows no derivative transactions or remaining derivative positions. All reported activity involves non-derivative securities, specifically ordinary shares and American depositary shares, simplifying interpretation of the insider’s reported holdings.