What type of transaction was the 1,900-share NAMI sale on the Form 4?

The 1,900 American depositary shares were sold in an open-market or private transaction. The Form 4 labels the transaction with code “S,” describing it as a sale in the open market or a private transaction, and classifies it as a non-derivative security trade.

CFO Jun Jiang of Jinxin Technology (NAMI) sells 1,900 ADS via entity

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Jinxin Technology Holding Co insider Jun Jiang, the CFO and COO, reported an indirect open-market sale of 1,900 American depositary shares at $0.368 per ADS through Light Stream Holdings Ltd.

After this sale, Light Stream Holdings Ltd., which is wholly owned by Jun Jiang, is reported as holding 3,097,130 American depositary shares and 2 ordinary shares indirectly. Each American depositary share represents 18 ordinary shares of Jinxin Technology Holding Co.

Insider Trade Summary

Net Seller: 1,900 shares ($699)

Net Sell 2 txns

Insider Jiang Jun Jason

Role CFO and COO

Sold 1,900 shs ($699.20)

Type	Security	Shares	Price	Value
Sale	American depositary shares	1,900	$0.368	$699.20
holding	Ordinary shares	--	--	--

Holdings After Transaction: American depositary shares — 3,097,130 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: 1,900 American depositary shares Sale price per ADS: $0.368 per ADS ADS held after sale: 3,097,130 American depositary shares +3 more

6 metrics

ADS sold 1,900 American depositary shares Open-market sale on 2026-05-18

Sale price per ADS $0.368 per ADS Price for 1,900 ADS sold

ADS held after sale 3,097,130 American depositary shares Indirect holdings following transaction

Ordinary shares per ADS 18 ordinary shares per ADS Conversion ratio stated in footnote

Ordinary shares held 2 ordinary shares Indirect holdings reported in Form 4

Net shares sold 1,900 shares net-sell Transaction summary net buy/sell shares

Key Terms

American depositary shares, open-market sale, indirect ownership, Form 4, +1 more

5 terms

American depositary shares financial

"American depositary shares, transaction code "S", transaction_type "non-derivative""

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

open-market sale financial

"transaction_action "open-market sale" for the 1,900 ADS transaction"

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" and nature_of_ownership "By Light Stream Holdings Ltd.""

Form 4 regulatory

"INSIDER FILING DATA (Form 4) describing Jun Jiang’s transactions"

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.

transaction code "S" financial

"transaction_code "S" with description "Sale in open market or private transaction""

Form 4 Insider Transactions: What Each Field Means →

05/20/2026 - 06:02 AM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Jiang Jun Jason

(Last)

(First)

(Middle)

FLOOR 8, BUILDING D, SHENGYIN BUILDING

SHENGXIA ROAD 666, PUDONG DISTRICT

(Street)

SHANGHAI

201210

(City)

(State)

(Zip)

CHINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Jinxin Technology Holding Co [ NAMI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CFO and COO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
American depositary shares⁽¹⁾	05/18/2026		S		1,900	D	$0.368	3,097,130	I	By Light Stream Holdings Ltd.⁽²⁾
Ordinary shares								2	I	By Light Stream Holdings Ltd.

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Each American depositary share represents 18 ordinary shares of Jinxin Technology Holding Company.

2. Light Stream Holdings Ltd. is a British Virgin Islands company wholly-owned by Jun Jiang.

	/s/ Jun Jiang	05/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Jinxin Technology (NAMI) report for Jun Jiang?

Jun Jiang reported an indirect sale of 1,900 American depositary shares at $0.368 each. The transaction was an open-market sale executed through Light Stream Holdings Ltd., which is wholly owned by him, and is disclosed on a Form 4 filing.

How many NAMI American depositary shares does Jun Jiang hold after this Form 4?

After the transaction, 3,097,130 American depositary shares are reported as indirectly held. These ADS are owned through Light Stream Holdings Ltd., a British Virgin Islands company wholly owned by Jun Jiang, according to the Form 4 disclosure and its accompanying footnotes.

What is the relationship between Jinxin Technology’s ADS and ordinary shares?

Each American depositary share of Jinxin Technology represents 18 ordinary shares. This ratio is specified in the Form 4 footnotes, clarifying how ADS relate to the underlying ordinary shares when interpreting the magnitude of reported insider holdings and transactions.

Who actually holds the NAMI shares reported in Jun Jiang’s Form 4?

The shares are held indirectly through Light Stream Holdings Ltd. The filing states that Light Stream Holdings Ltd. is a British Virgin Islands company wholly owned by Jun Jiang, and the reported holdings and sale are attributed to this entity as indirect ownership.