Jinxin Technology (NAMI) entity sells 2,000 ADS, keeps 2.98M
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jinxin Technology Holding Co disclosed that an entity associated with its CFO and COO, Jun Jiang, completed a small open-market sale of American depositary shares. On May 29, 2026, Light Stream Holdings Ltd., which is wholly owned by Jun Jiang, sold 2,000 American depositary shares at $0.296 per share. Each American depositary share represents 18 ordinary shares of Jinxin Technology Holding Co. After this transaction, Light Stream Holdings Ltd. continued to hold 2,977,830 American depositary shares indirectly for Jun Jiang, along with a separate line item of 2 ordinary shares, indicating that this was a minor reduction relative to the overall indirect position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,000 shares ($592)
Net Sell
2 txns
Insider
Jiang Jun Jason
Role
CFO and COO
Sold
2,000 shs ($592.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American depositary shares | 2,000 | $0.296 | $592.00 |
| holding | Ordinary shares | -- | -- | -- |
Holdings After Transaction:
American depositary shares — 2,977,830 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: 2,000 American depositary shares
Sale price: $0.296 per ADS
ADS held after sale: 2,977,830 American depositary shares
+3 more
6 metrics
ADS sold
2,000 American depositary shares
Open-market sale on May 29, 2026
Sale price
$0.296 per ADS
Open-market transaction
ADS held after sale
2,977,830 American depositary shares
Indirectly held by Light Stream Holdings Ltd.
Ordinary share ratio
1 ADS = 18 ordinary shares
ADS-to-ordinary share representation
Additional ordinary shares
2 ordinary shares
Indirect holding line item
Net shares sold
2,000 American depositary shares
Net change in buy/sell activity in this filing
Key Terms
American depositary shares, open-market sale, indirect ownership, Form 4, +1 more
5 terms
open-market sale financial
"transaction_action: open-market sale for 2,000 American depositary shares at $0.296."
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
"The ownership type is indirect, with nature of ownership listed as By Light Stream Holdings Ltd."
Form 4 regulatory
"INSIDER FILING DATA (Form 4) shows Jun Jiang as the reporting person."
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 regulatory
"The transaction has code S, indicating a sale in open market or private transaction."
FAQ
What insider transaction did Jinxin Technology (NAMI) report on this Form 4?
Jinxin Technology reported an indirect open-market sale of 2,000 American depositary shares at $0.296 each by Light Stream Holdings Ltd., an entity wholly owned by CFO and COO Jun Jiang, while retaining a much larger remaining ADS position.
At what price were the Jinxin Technology (NAMI) ADS sold in this Form 4?
The 2,000 American depositary shares were sold at $0.296 per share. This price applies to the ADS, each of which represents 18 ordinary shares of Jinxin Technology Holding Co, as disclosed in the Form 4 footnotes.
Is the Jinxin Technology (NAMI) insider sale a direct or indirect holding change?
The reported sale affects indirect holdings, as the shares are owned by Light Stream Holdings Ltd. The Form 4 lists the ownership type as indirect, with the nature of ownership specified as holdings by Light Stream Holdings Ltd., wholly owned by Jun Jiang.