Intercont (Cayman) CEO reports 1.63M-share buy
The reported resulting position was 1,831,598 Class B Ordinary Shares held indirectly through Beverly Holding Limited (BVI).
Rhea-AI Filing Summary
Intercont (Cayman) Ltd (NCT) Class B Ordinary Shares were purchased indirectly through Beverly Holding Limited (BVI): 1,625,000 shares at $0.40 per share on September 25, 2026. Zhu Muchun, identified as CEO and Chairman, is the reporting person. The reported resulting indirect position was 1,831,598 shares, and no Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 1,625,000 shares
Net Buy
1 txn
Insider
Zhu Muchun
Role
CEO and Chairman
Bought
1,625,000 shs ($650K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class B Ordinary Shares | 1,625,000 | $0.40 | $650K |
Holdings After Transaction:
Class B Ordinary Shares — 1,831,598.04 shares (Indirect, By Beverly Holding Limited (BVI))
Key Figures
Class B Ordinary Shares purchased: 1,625,000 shares
Purchase price: $0.40 per share
Resulting indirect position: 1,831,598 shares
3 metrics
Class B Ordinary Shares purchased
1,625,000 shares
September 25, 2026; held indirectly through Beverly Holding Limited (BVI)
Purchase price
$0.40 per share
September 25, 2026
Resulting indirect position
1,831,598 shares
Reported after the September 25, 2026 purchase
Key Terms
Class B Ordinary Shares, indirect ownership, Rule 10b5-1 plan
3 terms
indirect ownership financial
"By Beverly Holding Limited (BVI)"
Rule 10b5-1 plan regulatory
"No Rule 10b5-1 plan is reported"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
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AI-generated analysis. How Rhea-AI works. Not financial advice.