Nano Nuclear insider sells 474K shares in high-$17 range
Nano Nuclear Energy’s president and chairman reported 10b5-1 plan-driven indirect sales totaling 474,500 NNE shares over two days.
Rhea-AI Filing Summary
Nano Nuclear Energy Inc. (NNE) director, officer and ten percent owner Yu Jiang reported two indirect open-market sales of Common Stock held through I Financial Ventures Group LLC under a Rule 10b5-1 trading plan. On September 1 and 2, 2026, the entity sold an aggregate of 474,500 shares at weighted-average prices in the high-$17 range, with Jiang deemed the beneficial owner through his control of I Financial.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 474,500 shares
Net Sell
2 txns
Insider
Yu Jiang
Role
President and Chairman
Sold
474,500 shs ($8.28M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F3 | 141,931 | $17.4849 | $2.48M |
| Sale | Common Stock F1, F2 | 332,569 | $17.4454 | $5.80M |
Holdings After Transaction:
Common Stock — 7,749,500 shares (Indirect, By I Financial Ventures Group LLC)
Footnotes (3)
- F1. The transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in September 2025. The reporting person is the sole shareholder and director of I Financial Ventures Group LLC ("I Financial"), a limited liability company incorporated under the laws of Delaware, which is the record holder of the securities reported herein. The reporting person, as such, has investment control over the securities of the issuer held by I Financial and may be deemed the beneficial owner of such securities.
- F2. This transaction was executed in multiple trades during the day at prices ranging from $17.0500 to $17.6100. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- F3. This transaction was executed in multiple trades during the day at prices ranging from $17.1700 to $17.7600. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
Key Figures
Shares sold September 1, 2026: 332,569 shares
Weighted-average price September 1, 2026: $17.4454 per share
Shares sold September 2, 2026: 141,931 shares
+3 more
6 metrics
Shares sold September 1, 2026
332,569 shares
Indirect sale of Nano Nuclear Energy Common Stock by I Financial Ventures Group LLC
Weighted-average price September 1, 2026
$17.4454 per share
Executed in multiple trades ranging from $17.0500 to $17.6100
Shares sold September 2, 2026
141,931 shares
Indirect sale of Nano Nuclear Energy Common Stock by I Financial Ventures Group LLC
Weighted-average price September 2, 2026
$17.4849 per share
Executed in multiple trades ranging from $17.1700 to $17.7600
Total shares sold
474,500 shares
Aggregate of both reported sales on September 1 and 2, 2026
Rule 10b5-1 plan adoption
September 2025
Plan under which the reported transactions were effected
Key Terms
Rule 10b5-1 trading plan, weighted-average price, beneficial owner, indirect ownership, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The transactions were effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted-average price financial
"The weighted-average price is reported above."
Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.
beneficial owner regulatory
"may be deemed the beneficial owner of such securities."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
indirect ownership financial
"The reporting person is the sole shareholder and director of I Financial"
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
What insider transaction did Nano Nuclear Energy (NNE) report for Yu Jiang?
Yu Jiang, a director, President and Chairman, and ten percent owner, reported two indirect sales of Nano Nuclear Energy Common Stock through I Financial Ventures Group LLC on September 1 and 2, 2026, totaling 474,500 shares sold in open-market or private transactions.
Were the NNE insider sales made under a Rule 10b5-1 trading plan?
Yes. The filing states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Yu Jiang in September 2025, and the plan-status checkbox is affirmed, indicating the sales followed a pre-established trading arrangement.
Is the exact distribution of trade prices for the NNE sales available?
The Form 4 reports weighted-average prices and price ranges for each day’s trades. It also states that Yu Jiang will provide, upon request, full information on the number of shares and specific prices at which the transactions were effected to SEC staff, the issuer, or a security holder.
AI-generated analysis. How Rhea-AI works. Not financial advice.