10% holder I Financial sells 700k Nano Nuclear (NNE) shares under 10b5-1
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
I Financial Ventures Group LLC, a 10% owner of Nano Nuclear Energy Inc., reported a mix of option exercise and share sales. On June 3, 2026, it sold a net 700,000 shares of common stock in multiple open-market trades and exercised 200,000 stock options at $3 per share to acquire the same number of shares. The filing notes the sales were carried out under a Rule 10b5-1 trading plan, indicating they were pre-scheduled rather than timed opportunistically.
Positive
- None.
Negative
- None.
Insights
10% holder pre-planned sales total 700,000 shares alongside option exercise.
I Financial Ventures Group LLC, a significant shareholder of Nano Nuclear Energy Inc., reported open-market sales totaling 700,000 common shares on June 3, 2026. Sale prices ranged from about $25.70 to $29.91, according to weighted-average trade disclosures.
The entity also exercised 200,000 stock options at an exercise price of $3 per share, converting a derivative position into common stock before the options’ stated June 7, 2026 expiry. The filing’s summary shows a net-sell position of 700,000 shares for the day.
A key detail is that these sales occurred under a Rule 10b5-1 trading plan adopted in September 2025. Such plans are established in advance, so the timing of individual trades is less informative about the holder’s short-term view than a fully discretionary transaction. Subsequent company filings may provide added context on overall ownership levels.
Insider Trade Summary 10b5-1
Net Seller: 700,000 shares ($18,674,131)
Net Sell
12 txns
Insider
I Financial Ventures Group LLC
Role
null
Sold
700,000 shs ($18.67M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 200,000 | $0.00 | -- |
| Sale | Common Stock | 312,553 | $26.2987 | $8.22M |
| Sale | Common Stock | 168,626 | $27.1617 | $4.58M |
| Sale | Common Stock | 10,035 | $27.8327 | $279K |
| Sale | Common Stock | 3,571 | $28.9772 | $103K |
| Sale | Common Stock | 5,215 | $29.91 | $156K |
| Exercise | Common Stock | 200,000 | $3.00 | $600K |
| Sale | Common Stock | 125,021 | $26.2987 | $3.29M |
| Sale | Common Stock | 67,451 | $27.1617 | $1.83M |
| Sale | Common Stock | 4,014 | $27.8327 | $112K |
| Sale | Common Stock | 1,429 | $28.9772 | $41K |
| Sale | Common Stock | 2,085 | $29.91 | $62K |
Holdings After Transaction:
Stock Options — 0 shares (Direct, null);
Common Stock — 8,411,447 shares (Direct, null)
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person through I Financial, in September 2025, and was executed in the account of I Financial. Represents shares of common stock issued upon exercise of certain options originally granted to the reporting person through I Financial (as defined below) at the exercise price of $3 per share, which were fully vested and exercisable on June 7, 2023, with expiry on June 7, 2026. On June 3, 2026, such options were exercised. 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. This transaction was executed in multiple trades during the day at prices ranging from $25.7000 to $26.6900. 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. This transaction was executed in multiple trades during the day at prices ranging from $26.7000 to $27.6900. 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. This transaction was executed in multiple trades during the day at prices ranging from $27.7200 to $28.3500. 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. This transaction was executed in multiple trades during the day at prices ranging from $28.7700 to $29.0500. 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. This transaction was executed at a price of $29.9100. 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. This transaction was executed in multiple trades during the day at prices ranging from $25.7000 to $26.6900. 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. This transaction was executed in multiple trades during the day at prices ranging from $26.7000 to $27.6900. 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. This transaction was executed in multiple trades during the day at prices ranging from $27.7200 to $28.3500. 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. This transaction was executed in multiple trades during the day at prices ranging from $28.7700 to $29.0500. 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. This transaction was executed at a price of $29.9100. 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: 700,000 shares
Options exercised: 200,000 shares
Option exercise price: $3 per share
+3 more
6 metrics
Shares sold
700,000 shares
Total open-market sales on June 3, 2026
Options exercised
200,000 shares
Common stock acquired via option exercise on June 3, 2026
Option exercise price
$3 per share
Strike price for 200,000 stock options
Sale price range (low)
$25.70 per share
Lowest trade price range disclosed in footnotes
Sale price range (high)
$29.91 per share
Highest trade price reported for June 3, 2026
Net share direction
Net-sell of 700,000 shares
transactionSummary netBuySellShares and netBuySellDirection
Key Terms
Rule 10b5-1 trading plan, stock options, beneficial owner, weighted-average price, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person..."
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.
stock options financial
"Represents shares of common stock issued upon exercise of certain options originally granted..."
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
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.
weighted-average price financial
"The weighted-average price is reported above."
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
What insider transactions did I Financial Ventures Group LLC report for Nano Nuclear Energy (NNE)?
I Financial Ventures Group LLC reported open-market sales of Nano Nuclear Energy common stock totaling 700,000 shares on June 3, 2026, plus the exercise of 200,000 stock options at $3 per share, converting those options into common shares the same day.
How many Nano Nuclear Energy (NNE) stock options did I Financial exercise and at what strike price?
I Financial Ventures Group LLC exercised 200,000 stock options for Nano Nuclear Energy common stock at an exercise price of $3 per share. The options were fully vested and exercisable since June 7, 2023, and were exercised on June 3, 2026, before their June 7, 2026 expiry.
Were the Nano Nuclear Energy (NNE) insider sales by I Financial pre-planned under Rule 10b5-1?
Yes. A footnote states the transactions were effected under a Rule 10b5-1 trading plan adopted by the reporting person through I Financial in September 2025. Such plans pre-schedule trades, so daily execution timing is less indicative of changing sentiment than discretionary trades.