[Form 4] Nexalin Technology, Inc. Insider Trading Activity
Benjamin Hu, a director of Nexalin Technology, Inc. (NXL), reported the acquisition of 36,459 shares on 09/29/2025. The Form 4 shows the transaction as an acquisition (Code A) with a reported price of $0, and that Mr. Hu now beneficially owns 377,095 shares in total. The filing breaks down those holdings as 372,929 shares held individually by Mr. Hu, 3,582 shares held jointly with his spouse Amy Lun Hu, and 584 shares held jointly with his son David D. Hu. The form is signed by Benjamin Hu on 09/30/2025.
- Director acquisition reported: Benjamin Hu acquired 36,459 shares, increasing transparency around insider ownership.
- Clear ownership breakdown: Filing discloses 372,929 shares individually held, 3,582 jointly with spouse, and 584 jointly with son, totaling 377,095.
- None.
Insights
TL;DR: Director acquired 36,459 shares, raising beneficial ownership to 377,095 shares.
The Form 4 documents a non-derivative acquisition by director Benjamin Hu on 09/29/2025 recorded under Transaction Code A. The filing lists the per-share price as $0 and shows total beneficial ownership of 377,095 shares with a clear breakdown of individual and family-held shares. For investors, this is a straightforward insider acquisition disclosure that updates ownership figures; the $0 price should be interpreted only as reported on the form, as the filing does not explain the consideration or mechanism for the acquisition.
TL;DR: Insider reported increased beneficial ownership; filing contains required family ownership disclosure.
The filing complies with Section 16 reporting by identifying the reporting person as a director and providing the required breakdown of direct and joint holdings. It records the acquisition of 36,459 common shares and explicitly details shares held jointly with spouse and son, satisfying beneficial ownership disclosure norms. The document is signed and dated, meeting procedural form requirements; it does not include any explanatory notes about the acquisition source or restrictions.