Simcere affiliate sells 30,000 NextCure shares, exits 10% status
Simcere Zaiming, Inc., together with related reporting entities, reported the sale of 30,000 shares of NextCure, Inc. common stock on 2026-08-10 at $6.16 per share, held indirectly.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Simcere Zaiming, Inc., together with related reporting entities, reported the sale of 30,000 shares of NextCure, Inc. common stock on 2026-08-10 at $6.16 per share, held indirectly. After this transaction, 308,636 shares of common stock remained indirectly held. The reporting group states that, as a result of this sale, they ceased to be beneficial owners of more than 10% of NextCure’s common stock and therefore are no longer subject to Section 16 reporting for this issuer. Each reporting person disclaims beneficial ownership beyond their pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 30,000 | $6.16 | $185K |
Footnotes (3)
- F1. The securities reported herein were directly held by Simcere Zaiming, Inc. ("Simcere Zaiming") and may be deemed to have been indirectly beneficially owned by the other Reporting Persons.
- F2. Jiangsu Simcere Zaiming Pharmaceutical Co., Ltd. ("Jiangsu Zaiming") is the sole shareholder of Simcere Zaiming. Simcere Zaiming Pharmaceutical Co., Ltd. (formerly known as Hainan Simcere Zaiming Pharmaceutical Co., Ltd.) is the sole shareholder of Jiangsu Zaiming. Simcere Pharmaceutical Group Limited ("Simcere Group") is the controlling shareholder of Simcere Zaiming Pharmaceutical Co., Ltd. through several intermediate companies. Mr. Jinsheng Ren is the chairman of the board of directors of Simcere Group and a director of Simcere Zaiming Pharmaceutical Co., Ltd. Mr. Renhong Tang is a director of Simcere Group, the chief executive officer and chairman of the board of directors of Simcere Zaiming Pharmaceutical Co., Ltd., a director of Jiangsu Zaiming and the chief executive officer and sole director of Simcere Zaiming. Messrs. Ren and Tang may be deemed to be the beneficial owners having shared voting power and shared investment power over the securities described herein.
- F3. Each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that any Reporting Person is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.
Key Figures
Key Terms
beneficial owner regulatory
Section 16 regulatory
indirectly beneficially owned regulatory
pecuniary interest financial
indirect ownership regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NXTC disclose from Simcere Zaiming, Inc.?
Did the Simcere reporting persons remain 10% owners of NXTC after the transaction?
Was the NXTC insider sale made under a Rule 10b5-1 trading plan?
Is the Simcere NXTC transaction a direct or indirect ownership change?
AI-generated analysis. How Rhea-AI works. Not financial advice.