Oceanhawk Acquisition Corp. (OHAC) CFO granted 75K founder-share stake
Rhea-AI Filing Summary
Oceanhawk Acquisition Corp. (OHAC) reported that its CFO and President, Ryan Jon, was allocated membership interests in Oceanhawk Acquisition I Sponsor, LLC corresponding to an indirect interest in 75,000 Class B Ordinary Shares (founder shares) at a nominal price of $0.004 per share. These shares are held by the sponsor entity, and Ryan Jon has no right to control the sponsor or to vote or dispose of the securities it holds.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 75,000 shares
Net Buy
1 txn
Insider
Ryan Jon
Role
CFO & President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class B Ordinary Shares F1, F2 | 75,000 | $0.004 | $300.00 |
Holdings After Transaction:
Class B Ordinary Shares — 75,000 shares (Indirect, By Oceanhawk Acquisition I Sponsor)
Footnotes (2)
- F1. Represents Class B Ordinary Shares (founder shares) held indirectly through membership interests in Oceanhawk Acquisition I Sponsor, LLC. The reporting person received membership interests reflecting the number of founder shares indicated, at a nominal purchase price. The reporting person has no right to control Oceanhawk Acquisition I Sponsor, LLC or vote or dispose of any securities held by it.
- F2. Transaction coded "J" because the acquisition represents a grant of membership interests by Oceanhawk Acquisition I Sponsor, LLC to the reporting person, which does not correspond to any other available transaction code.
Key Figures
Indirect founder shares acquired: 75,000 shares
Nominal purchase price: $0.004 per share
Shares following transaction: 75,000 shares
3 metrics
Indirect founder shares acquired
75,000 shares
Class B Ordinary Shares (founder shares) tied to membership interests in sponsor LLC
Nominal purchase price
$0.004 per share
Price for membership interests reflecting the founder shares indicated
Shares following transaction
75,000 shares
Total Class B Ordinary Shares indirectly held after the reported transaction
Key Terms
Class B Ordinary Shares, founder shares, membership interests, indirectly, +1 more
5 terms
membership interests financial
"held indirectly through membership interests in Oceanhawk Acquisition I Sponsor, LLC"
An ownership stake in a limited liability company (LLC) that represents a holder’s share of the business’s profits, losses, and decision-making power. Think of it like a slice of the company’s pie and a seat at its management table: it determines how much money the owner can receive and how much influence they have over company choices. Investors care because these interests affect returns, control, transferability, and tax treatment.
indirectly financial
"Represents Class B Ordinary Shares (founder shares) held indirectly through membership interests"
transaction coded "J" regulatory
"Transaction coded "J" because the acquisition represents a grant of membership interests"
FAQ
What insider transaction did OHAC report for CFO Ryan Jon?
Oceanhawk Acquisition Corp. reported that CFO and President Ryan Jon received membership interests in its sponsor LLC tied to 75,000 Class B founder shares, acquired at a nominal $0.004 per share, held indirectly through Oceanhawk Acquisition I Sponsor, LLC.
Why is the OHAC Form 4 transaction coded "J" for Ryan Jon?
The transaction is coded "J" because it represents a grant of membership interests in the sponsor LLC to Ryan Jon, which does not match any other standard SEC transaction code. It reflects an internal restructuring-type allocation rather than a market buy or sell.
AI-generated analysis. How Rhea-AI works. Not financial advice.