Oceanhawk (NASDAQ: OHAC) director gains indirect 50K founder stake
Rhea-AI Filing Summary
Oceanhawk Acquisition Corp. (OHAC) director Jonathan Nickell reported an indirect acquisition related to 50,000 Class B Ordinary Shares (founder shares)$0.004 per share
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 50,000 shares
Net Buy
1 txn
Insider
Nickell Jonathan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class B Ordinary Shares F1, F2 | 50,000 | $0.004 | $200.00 |
Holdings After Transaction:
Class B Ordinary Shares — 50,000 shares (Indirect, By Oceanhawk Acquisition I Sponsor, LLC)
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
Shares acquired indirectly: 50,000 shares
Price per share: $0.004 per share
Shares held after transaction: 50,000 shares
3 metrics
Shares acquired indirectly
50,000 shares
Class B Ordinary Shares (founder shares) tied to membership interests in sponsor LLC
Price per share
$0.004 per share
Nominal purchase price for membership interests reflecting founder shares
Shares held after transaction
50,000 shares
Indirect holdings through Oceanhawk Acquisition I Sponsor, LLC following the reported acquisition
Key Terms
Class B Ordinary Shares, founder shares, membership interests, transaction coded "J"
4 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.
transaction coded "J" regulatory
"Transaction coded "J" because the acquisition represents a grant of membership interests"
FAQ
What insider transaction did OHAC director Jonathan Nickell report?
Jonathan Nickell reported an indirect acquisition tied to 50,000 Class B founder shares of Oceanhawk Acquisition Corp., held through Oceanhawk Acquisition I Sponsor, LLC, via a grant of membership interests at a nominal purchase price.
Why is Jonathan Nickell’s OHAC transaction coded "J" on the Form 4?
The transaction is coded "J" because it represents a grant of membership interests in Oceanhawk Acquisition I Sponsor, LLC to Nickell, which does not correspond to any other standard Form 4 transaction code for acquisitions or dispositions.
AI-generated analysis. How Rhea-AI works. Not financial advice.