Polestar (PSNY) director reports initial 1,600 ADS ownership stake
Rhea-AI Filing Summary
Polestar Automotive Holding UK PLC director Zhang Quan (Joe) filed an initial ownership report showing direct holdings of 1,600 Class A American Depositary Shares. This Form 3 simply records his existing stake and does not reflect any reported purchases or sales of these securities.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zhang Quan (Joe)
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A American Depositary Shares | -- | -- | -- |
Holdings After Transaction:
Class A American Depositary Shares — 1,600 shares (Direct)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Polestar (PSNY) Form 3 filed by Zhang Quan (Joe) show?
The Form 3 shows that director Zhang Quan (Joe) directly holds 1,600 Class A American Depositary Shares of Polestar Automotive Holding UK PLC. This filing records his existing ownership position and does not indicate any recent purchase or sale activity.
How many Polestar Class A ADS does Zhang Quan (Joe) report owning?
Zhang Quan (Joe) reports direct ownership of 1,600 Class A American Depositary Shares of Polestar Automotive Holding UK PLC. This figure represents his beneficial holdings as disclosed in the Form 3 initial statement of beneficial ownership of securities.
Does the Polestar (PSNY) Form 3 indicate insider buying or selling?
The Form 3 does not indicate insider buying or selling activity. It is classified as a holding entry with 1,600 Class A ADS reported, meaning it records existing ownership rather than a new transaction such as a purchase, sale, or option exercise.
Is Zhang Quan (Joe) a director or officer of Polestar in this Form 3?
The Form 3 identifies Zhang Quan (Joe) as a director of Polestar Automotive Holding UK PLC and not as an officer. The filing lists his role as director and shows his directly held 1,600 Class A American Depositary Shares in that capacity.
Are the 1,600 Polestar ADS held directly or indirectly by Zhang Quan (Joe)?
The 1,600 Polestar Class A American Depositary Shares are held directly by Zhang Quan (Joe). The ownership code in the Form 3 is marked as “D” for direct ownership, with no indication of indirect holdings through entities or related parties.