Director boosts Polestar (PSNY) stake with 1,700-share ADS purchase
Rhea-AI Filing Summary
Polestar Automotive Holding UK PLC director Zhang Quan (Joe) bought shares in the company. On June 30, 2026, he made an open-market purchase of 1,700 Class A American Depositary Shares at $17.70 per share. After this transaction, his direct holdings increased to 3,300 Class A ADS.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,700 shares
Net Buy
1 txn
Insider
Zhang Quan (Joe)
Role
Director
Bought
1,700 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A American Depositary Shares | 1,700 | $17.70 | $30K |
Holdings After Transaction:
Class A American Depositary Shares — 3,300 shares (Direct)
Key Figures
Shares purchased: 1,700 shares
Purchase price: $17.70 per share
Total direct holdings: 3,300 shares
3 metrics
Shares purchased
1,700 shares
Open-market buy of Class A ADS on June 30, 2026
Purchase price
$17.70 per share
Price paid for Class A American Depositary Shares
Total direct holdings
3,300 shares
Class A ADS held directly after the transaction
Key Terms
Class A American Depositary Shares, open-market purchase, direct ownership
3 terms
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
direct ownership financial
"ownership_type: "direct" and ownership_code: "D""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Polestar (PSNY) report for Zhang Quan (Joe)?
Polestar reported that director Zhang Quan (Joe) made an open-market purchase of 1,700 Class A American Depositary Shares. The transaction occurred on June 30, 2026, and involved buying the shares at a price of $17.70 per share.
Was the Polestar (PSNY) insider transaction a buy or a sell?
The transaction was a buy. The Form 4 identifies the code "P" and describes it as an open-market purchase, confirming that 1,700 Class A American Depositary Shares were acquired rather than sold by director Zhang Quan (Joe).
Is the Polestar (PSNY) insider holding direct or indirect after this transaction?
The filing indicates that the holdings are direct. The ownership type is marked as "D" for direct, and total shares following the transaction are reported as 3,300 Class A American Depositary Shares held directly by Zhang Quan (Joe).