Pasqal director Jean Raby named insider, no holdings
Director Jean Raby filed an initial Form 3 for Pasqal Holding SA, with no trades reported and the issuer treated as a foreign private issuer exempt from Sections 16(b) and 16(c).
Rhea-AI Filing Summary
Pasqal Holding SA (ticker PSQL) filed an initial insider ownership report for director Jean Raby on Form 3. The company is identified as a foreign private issuer under Rule 3a12-3(b) of the Securities Exchange Act, so the director’s transactions in its equity securities are exempt from Sections 16(b) and 16(c). No specific holdings or transactions are reported in this filing.
Positive
- None.
Negative
- None.
Key Figures
Buy transactions reported: 0 transactions
Sell transactions reported: 0 transactions
Derivative transactions reported: 0 transactions
3 metrics
Buy transactions reported
0 transactions
Buy transactions in Pasqal Holding SA equity securities reported in this Form 3
Sell transactions reported
0 transactions
Sell transactions in Pasqal Holding SA equity securities reported in this Form 3
Derivative transactions reported
0 transactions
Derivative security transactions associated with this Form 3
Key Terms
foreign private issuer, Rule 3a12-3(b), Sections 16(b) and 16(c), Power of Attorney
4 terms
foreign private issuer regulatory
"Due to the issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b)"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
Rule 3a12-3(b) regulatory
"pursuant to Rule 3a12-3(b) under the Securities Exchange Act of 1934"
Sections 16(b) and 16(c) regulatory
"transactions in the issuer's equity securities are exempt from Sections 16(b) and 16(c) of the Act"
Power of Attorney regulatory
"Exhibit 24.1 - Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
What does the Form 3 filed for PSQL by Jean Raby report?
It reports that Jean Raby is a director of Pasqal Holding SA (PSQL) and provides his initial insider status under U.S. securities rules. The filing does not report any specific holdings or transactions in the company’s equity securities.
What is the significance of Pasqal Holding SA being a foreign private issuer for PSQL insiders?
Pasqal Holding SA is described as a foreign private issuer under Rule 3a12-3(b). As a result, the reporting person’s transactions in its equity securities are stated to be exempt from Sections 16(b) and 16(c) of the Securities Exchange Act of 1934.
Does the PSQL Form 3 mention a Rule 10b5-1 trading plan for Jean Raby?
No. The filing’s Rule 10b5-1 indicator is null, and there are no footnotes describing any trading plan. With no transactions reported, the document does not link any activity to a Rule 10b5-1 plan.
What additional document is referenced in the Pasqal Holding SA (PSQL) Form 3?
The remarks reference Exhibit 24.1 – Power of Attorney. This indicates that a power of attorney has been provided, typically authorizing another person to sign certain SEC filings on the reporting person’s behalf.
AI-generated analysis. How Rhea-AI works. Not financial advice.