ReTo Eco-Solutions (RETO) officer details indirect Class A and B stakes
Rhea-AI Filing Summary
ReTo Eco-Solutions, Inc. executive Degang Hou filed an initial ownership report showing indirect holdings of both Class A and Class B shares. The filing lists 156 Class A Shares and 200,000 Class B Shares held indirectly through REIT International (Group) Co.
Footnotes explain that REIT International, a Hong Kong limited liability company in which Hou owns 20%, holds 781 Class A shares and 1,000,000 Class B shares, of which Hou is deemed to beneficially own 20%. The Form 3 does not report any new purchase or sale, only existing positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Shares | -- | -- | -- |
| holding | Class B Shares | -- | -- | -- |
Footnotes (1)
- The reporting person holds a 20% ownership of REIT International (Group) Co, a Hong Kong limited liability company ("REIT International") and beneficially owns 20% of the 781 Class A shares held by REIT International. The reporting person holds a 20% ownership of REIT International and beneficially owns 20% of the 1,000,000 Class B shares held by REIT International.
FAQ
What does Degang Hou’s Form 3 for ReTo Eco-Solutions (RETO) disclose?
What classes of ReTo Eco-Solutions (RETO) stock does Degang Hou beneficially own?
What role does Degang Hou hold at ReTo Eco-Solutions (RETO) in this Form 3?