ReTo (RETO) COO Guangfeng Dai reports indirect Class A and B holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ReTo Eco-Solutions, Inc. executive Guangfeng Dai, the company’s COO and President, filed an initial Form 3 detailing his indirect holdings. Through a 20% stake in REIT International (Group) Co, he beneficially owns 156 Class A shares and 200,000 Class B shares of ReTo Eco-Solutions. The filing reports existing ownership rather than new share purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Guangfeng Dai
Role
COO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Shares | -- | -- | -- |
| holding | Class B Shares | -- | -- | -- |
Holdings After Transaction:
Class A Shares — 156 shares (Indirect, By REIT International (Group) Co);
Class B Shares — 200,000 shares (Indirect, By REIT International (Group) Co)
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 the ReTo (RETO) Form 3 filed by Guangfeng Dai report?
The Form 3 reports existing indirect share ownership by executive Guangfeng Dai. It shows his beneficial interest in Class A and Class B shares of ReTo Eco-Solutions through REIT International (Group) Co, rather than any new purchases or sales.
Are Guangfeng Dai’s ReTo (RETO) holdings direct or indirect on this Form 3?
The holdings are reported as indirect ownership. Shares are held by REIT International (Group) Co, a Hong Kong company, and Guangfeng Dai’s beneficial interest comes from his 20% ownership stake in that entity, not from shares registered in his own name.
Did the ReTo (RETO) Form 3 for Guangfeng Dai disclose any stock purchases or sales?
No, the Form 3 does not show any buy or sell transactions. It is an initial ownership report listing existing indirect positions in Class A and Class B shares as of the filing date, without recording new market trades.
What role does REIT International (Group) Co play in Guangfeng Dai’s ReTo (RETO) holdings?
REIT International (Group) Co directly holds ReTo shares, and Guangfeng Dai owns 20% of that company. The Form 3 states he beneficially owns 20% of the 781 Class A and 1,000,000 Class B shares held by REIT International, translated into his reported share amounts.
Why is ReTo (RETO) COO and President Guangfeng Dai required to file a Form 3?
As ReTo’s COO and President, Guangfeng Dai is a company insider subject to SEC reporting rules. Form 3 serves as his initial statement of beneficial ownership, disclosing his indirect positions when he first becomes a reporting person or when requirements first apply.