[Form 4] Richtech Robotics Inc. Insider Trading Activity
Phil Zheng, Chief Operating Officer and Director of Richtech Robotics Inc. (RR), reported the sale of 100,000 shares of Class B common stock on 08/26/2025. The sale was executed in multiple open-market trades at prices ranging from $2.38 to $3.24, with a weighted-average price of $3.010. Following the sale, Mr. Zheng directly beneficially owns 1,100,000 shares. The Form 4 states the 100,000 shares sold were originally acquired by the reporting person in October 2019. No derivative securities are reported on this form. The filing is signed by Phil Zheng on 08/28/2025 and the reporter offers to provide transaction-level details upon request.
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Insights
TL;DR: Insider sold 100,000 Class B shares in open market at a $3.01 weighted average; remaining direct holding is 1.1M shares.
This Form 4 discloses a routine open-market disposition by a named executive officer and director. The sale was executed across multiple trades on a single day at prices between $2.38 and $3.24, producing a weighted-average of $3.010. The reporting person retains a substantial direct stake of 1,100,000 Class B shares after the transaction. No options, warrants, or other derivative instruments are reported, limiting changes to equity exposure to the disclosed share sale.
TL;DR: Disclosure is complete and signed; transaction details and provenance of sold shares are provided.
The filing includes clear identification of the reporting person as COO and Director and provides provenance for the sold shares (acquired October 2019). The reporter affirms willingness to supply full trade-level information, which supports transparency and compliance with Section 16 reporting obligations. The reported sale reduced direct ownership but leaves a material residual holding of 1.1 million Class B shares.