STOCK TITAN

Sino Green Land (SGLA) insider restructures holdings via reverse split and share exchange

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sino Green Land Corp. director and 10% owner Wo Kuk Ching reported two non-market restructuring transactions in the company’s common stock. A 500-for-1 reverse stock split on November 21, 2022 reduced his beneficial ownership from 380,000,000 shares to 760,000 shares. On October 1, 2023, under a Share Exchange Agreement with Sunshine Green Land Corp. SGL, he acquired 56,122,222 shares of common stock. After these adjustments, he beneficially owns 56,122,222 shares, with both events reported under transaction code J for “other acquisition or disposition,” not as open-market buys or sells.

Positive

  • None.

Negative

  • None.
Insider Wo Kuk Ching
Role null
Type Security Shares Price Value
Other Common Stock 56,122,222 $0.001 $56K
Other Common Stock 379,240,000 $0.001 $379K
Holdings After Transaction: Common Stock — 56,122,222 shares (Direct, null)
Footnotes (1)
  1. On November 21, 2022, a 500-for-1 reverse stock split of the Issuer's common stock was effected. As a result, the reporting person's beneficial ownership of Common Stock decreased from 380,000,000 shares to 760,000 shares. Transaction Code J is used for this disposition. On October 1, 2023, pursuant to a Share Exchange Agreement between the Issuer and Sunshine Green Land Corp. SGL, the reporting person acquired 56,122,222 shares of Common Stock. Transaction Code J is used for this acquisition. The reporting person's previously filed Form 3 (filed on October 28, 2021) reported 380,000,000 shares of Common Stock. Following the reverse split and the share exchange acquisition, the reporting person currently beneficially owns 56,122,222 shares of Common Stock.
Reverse stock split ratio 500-for-1 Reverse split of common stock on November 21, 2022
Pre-split holdings 380,000,000 shares Beneficial ownership before reverse stock split
Post-split holdings 760,000 shares Beneficial ownership after 500-for-1 reverse split
Shares acquired in exchange 56,122,222 shares Common stock acquired on October 1, 2023 via Share Exchange Agreement
Current beneficial ownership 56,122,222 shares Beneficial ownership after reverse split and share exchange
Restructuring share total 435,362,222 shares Total shares involved in J-code restructuring transactions
Reported price per share $0.0010 per share Transaction price per share shown for both J-code entries
reverse stock split financial
"On November 21, 2022, a 500-for-1 reverse stock split of the Issuer's common stock was effected."
A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.
Share Exchange Agreement financial
"On October 1, 2023, pursuant to a Share Exchange Agreement between the Issuer and Sunshine Green Land Corp. SGL, the reporting person acquired 56,122,222 shares"
A share exchange agreement is a legal deal where shareholders trade their shares in one company for shares in another, commonly used in mergers, acquisitions or corporate reorganizations. Think of it like swapping ownership cards in a game: the swap can change who controls the business, how many shares each person owns, and the value and liquidity of those holdings, so investors need to understand the exchange ratio, potential dilution and long-term impact on value and voting power.
beneficial ownership financial
"the reporting person's beneficial ownership of Common Stock decreased from 380,000,000 shares to 760,000 shares."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
transaction code J regulatory
"Transaction Code J is used for this disposition."
other acquisition or disposition regulatory
"Transaction Code J is used for this acquisition."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Wo Kuk Ching

(Last)(First)(Middle)
8H,TOWER 21, LAGUNA VERDE,
8LAGUNA VERDE RD, HUNG HOM

(Street)
KOWLOON00000

(City)(State)(Zip)

HONG KONG

(Country)
2. Issuer Name and Ticker or Trading Symbol
Sino Green Land Corp. [ SGLA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/18/2022
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/18/2022J379,240,000D$0.001760,000(1)D
Common Stock10/01/2023J56,122,222A$0.00156,122,222(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On November 21, 2022, a 500-for-1 reverse stock split of the Issuer's common stock was effected. As a result, the reporting person's beneficial ownership of Common Stock decreased from 380,000,000 shares to 760,000 shares. Transaction Code J is used for this disposition.
2. On October 1, 2023, pursuant to a Share Exchange Agreement between the Issuer and Sunshine Green Land Corp. SGL, the reporting person acquired 56,122,222 shares of Common Stock. Transaction Code J is used for this acquisition. The reporting person's previously filed Form 3 (filed on October 28, 2021) reported 380,000,000 shares of Common Stock. Following the reverse split and the share exchange acquisition, the reporting person currently beneficially owns 56,122,222 shares of Common Stock.
/s/ WO KUK CHING05/27/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Wo Kuk Ching report for Sino Green Land Corp. (SGLA)?

Wo Kuk Ching reported two restructuring transactions coded J. A 500-for-1 reverse stock split reduced his holdings to 760,000 shares, then a Share Exchange Agreement increased his beneficial ownership to 56,122,222 shares of Sino Green Land common stock.

Did the Form 4 for Sino Green Land (SGLA) show open-market buying or selling?

No, the Form 4 shows transactions coded J, described as “other acquisition or disposition.” The filing and footnotes indicate a reverse stock split and a share exchange, not open-market purchases or sales of Sino Green Land common stock.

How did the reverse stock split affect Wo Kuk Ching’s SGLA share count?

The 500-for-1 reverse stock split on November 21, 2022 reduced his beneficial ownership from 380,000,000 Sino Green Land common shares to 760,000 shares. This mechanical adjustment used transaction code J for disposition in the Form 4 filing.

What is the current beneficial ownership of SGLA shares by Wo Kuk Ching?

After the reverse split and subsequent share exchange acquisition, Wo Kuk Ching beneficially owns 56,122,222 shares of Sino Green Land common stock. This figure is disclosed in the footnotes explaining the combined effect of both restructuring transactions.

What was the share exchange transaction reported for Sino Green Land (SGLA)?

On October 1, 2023, under a Share Exchange Agreement between Sino Green Land and Sunshine Green Land Corp. SGL, Wo Kuk Ching acquired 56,122,222 common shares. The Form 4 labels this as transaction code J, an “other acquisition or disposition.”