SOLAI Ltd (SLAI) director buys 54,275 ADS at $3.57 average price
Rhea-AI Filing Summary
Law Man San, a director of SOLAI Ltd, purchased 54,275 American Depositary Shares on July 16, 2026 at a weighted average price of $3.5745 per ADS in multiple trades between $3.2831 and $3.8937, increasing his direct holdings to 132,242 ADS. He also indirectly holds 85,572,963 Class A ordinary shares through Good Luck Capital Limited. Each ADS represents 700 Class A ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 54,275 shares
Net Buy
2 txns
Insider
Law Man San
Role
Director
Bought
54,275 shs ($194K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | American Depositary Shares F1, F2 | 54,275 | $3.5745 | $194K |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
American Depositary Shares — 132,242 shares (Direct);
Class A ordinary shares — 85,572,963 shares (Indirect, By Good Luck Capital Limited)
Footnotes (2)
- F1. Each American Depositary Share ("ADS") represents seven hundred (700) Class A ordinary shares.
- F2. Represents the weighted average purchase price. These ADSs were purchased in multiple transactions at prices ranging from $3.2831 to $3.8937 inclusive. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of ADSs purchased at each separate price within the range of prices set forth in this footnote.
Key Figures
ADS Purchased: 54,275 ADS
Weighted Average Price: $3.5745 per ADS
Price Range: $3.2831–$3.8937 per ADS
+3 more
6 metrics
ADS Purchased
54,275 ADS
American Depositary Shares bought on July 16, 2026 by director Law Man San
Weighted Average Price
$3.5745 per ADS
Average purchase price for 54,275 ADS acquired on July 16, 2026
Price Range
$3.2831–$3.8937 per ADS
Range of prices paid across multiple ADS purchase transactions
Direct ADS Holdings After Trade
132,242 ADS
Total American Depositary Shares directly owned after the July 16, 2026 purchase
Indirect Class A Ordinary Shares
85,572,963 shares
Class A ordinary shares indirectly held through Good Luck Capital Limited
ADS Share Ratio
700 Class A shares per ADS
Each ADS represents 700 Class A ordinary shares
Key Terms
American Depositary Shares, weighted average purchase price, Class A ordinary shares, indirect ownership
4 terms
weighted average purchase price financial
"Represents the weighted average purchase price. These ADSs were purchased"
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
indirect ownership financial
"total_shares_following_transaction 85,572,963.0000, direct_or_indirect I"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SOLAI Ltd (SLAI) recently report?
SOLAI Ltd reported that director Law Man San bought 54,275 American Depositary Shares (ADS) on July 16, 2026. The purchase was recorded as an open-market or private transaction, adding to his directly held ADS position in the company.
How many SOLAI (SLAI) ADS did director Law Man San buy and at what price?
Director Law Man San bought 54,275 ADS at a weighted average price of $3.5745 per ADS. These ADS were acquired in multiple trades, with individual prices ranging from $3.2831 to $3.8937 during the same trading day.
How many SOLAI (SLAI) ADS does Law Man San own after this purchase?
After the reported purchase, Law Man San directly owns 132,242 American Depositary Shares of SOLAI Ltd. This total reflects his ADS holdings immediately following the July 16, 2026 transactions in which he acquired 54,275 ADS in the market.
Was the SOLAI (SLAI) insider trade executed in a single transaction?
No. The 54,275 ADS purchase was executed in multiple transactions on July 16, 2026. Prices for these trades ranged from $3.2831 to $3.8937, producing a weighted average purchase price of $3.5745 per ADS.