Snail (NASDAQ: SNAL) director adds Class A shares and details Class B stakes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Snail, Inc. director and ten percent owner Zhou Ying reported indirect acquisitions and holdings of company stock. Two Form 4 entries show grants or awards of Class A Common Stock to SDE Inc., an entity controlled by Zhou Ying, totaling 4,000 shares at $0.93 per share on one date and 700 shares at $0.95 per share on another date, with updated indirect Class A holdings reported after each grant. The filing also reports large indirect holdings of Class B Common Stock held by a spouse and by Amethyst Fortune Development Limited, an entity controlled by Zhou Ying, indicating significant voting or economic exposure through related parties.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Zhou Ying
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4,000 | $0.93 | $4K |
| Grant/Award | Class A Common Stock | 700 | $0.95 | $665.00 |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 5,200 shares (Indirect, By SDE, Inc.);
Class B Common Stock — 4,644,990 shares (Indirect, By Amethyst Fortune Development Limited)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.9496 through $0.9525. The reporting person undertakes to provide to Snail, Inc., any security holder of Snail, Inc. or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. SDE Inc. is corporation organized under the laws of California and is controlled by the reporting person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.9224 through $0.9488. The reporting person undertakes to provide to Snail, Inc., any security holder of Snail, Inc. or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Amethyst Fortune Development Limited is an entity organized under the laws of the British Virgin Islands and is controlled by the reporting person.
Key Figures
Class A grant 1: 4,000 shares at $0.93
Class A holdings after grant 1: 5,200 shares
Class A grant 2: 700 shares at $0.95
+3 more
6 metrics
Class A grant 1
4,000 shares at $0.93
Non-derivative grant/award to SDE Inc.
Class A holdings after grant 1
5,200 shares
Indirect Class A holdings by SDE Inc. after grant
Class A grant 2
700 shares at $0.95
Non-derivative grant/award to SDE Inc.
Class A holdings after grant 2
1,200 shares
Indirect Class A holdings by SDE Inc. after grant
Class B holdings via spouse
24,103,590 shares
Indirect Class B Common Stock held by spouse
Class B holdings via Amethyst
4,644,990 shares
Indirect Class B Common Stock held by Amethyst Fortune Development Limited
Key Terms
Class A Common Stock, Class B Common Stock, grant or award acquisition, indirect ownership, +1 more
5 terms
Class A Common Stock financial
"Two Form 4 entries show grants or awards of Class A Common Stock to SDE Inc."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Class B Common Stock financial
"The filing also reports large indirect holdings of Class B Common Stock held by a spouse and by Amethyst Fortune Development Limited."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
grant or award acquisition financial
"Two Form 4 entries show grants or awards of Class A Common Stock to SDE Inc., an entity controlled by Zhou Ying."
indirect ownership financial
"Two Form 4 entries show grants or awards of Class A Common Stock to SDE Inc., reflecting indirect ownership."
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What insider activity did Snail (SNAL) report for Zhou Ying in this Form 4?
Snail reported stock grants to an entity controlled by Zhou Ying. The filing shows two grant or award acquisitions of Class A Common Stock to SDE Inc., along with updated indirect holdings of both Class A and Class B shares through related entities.
At what prices were the Snail (SNAL) Class A grants reported?
The Form 4 lists grant prices of $0.93 and $0.95 per share. These amounts apply to non-derivative acquisitions of Class A Common Stock by SDE Inc., an entity organized in California that is controlled by Zhou Ying.
What indirect Class B holdings of Snail (SNAL) does Zhou Ying report?
The filing reports two large indirect Class B positions. One block of Class B Common Stock is held by a spouse, and another is held by Amethyst Fortune Development Limited, a British Virgin Islands entity controlled by Zhou Ying, reflecting substantial indirect ownership.
Who are SDE Inc. and Amethyst Fortune Development Limited in relation to Snail (SNAL)?
They are entities controlled by reporting person Zhou Ying. SDE Inc. is a California corporation, and Amethyst Fortune Development Limited is organized in the British Virgin Islands. Both hold Snail equity indirectly on behalf of, and controlled by, Zhou Ying.
Does this Snail (SNAL) Form 4 show open-market buying or selling?
The structured data characterizes the key entries as grants or awards. The transactions with explicit codes are labeled as non-derivative grant or award acquisitions, rather than open-market purchases or sales, and other Class B entries are reported as holdings without buy or sell designations.