UMeWorld (UMEW) CFO Ding Yongbiao discloses 1.66M common shares in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
UMeWorld Inc. filed an initial ownership report showing that its CFO, Ding Yongbiao, holds 1,663,834 common shares directly following the reported date. This Form 3 filing establishes his baseline ownership position as an officer of the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ding Yongbiao
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common shares | -- | -- | -- |
Holdings After Transaction:
Common shares — 1,663,834 shares (Direct)
Footnotes (1)
Key Figures
Common shares owned: 1,663,834 shares
1 metrics
Common shares owned
1,663,834 shares
Total common shares directly owned by CFO after reported date
Key Terms
Form 3, Common shares, directly holds
3 terms
Form 3 regulatory
"This Form 3 filing establishes his baseline ownership position"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
directly holds financial
"CFO Ding Yongbiao directly holds 1,663,834 common shares"
FAQ
What does UMeWorld (UMEW) disclose about CFO Ding Yongbiao’s holdings in this Form 3?
UMeWorld reports that CFO Ding Yongbiao directly holds 1,663,834 common shares. This initial Form 3 filing establishes his baseline ownership position as an officer and provides investors with transparency into his equity stake in the company.
Is the UMeWorld (UMEW) Form 3 a buy or sell transaction?
This Form 3 does not report a buy or sell transaction. It is an initial ownership statement that records CFO Ding Yongbiao’s existing direct holdings of 1,663,834 common shares, rather than documenting newly executed trades or derivative exercises.
Does the UMeWorld (UMEW) Form 3 mention any derivative securities for the CFO?
The Form 3 shows no derivative securities for CFO Ding Yongbiao. The derivative summary is empty, indicating that only common share ownership is reported and there are no listed options, warrants, or other derivative holdings in this filing.
What is the purpose of this UMeWorld (UMEW) Form 3 filing for investors?
This Form 3 provides a baseline record of CFO Ding Yongbiao’s ownership of 1,663,834 common shares. It improves transparency by formally disclosing his equity stake as an officer, which can be compared with future Form 4 or Form 5 insider filings.