[Form 4] Vestand Inc. Insider Trading Activity

Rhea-AI Filing Summary

Vestand (VSTD) director James Chae reported open-market sales of Class A common stock. On 10/22/2025, he sold 5,000 shares at $1.20. On 10/23/2025, he sold 5,000 shares at $1.26 and 5,000 at $1.23. On 10/24/2025, he sold 3,039 shares at $1.20. Following the last transaction, he beneficially owned 2,529,506 shares, held directly.

Insider Trade Summary

Net Seller: 18,039 shares ($22,097)

Net Sell 4 txns

Insider Chae James

Role 10% Owner

Sold 18,039 shs ($22K)

Type	Security	Shares	Price	Value
Sale	Class A common stock, $0.0001 par value	3,039	$1.20	$4K
Sale	Class A common stock, $0.0001 par value	5,000	$1.26	$6K
Sale	Class A common stock, $0.0001 par value	5,000	$1.23	$6K
Sale	Class A common stock, $0.0001 par value	5,000	$1.20	$6K

Holdings After Transaction: Class A common stock, $0.0001 par value — 2,529,506 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Chae James

(Last) (First) (Middle)

6940 BEACH BLVD SUITE D-705

(Street)

BUENA PARK CA 90621

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Vestand Inc. [ VSTD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/22/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A common stock, $0.0001 par value	10/22/2025		S		5,000	D	$1.2	2,542,545	D
Class A common stock, $0.0001 par value	10/23/2025		S		5,000	D	$1.26	2,537,545	D
Class A common stock, $0.0001 par value	10/23/2025		S		5,000	D	$1.23	2,532,545	D
Class A common stock, $0.0001 par value	10/24/2025		S		3,039	D	$1.2	2,529,506	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ James Chae	10/24/2025
	** Signature of Reporting Person	Date
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.

FAQ

What insider activity did Vestand (VSTD) disclose?

A director, James Chae, reported open-market sales of Class A common stock on 10/22, 10/23, and 10/24/2025.

How many Vestand shares were sold and at what prices?

Sales included 5,000 shares at $1.20 (10/22/2025), 5,000 at $1.26 and 5,000 at $1.23 (10/23/2025), and 3,039 at $1.20 (10/24/2025).

What is the reporting person's remaining Vestand share ownership?

Following the last transaction, beneficial ownership was 2,529,506 shares, held directly.

What security class was involved in the transactions?

The transactions involved Class A common stock, $0.0001 par value.

Were these transactions reported as direct or indirect ownership?

All reported holdings are listed as Direct (D) ownership.

What form reported this activity for Vestand (VSTD)?

The activity was disclosed on Form 4 under Section 16(a).