HRT Financial LP (WOK) nets 2.64M-share swing in WORK Medical stock
Rhea-AI Filing Summary
WORK Medical Technology Group LTD reported that major shareholder HRT Financial LP, a ten percent owner, both bought and sold its common stock in closely timed trades. On June 15, 2026, HRT Financial LP purchased 268,927 shares in an open-market transaction at $0.095 per share.
The next day, June 16, 2026, it executed an open-market sale of 2,904,567 common shares at $0.058 per share. After these transactions, HRT Financial LP directly held 391,456 WORK Medical common shares, with no derivative positions reported in this filing.
Positive
- None.
Negative
- None.
Insights
HRT Financial LP made a large net sale while retaining a smaller remaining WOK stake.
The filing shows HRT Financial LP, identified as a ten percent owner of WORK Medical Technology Group LTD, carrying out both an open-market purchase and an open-market sale of common stock on consecutive days.
It bought 268,927 shares at $0.095 on June 15, 2026, then sold 2,904,567 shares at $0.058 on June 16, 2026, for a net disposition of 2,635,640 shares. Following these trades, it directly held 391,456 shares, and the filing lists no remaining derivative securities.
These are discretionary open-market transactions rather than option exercises or tax withholdings. Actual implications depend on broader share count and prior holdings, which are outside this single filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,904,567 | $0.058 | $168K |
| Purchase | Common Stock | 268,927 | $0.095 | $26K |