WORK Medical Technology (WOK) holder HRT Financial nets share increase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HRT Financial LP, a ten percent owner of WORK Medical Technology Group LTD, reported mixed trading in Common Stock. On June 1, it made an open-market purchase of 2,746,332 shares at $0.138 per share. On June 2, it made an open-market sale of 1,757,955 shares at $0.107 per share, for a net purchase of 988,377 shares overall.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 988,377 shares ($378,994)
Net Buy
2 txns
Insider
HRT FINANCIAL LP
Role
null
Bought
2,746,332 shs ($379K)
Sold
1,757,955 shs ($188K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,757,955 | $0.107 | $188K |
| Purchase | Common Stock | 2,746,332 | $0.138 | $379K |
Holdings After Transaction:
Common Stock — 0 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 2,746,332 shares
Purchase price: $0.138 per share
Shares sold: 1,757,955 shares
+2 more
5 metrics
Shares purchased
2,746,332 shares
Open-market purchase of Common Stock on June 1
Purchase price
$0.138 per share
Price for 2,746,332-share open-market purchase
Shares sold
1,757,955 shares
Open-market sale of Common Stock on June 2
Sale price
$0.107 per share
Price for 1,757,955-share open-market sale
Net share change
988,377 shares
Net-buy across reported transactions
Key Terms
open-market purchase, open-market sale, ten percent owner, Common Stock
4 terms
open-market purchase financial
"transaction_action: "open-market purchase" for 2,746,332 shares"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
open-market sale financial
"transaction_action: "open-market sale" for 1,757,955 shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
ten percent owner financial
"is_ten_percent_owner: 1 for HRT Financial LP"
Common Stock financial
"security_title: "Common Stock" for both transactions"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transactions did HRT Financial report for WOK?
HRT Financial LP reported both an open-market purchase and an open-market sale of WORK Medical Technology Group LTD Common Stock, buying 2,746,332 shares and selling 1,757,955 shares over two days, resulting in a net increase of 988,377 shares.
What type of owner is HRT Financial LP in WORK Medical Technology Group LTD?
HRT Financial LP is identified as a ten percent owner of WORK Medical Technology Group LTD in the Form 4, meaning it holds or has held at least ten percent of the company’s outstanding Common Stock.