HRT Financial exits WORK Medical stake after net sale
HRT Financial LP, a ten percent owner of WORK Medical Technology Group, reported mixed trades in the company’s common stock.
Rhea-AI Filing Summary
HRT Financial LP, a ten percent owner of WORK Medical Technology Group, reported mixed trades in the company’s common stock. On May 28, 2026, it made an open‑market purchase of 1,535,850 shares at $0.09 per share.
On May 29, 2026, HRT Financial then executed an open‑market sale of 2,619,607 shares at $0.10 per share, leaving reported direct holdings at 0 shares. Across both days, this represents a net sale of 1,083,757 shares of WORK Medical common stock.
Positive
- None.
Negative
- A ten percent owner, HRT Financial LP, executed a net sale of 1,083,757 shares of WORK Medical Technology Group common stock across May 28–29, 2026, reducing reported direct holdings from previously held levels to 0 shares.
Insights
Large shareholder’s net sale fully exits reported WOK position.
HRT Financial LP, identified as a ten percent owner, combined a sizeable open‑market purchase on May 28, 2026 with a larger sale on May 29, 2026. The purchase covered 1,535,850 common shares at $0.09 each, followed by a sale of 2,619,607 shares at $0.10.
After these transactions, reported direct holdings in WORK Medical common stock fell to 0 shares, implying a full exit of the visible position in this filing. The net effect is a 1,083,757‑share reduction in ownership. The filing does not discuss reasons or broader company fundamentals, so interpretation focuses strictly on this ownership change.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,619,607 | $0.10 | $262K |
| Purchase | Common Stock | 1,535,850 | $0.09 | $138K |
Key Figures
Key Terms
open-market sale financial
open-market purchase financial
ten percent owner financial
non-derivative financial
Form 4 regulatory
FAQ
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What insider transactions did HRT Financial LP report for WORK Medical Technology Group (WOK)?
Did HRT Financial LP increase or decrease its stake in WORK Medical Technology Group (WOK)?
What is the net effect of HRT Financial LP’s recent trades in WORK Medical (WOK) stock?
What type of transactions did HRT Financial LP use for its WORK Medical (WOK) trades?
AI-generated analysis. How Rhea-AI works. Not financial advice.