Wing Yip CEO buys 13M shares in placement
WYHG’s CEO and major shareholder received 13 million new ordinary shares in a private placement at KRW 1,600 per share.
Rhea-AI Filing Summary
Wing Yip Food Holdings Group Ltd (WYHG) reported that Chief Executive Officer, director, and more-than-10% owner Wang Tingfeng acquired 13,000,000 Ordinary Shares on September 7, 2026. The shares were obtained in a private placement at a subscription price of KRW 1,600 per share, bringing his reported direct holdings to 16,233,007 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 13,000,000 shares
Grant/Award
1 txn
Insider
Wang Tingfeng
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F1 | 13,000,000 | -- | -- |
Holdings After Transaction:
Ordinary Shares — 16,233,007 shares (Direct)
Footnotes (1)
- F1. Tingfeng Wang acquired 13,000,000 ordinary shares of Wing Yip Food Holdings Group Limited pursuant to a private placement at a subscription price of KRW 1,600 per share.
Key Figures
Shares acquired: 13,000,000 Ordinary Shares
Subscription price: KRW 1,600 per share
Shares owned after transaction: 16,233,007 Ordinary Shares
+1 more
4 metrics
Shares acquired
13,000,000 Ordinary Shares
Grant, award, or other acquisition on September 7, 2026
Subscription price
KRW 1,600 per share
Private placement to Wang Tingfeng
Shares owned after transaction
16,233,007 Ordinary Shares
Direct holdings of Wang Tingfeng following the acquisition
Transactions acquiring shares
1 transaction
Non-derivative acquisition reported in this Form 4
Key Terms
private placement, subscription price, Ordinary Shares
3 terms
private placement financial
"acquired 13,000,000 ordinary shares ... pursuant to a private placement"
A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.
subscription price financial
"pursuant to a private placement at a subscription price of KRW 1,600"
Subscription price is the set amount an investor pays to buy newly issued shares, bonds or units when a company offers them directly, such as in a rights issue or subscription offering. It matters because it determines how much an investor’s ownership cost will be, affects potential gains or losses and influences dilution of existing shareholders—think of it as a pre-order price that helps decide whether joining the new issue is worthwhile.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did WYHG report for Wang Tingfeng?
WYHG reported that CEO and director Wang Tingfeng acquired 13,000,000 Ordinary Shares on September 7, 2026 through a grant, award, or other acquisition classified as a private placement.
Was the WYHG insider transaction made under a Rule 10b5-1 trading plan?
The filing indicates that no Rule 10b5-1 trading plan was affirmed for this transaction, meaning the document-level checkbox for such a plan is not selected.
AI-generated analysis. How Rhea-AI works. Not financial advice.