Zeta Network holder HRT sells 1,586 shares
Rhea-AI Filing Summary
Zeta Network Group (ZNB) reported that major shareholder HRT FINANCIAL LP, a ten percent owner, executed two open-market or private sales of ZNB common stock. On August 25 and 26, 2026, HRT sold a combined 1,586 shares at prices of $1.78 and $1.75 per share, respectively, with the transactions described as resulting in short sales. The filing does not state HRT’s post-transaction share holdings, and the Rule 10b5-1 trading plan checkbox was left unchecked.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,586 shares
Net Sell
2 txns
Insider
HRT FINANCIAL LP
Role
10% Owner
Sold
1,586 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,040 | $1.75 | $2K |
| Sale | Common Stock F1, F2 | 546 | $1.78 | $971.88 |
Holdings After Transaction:
Common Stock — 3,268 shares (Direct)
Footnotes (2)
- F1. We will provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
- F2. Resulting in short sales.
Key Figures
Total shares sold: 1,586 shares of common stock
Sale on 2026-08-25: 546 shares at $1.78 per share
Sale on 2026-08-26: 1,040 shares at $1.75 per share
+2 more
5 metrics
Total shares sold
1,586 shares of common stock
Aggregate of Form 4 transactionSummary sellShares for August 25–26, 2026
Sale on 2026-08-25
546 shares at $1.78 per share
Non-derivative common stock sale by HRT FINANCIAL LP
Sale on 2026-08-26
1,040 shares at $1.75 per share
Non-derivative common stock sale by HRT FINANCIAL LP
Net buy/sell direction
Net sell of 1,586 shares
transactionSummary netBuySellShares and netBuySellDirection
Ownership status
Ten percent owner
HRT FINANCIAL LP flagged as is_ten_percent_owner = 1
Key Terms
ten percent owner, short sales, open market or private transaction, Rule 10b5-1
4 terms
ten percent owner regulatory
"HRT FINANCIAL LP is marked as a ten percent owner of the issuer"
short sales financial
"A footnote states that the reported trades were resulting in short sales"
Short sales are trades where an investor borrows shares and sells them immediately, aiming to buy them back later at a lower price and return them to the lender; the profit is the difference if the price falls. This matters to investors because short selling can signal negative expectations about a company, add downward pressure on a stock’s price, and carries unlimited loss risk if the stock rises instead of falls—like betting a borrowed item will be cheaper to replace later.
open market or private transaction financial
"Transaction code S is described as Sale in open market or private transaction"
Rule 10b5-1 regulatory
"The Rule 10b5-1 checkbox (aff_10b5_one) is shown as false"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider activity did Zeta Network Group (ZNB) disclose in this Form 4?
Zeta Network Group disclosed that HRT FINANCIAL LP, a ten percent owner, reported two sales of ZNB common stock totaling 1,586 shares on August 25 and 26, 2026, executed as open-market or private transactions and noted as resulting in short sales.
Did the reported ZNB transactions by HRT FINANCIAL LP involve short sales?
Yes. A footnote states that the reported sales were “resulting in short sales”, indicating that the transactions created short positions rather than reflecting only the sale of existing long holdings.
Were HRT FINANCIAL LP’s ZNB trades reported under a Rule 10b5-1 trading plan?
No. The Form 4’s Rule 10b5-1 checkbox is not checked, and there is no footnote indicating that the trades were executed pursuant to a Rule 10b5-1 trading plan.
Does the Form 4 state HRT FINANCIAL LP’s ZNB holdings after these sales?
No. For each transaction, the field for total shares following the transaction is blank, so the filing does not disclose HRT FINANCIAL LP’s remaining ZNB position after these trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
