Ma Cunjun 4/A
Research Summary
AI-generated summary
Huize (HUIZ) CEO Ma Cunjun Buys 7.84M ADS
What Happened
- Ma Cunjun, CEO of Huize Holding Ltd (HUIZ), reported three open-market purchases (Transaction code P). The filings show purchases of 1,000 ADS at $1.39, 2,000 ADS at $1.42, and 7,839,032 ADS at $0.01. The filing is an amended Form 4 filed 2026-04-07 covering activity reported for 2026-03-30 (and 2026-04-01 for the largest tranche). All transactions listed are acquisitions (purchases).
Key Details
- Transaction dates and prices:
- 2026-03-30: 1,000 ADS @ $1.39 — reported value $1,390
- 2026-03-30: 2,000 ADS @ $1.42 — reported value $2,840
- 2026-04-01: 7,839,032 ADS @ $0.01 — reported value $109,746 (as shown in the filing)
- Total ADS acquired in these entries: 7,842,032 ADS.
- ADS-to-common share conversion (footnote): each ADS represents 100 Class A common shares — equivalent to 784,203,200 Class A shares based on the ADS counts above.
- Shares owned after the transactions: not disclosed in the excerpt provided.
- Filing status: This is an amended Form 4 filed 2026-04-07 for transactions covering 2026-03-30 / 2026-04-01. The amendment suggests a correction or update to a prior filing; timeliness (whether original filing was late) is not indicated here.
Context
- These entries are purchases (not sales or option exercises). Purchases by insiders are often watched by investors as a potential positive signal, but filings do not state the insider’s motive.
- Note the ADS footnote: amounts reported are in American depositary shares; multiply ADS by 100 to see the underlying Class A common share equivalent.