Chen Qi 4
Research Summary
AI-generated summary
MOGU Director Chen Qi Buys 6,419 Shares
What Happened
- Chen Qi, a director of MOGU Inc. (MOGU), reported a purchase of 6,419 shares on 2026-07-01 at $1.97 per share, for a total reported value of $12,639. This transaction is coded "P" (purchase), which investors often view as more informative than routine sales.
Key Details
- Transaction date and price: July 1, 2026 — 6,419 shares at $1.97 each.
- Total value reported: $12,639.
- Filing date: Form 4 filed July 6, 2026 — appears to be filed more than two business days after the transaction (may be a late filing).
- Shares owned after transaction: Not disclosed in the provided filing summary.
- Transaction code: P (open market or private purchase as reported).
- Footnote: F1 — "Every ADS represents 300 Class A ordinary shares."
Context
- Footnote F1 means the filing references American Depositary Shares (ADS). If the 6,419 figure refers to ADS, that would correspond to 6,419 × 300 = 1,925,700 underlying Class A ordinary shares; confirm on the full Form 4 whether the reported figure is ADS or ordinary shares. Purchases by directors can be seen positively by retail investors but do not by themselves prove future company performance.