Wang Michael Xue 4
4 · Ispire Technology Inc. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Ispire (ISPR) CEO Michael Wang Buys 8,000 Shares
What Happened
Michael Xue Wang, CEO of Ispire Technology Inc. (ISPR), purchased a total of 8,000 shares of Ispire common stock in multiple open-market transactions between Feb 24 and Feb 26, 2026. The purchases consisted of: Feb 24 — 2,000 shares at $2.21 (total $4,413); Feb 25 — 4,000 shares (1,084 @ $2.34; 916 @ $2.36; 2,000 @ $2.30) totaling $9,308; Feb 26 — 2,000 shares (1,900 @ $2.41; 100 @ $2.39) totaling $4,809. Aggregate cost for the 8,000 shares was $18,530. These were purchases (code P), which are typically viewed as a more bullish signal than sales.
Key Details
- Transaction dates and prices:
- 2026-02-24: 959 @ $2.21 and 1,041 @ $2.21 (2,000 shares; $4,413)
- 2026-02-25: 1,084 @ $2.34; 916 @ $2.36; 2,000 @ $2.30 (4,000 shares; $9,308)
- 2026-02-26: 1,900 @ $2.41; 100 @ $2.39 (2,000 shares; $4,809)
- Total: 8,000 shares purchased for $18,530 (approx. $2.32 per share average).
- Shares owned after the transactions: not specified in the filing.
- Footnote: Mr. Wang has sole voting and dispositive power over shares of Ispire common stock owned by Peak Group LLC (per filing footnote).
- Filing timeliness: Form 4 was filed on Feb 26, 2026, reporting trades from Feb 24–26; the filing shows no late-filing flag.
Context
These were open-market purchases by the CEO (transaction code P). Purchases by executives can signal confidence but are not proof of future performance; retail investors should consider these trades alongside company fundamentals and other news. The footnote about Peak Group LLC indicates Mr. Wang has control over shares held by that entity, but the filing lists these specific transactions as purchases by him.
Insider Transaction Report
- Purchase
Common Stock
2026-02-24$2.21/sh+959$2,118→ 454,841 total - Purchase
Common Stock
2026-02-24$2.21/sh+1,041$2,295→ 455,882 total - Purchase
Common Stock
2026-02-25$2.34/sh+1,084$2,537→ 456,966 total - Purchase
Common Stock
2026-02-25$2.36/sh+916$2,162→ 457,882 total - Purchase
Common Stock
2026-02-25$2.30/sh+2,000$4,609→ 459,882 total - Purchase
Common Stock
2026-02-26$2.41/sh+1,900$4,570→ 461,782 total - Purchase
Common Stock
2026-02-26$2.39/sh+100$239→ 461,882 total
- 1,000,000(indirect: By LLC)
Common Stock
[F1]
Footnotes (1)
- [F1]Mr. Wang has sole voting and dispositive power over the shares of Ispire Technology Inc.'s common stock, par value $0.0001 per share, owned by Peak Group LLC.