Wang Michael Xue 4

What Happened
Michael Xue Wang, CEO of Ispire Technology Inc. (ISPR), made a series of open-market purchases (transaction code P) totaling 5,000 shares on Feb. 27 and Mar. 2, 2026. The purchases totaled $11,959, at an average price of about $2.39 per share. Small open-market buys like these are purchases (a bullish signal from an insider), though the dollar amounts are modest.

Key Details

• Transaction dates and prices:
  • 2026-02-27: 984 shares @ $2.38 ($2,342)
  • 2026-02-27: 100 shares @ $2.39 ($239)
  • 2026-02-27: 916 shares @ $2.44 ($2,234)
  • 2026-03-02: 100 shares @ $2.38 ($238)
  • 2026-03-02: 1,163 shares @ $2.41 ($2,798)
  • 2026-03-02: 1,737 shares @ $2.37 ($4,108)
• Total purchased: 5,000 shares for $11,959 (avg ~$2.39/share).
• Shares owned after transaction: not specified in the Form 4 provided.
• Footnote F1: Mr. Wang has sole voting and dispositive power over shares of Ispire common stock owned by Peak Group LLC (indicates control over that entity's holdings).
• Filing: Form 4 filed 2026-03-02 for transactions reported 2026-02-27; filing appears timely (no late-file flag).

Context

• These were straightforward open-market purchases (no options exercised, awards, or gifts). The filing does not indicate a 10b5-1 trading plan or other special arrangements.
• While insider purchases can be a positive signal, the total dollar amount here is relatively small, so investors should weigh this information alongside other fundamentals and news.