Yu Tsz Ngo 4

What Happened
Yu Tsz Ngo, Chief Financial Officer of Globavend Holdings Ltd (GVH), acquired 57,224 shares on April 29, 2026, in an open-market purchase at $61.16 per share for a total of $3,499,820. The Form 4 also reports acquisition of 100 shares at $0.00 (no purchase price listed). This filing records purchases (insider buys), not sales.

Key Details

• Transaction date: 2026-04-29 (open-market purchase, code P)
• Prices and amounts: 57,224 shares @ $61.16 = $3,499,820; 100 shares @ $0.00 = $0
• Filing date / Accession: Filed 2026-05-04; Accession No. 0001213900-26-051690
• Shares owned after transaction: Filing notes the reported securities represent ~97.7% of the company’s voting power (based on 2,286,819 shares outstanding per filing) — roughly 2.23M shares beneficially owned as reported.
• Footnotes:
  • F1: Reported securities ≈97.7% of total voting power (based on 2,286,819 shares outstanding as of Feb 13, 2026).
  • F2: The securities are directly held by Central Master Enterprises Limited; Mr. Yu, as a controlling shareholder of that entity, may be deemed the beneficial owner.
• Timeliness: Filing lists transaction date 4/29/2026 and was submitted 5/4/2026; no explicit late-filing flag is noted in the summary.

Context
Insider purchases are often watched by retail investors as a signal of confidence, but filings only show the transaction details, not the insider’s motives. In this case the shares are held directly by a private entity (Central Master Enterprises Limited), and Yu Tsz Ngo is reported as the controlling shareholder of that entity, explaining the large reported voting stake. The 100 shares at $0.00 are reported with no price; the filing does not provide additional explanation.