Qin Zhen 4
4 · Linkhome Holdings Inc. · Filed May 14, 2026
Research Summary
AI-generated summary of this filing
Linkhome (LHAI) 10% Owner Zhen Qin Sells Shares
What Happened
Zhen Qin, a reported 10% owner of Linkhome Holdings, disposed of a total of 1,580,000 common shares at $1.50 per share for aggregate proceeds of roughly $2.37 million. The transactions occurred on 2026-01-16 (166,667 shares, ~$250k) and 2026-03-17 (1,413,333 shares, ~ $2.12M). Many of these were private transfers of restricted stock from entities he controls (Wallstreet Venture Partners and Hongshan Capital) to named individuals, rather than standard open‑market block trades. These are sales/dispositions (not purchases), which are typically routine transfers rather than a direct purchase signal.
Key Details
- Dates & price: 2026-01-16 and 2026-03-17 at $1.50 per share.
- Shares sold: 1,580,000 total (166,667 on Jan 16; 1,413,333 on Mar 17). Total proceeds reported ≈ $2,370,001.
- Notable private transfers: 79,167 shares to Renovix LLC; 50,000 to Chunmei Qiao; 37,500 to Jia Zhou; 633,333 to Shaoxia Bi; 350,000 from Hongshan Capital to Zhicui Shan; 282,000 to Sau Hing Pat; 148,000 to Xueping Shen. These were privately transferred and not effected through open market trades (per footnotes).
- Entity control & disclaimers: Qin reportedly has sole voting power over shares held by Wallstreet Venture Partners and Hongshan Capital but disclaims beneficial ownership beyond pecuniary interest. Footnote also notes certain shares are held by his spouse (Na Li), with a disclaimer of beneficial ownership except for pecuniary interest.
- Filing timeliness: This Form 4 is a late filing — the report attributes the delay to inadvertent administrative errors and states the transfers were historical private transfers of restricted securities.
Context
These transactions are dispositions by a 10% owner and include private transfers from affiliated entities to individuals. Private transfers of restricted stock and late filings affect transparency but do not necessarily indicate insider sentiment about the company’s public market price.
Insider Transaction Report
Form 4
Qin Zhen
DirectorCEO and Chairman10% Owner
Transactions
- Sale
Common Stock
[F1][F2]2026-01-16$1.50/sh−79,167$118,751→ 720,833 total(indirect: See Footnote) - Sale
Common Stock
[F3][F2]2026-01-16$1.50/sh−50,000$75,000→ 670,833 total(indirect: See Footnote) - Sale
Common Stock
[F4][F2]2026-01-16$1.50/sh−37,500$56,250→ 633,333 total(indirect: See Footnote) - Sale
Common Stock
[F5][F2]2026-03-17$1.50/sh−633,333$950,000→ 0 total(indirect: See Footnote) - Sale
Common Stock
[F6][F7]2026-03-17$1.50/sh−350,000$525,000→ 430,000 total(indirect: See Footnote) - Sale
Common Stock
[F8][F7]2026-03-17$1.50/sh−282,000$423,000→ 148,000 total(indirect: See Footnote) - Sale
Common Stock
[F9][F7]2026-03-17$1.50/sh−148,000$222,000→ 0 total(indirect: See Footnote)
Holdings
- 30,000(indirect: By Spouse)
Common Stock
[F10]
Footnotes (10)
- [F1]Reflects 79,167 shares of the issuer's common stock, par value $0.001 (the "Common Stock"), that were privately transferred by Wallstreet Venture Partners LLC ("Wallstreet Venture Partners") to Renovix LLC. This transaction was a private transfer and was not effected through any open market sale or trading transaction. This late filing relates to historical private transfers of restricted securities and is due to an inadvertent administrative error and not any error of the reporting person.
- [F10]These securities are held by Na Li, the spouse of the reporting person. For purposes of Section 16 of the Exchange Act, the reporting person disclaims beneficial ownership of any such securities, except to the extent of her pecuniary interest therein, if any, and this report shall not be deemed an admission that such reporting person is the beneficial owner of such securities for purposes of Section 16 or otherwise.
- [F2]These shares of the issuer's Common Stock are held of record by Wallstreet Venture Partners. Zhen Qin has sole voting power with respect to the Common Stock held by Wallstreet Venture Partners. Mr. Qin disclaims any beneficial ownership of any Common Stock held by Wallstreet Venture Partners except to the extent of his respective pecuniary interests therein.
- [F3]Reflects 50,000 shares of the issuer's Common Stock that were privately transferred by Wallstreet Venture Partners to Chunmei Qiao. This transaction was a private transfer and was not effected through any open market sale or trading transaction. This late filing relates to historical private transfers of restricted securities and is due to an inadvertent administrative error and not any error of the reporting person.
- [F4]Reflects 37,500 shares of the issuer's Common Stock that were privately transferred by Wallstreet Venture Partners to Jia Zhou. This transaction was a private transfer and was not effected through any open market sale or trading transaction. This late filing relates to historical private transfers of restricted securities and is due to an inadvertent administrative error and not any error of the reporting person.
- [F5]Reflects 633,333 shares of the issuer's Common Stock that were privately transferred by Wallstreet Venture Partners to Shaoxia Bi. This transaction was a private transfer and was not effected through any open market sale or trading transaction. This late filing relates to historical private transfers of restricted securities and is due to an inadvertent administrative error and not any error of the reporting person.
- [F6]Reflects 350,000 shares of the issuer's Common Stock that were privately transferred by Hongshan Capital LLC ("Hongshan Capital") to Zhicui Shan. This transaction was a private transfer and was not effected through any open market sale or trading transaction. This late filing relates to historical private transfers of restricted securities and is due to an inadvertent administrative error and not any error of the reporting person.
- [F7]These shares of the issuer's Common Stock are held of record by Hongshan Capital. Zhen Qin has sole voting power with respect to the Common Stock held by Hongshan Capital. Mr. Qin disclaims any beneficial ownership of any Common Stock held by Hongshan Capital except to the extent of his respective pecuniary interests therein.
- [F8]Reflects 282,000 shares of the issuer's Common Stock that were privately transferred by Hongshan Capital to Sau Hing Pat. This transaction was a private transfer and was not effected through any open market sale or trading transaction. This late filing relates to historical private transfers of restricted securities and is due to an inadvertent administrative error and not any error of the reporting person.
- [F9]Reflects 148,000 shares of the issuer's Common Stock that were privately transferred by Hongshan Capital to Xueping Shen. This transaction was a private transfer and was not effected through any open market sale or trading transaction. This late filing relates to historical private transfers of restricted securities and is due to an inadvertent administrative error and not any error of the reporting person.
Signature
/s/ Zhen Qin|2026-05-14