Jinxin Technology Holding Co·4

Jul 1, 6:11 AM ET

Jiang Jun Jason 4

Research Summary

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Updated

Jinxin (NAMI) CFO/COO Jiang Jun Sells 12 ADS

What Happened
Jiang Jun (Jason), CFO and COO and a director of Jinxin Technology Holding Co. (NAMI), reported six sales on 2026-06-29 disposing of a total of 12 American Depositary Shares (ADS). The six trades were 2 ADS each at prices of $3.66 (three separate transactions), $3.69, $3.68 and $3.62. Aggregate proceeds were approximately $43.94. These were sales (S) reported as open-market or private sales — routine disposals rather than purchases.

Key Details

  • Transaction date: 2026-06-29; Form 4 filed 2026-07-01 (timely filing).
  • Individual trades:
    • 2 ADS @ $3.66 (three transactions)
    • 2 ADS @ $3.69
    • 2 ADS @ $3.68
    • 2 ADS @ $3.62
  • Total: 12 ADS sold for roughly $43.94 in aggregate.
  • ADS conversion: 1 ADS = 18 ordinary shares (footnote F1) → 12 ADS = 216 ordinary shares.
  • Reporting details: Footnote F2 notes Light Stream Holdings Ltd. (a BVI company wholly owned by Jun Jiang) is referenced in the filing.
  • Shares owned after the transaction: not specified in the provided filing details.
  • Filing timeliness: Filed within the standard Form 4 window (reported two days after the transactions).

Context
Sales by executives are common and can be for many non-investment reasons (taxes, diversification, personal needs); this filing documents the transaction but does not indicate the insider’s view of the company. For retail investors, purchases are often more informative than small, routine sales.