Jiang Jun Jason 4/A
Research Summary
AI-generated summary
Jinxin Technology (NAMI) CFO/COO Jiang Jun Sells ADS Shares
What Happened
Jiang Jun (CFO and COO, also a director) sold a total of 4,075 American Depositary Shares (ADS) of Jinxin Technology on June 29, 2026 in a series of open-market dispositions. The sales were executed at prices between $3.62 and $3.69 per ADS, generating aggregate proceeds of $14,918. Individual trades: 1,000 @ $3.66 (twice), 250 @ $3.66, 250 @ $3.69, 1,000 @ $3.68, and 575 @ $3.62. These were outright sales (transaction code S) rather than purchases or option exercises.
Key Details
- Transaction date: June 29, 2026. Prices: $3.62–$3.69 per ADS. Total ADS sold: 4,075. Total proceeds: $14,918 (sum of reported amounts).
- Each ADS represents 18 ordinary shares — the 4,075 ADS sold correspond to 73,350 underlying ordinary shares (footnote).
- Footnote: Light Stream Holdings Ltd. (BVI) is wholly owned by Jun Jiang (footnote).
- Filing: This is an amended Form 4 (the filing was amended on 2026-07-06). The filing does not state post-transaction beneficial ownership in the provided summary; check the full Form 4 for shares owned after the trades.
- Transaction type: S = Sale (routine disposition). No indication in this entry of a 10b5-1 plan, tax withholding, exercise, or gift.
Context
These entries are sales by an executive — sales are common and may be for many personal reasons; they do not by themselves indicate company performance. Because these are ADS trades, note the conversion factor (1 ADS = 18 ordinary shares) when comparing to ordinary-share volumes. For a complete picture, investors should review the amended Form 4 for any updated ownership figures and check prior filings for whether this corrects or supplements an earlier report.