Linkhome (LHAI) 10% Owner Qin Zhen Sells 1,250,000 Shares

What Happened
Qin Zhen, a reported 10% owner of Linkhome Holdings Inc. (LHAI), sold a total of 1,250,000 shares via two private transfers (transaction code S) — 625,000 shares on 2026-07-31 and 625,000 shares on 2026-08-05 — at $0.80 per share, for aggregate proceeds of $1,000,000. These were disposals (sales), not purchases.

Key Details

• Transaction dates and prices:
  • 2026-07-31: 625,000 shares sold @ $0.80/share (proceeds $500,000). Footnote F1: private transfer; filing was late due to an inadvertent administrative error.
  • 2026-08-05: 625,000 shares sold @ $0.80/share (proceeds $500,000). Footnote F2: private transfer.
• Total shares sold: 1,250,000; total proceeds: $1,000,000.
• These were private transfers and were not effected through open-market trades.
• Filing timeliness: the Form 4 indicates at least one late filing (administrative error noted for the 7/31 transfer). (transactionTimeliness = 'L')
• Shares owned after the transactions: not specified in the provided filing excerpt.

Context
As a 10% owner, Qin is a significant shareholder but not necessarily an executive; private transfers by large holders can reflect portfolio rebalancing, private sales, or transfers to affiliates and are not the same as open-market insider sales. The filing is factual and does not state motive.