Linkhome (LHAI) CFO Li Na Sells 30,000 Shares, Receives 3.82M-Share Gift

What Happened

• Li Na, Chief Financial Officer and director of Linkhome Holdings (LHAI), reported two transactions: a private sale of 30,000 shares on 2026-04-28 for $1.50 each (proceeds $45,000), and a gift-related acquisition recorded 2026-09-24 whereby US Innovation Foundation received 3,820,000 shares by gift (no cash). The filing notes the 3.82M shares are held by US Innovation Foundation, which is jointly controlled by Qin Zhen and Li Na, making them jointly deemed beneficial owners of those shares.
• The sale was a private transfer of restricted securities (not an open-market trade). The gift has $0 consideration.

Key Details

• Transaction dates and prices:
  • 2026-04-28: Sale of 30,000 shares at $1.50 each (S) — $45,000 total. Footnote: private transfer of restricted securities.
  • 2026-09-24: Gift (G) resulting in joint beneficial ownership of 3,820,000 shares held by US Innovation Foundation — $0 consideration.
• Shares owned after transaction: Not specified in the filing; filing shows joint beneficial ownership of the 3,820,000 shares held by US Innovation Foundation.
• Footnotes: F1/F2 state these were private transfers of restricted securities and the Form 4 is a late filing due to an inadvertent administrative error (historical transactions). The gift was from Qin Zhen to US Innovation Foundation; Li Na and Qin Zhen jointly control that foundation.
• Timeliness: This is a late filing (reported on Form 4 filed 2026-09-30 covering the April 28 transaction and the September 24 transfer).

Context

• Gifts do not necessarily signal a trading view of the stock — they are transfers for estate, tax, or charitable/organizational purposes and carry $0 consideration here. Private transfers of restricted shares can be routine for insiders but may be subject to transfer restrictions and lockups. The late filing reflects an administrative oversight per the footnotes, not an expressed change in market sentiment.