Aikawa Yoshiyuki 4
4 · SBC Medical Group Holdings Inc · Filed Apr 23, 2026
Research Summary
AI-generated summary of this filing
SBC Medical Group 10% Owner Aikawa Sells 3.1M Shares
What Happened
- Aikawa Yoshiyuki, reported as a 10% owner of SBC Medical Group Holdings Inc (SBC), sold 3,100,000 SBC shares on April 21, 2026. The reported transaction price was $3.02 per share (net price received noted as $3.0225 per share), for total proceeds of approximately $9,369,750. The sale was effected pursuant to an underwritten public offering that closed on April 21, 2026.
Key Details
- Transaction date: 2026-04-21 (Sale)
- Reported price: $3.02 per share; footnote reports net price received $3.0225 per share
- Shares sold: 3,100,000; Approx. proceeds: $9,369,750
- Shares owned after transaction: not specified in the provided excerpt; filing notes indirect beneficial ownership of 861,600 SBC shares through Aikawa Equity Management Co., Ltd. (AEM) and additional holdings held by Aikawa Investment Co., Ltd.
- Notable footnotes:
- F1: Sale proceeds reflect an underwritten public offering that closed Apr 21, 2026.
- F2: 861,600 shares reported as indirectly owned via AEM (Aikawa owns 8,616 AEM shares; each AEM share = 100 SBC shares); he disclaims control of AEM.
- F3: References shares held by Aikawa Investment Co., Ltd. after a corporate name/form change.
- Filing date: 2026-04-23 — filed two days after the transaction, which appears timely under Section 16 reporting rules.
Context
- This was a sale by a 10% owner in connection with an underwritten offering, not an open-market purchase or option exercise. Sales by large holders can be for many reasons (liquidity, offering mechanics, diversification); the filing itself does not state motivation. For retail investors, purchases tend to be more informative about insider conviction; this filing documents a material disposal tied to an offering.
Insider Transaction Report
Form 4
Aikawa Yoshiyuki
DirectorChairman and CEO10% Owner
Transactions
- Sale
Common Stock
[F1]2026-04-21$3.02/sh−3,100,000$9,369,750→ 79,304,460 total
Holdings
- 861,600(indirect: See Footnote)
Common Stock
[F2] - 5,000,000(indirect: See Footnote)
Common Stock
[F3]
Footnotes (3)
- [F1]The price of $3.0225 represents the net price received per share of common stock of SBC Medical Group Holdings Incorporated ("SBC shares"), which were sold by the Reporting Person pursuant to an underwritten public offering that closed on April 21, 2026.
- [F2]The 861,600 SBC shares reported as indirectly beneficially owned by the Reporting Person through Aikawa Equity Management Co., Ltd. ("AEM") reflects the Reporting Person's indirect interest that he may be deemed to have shared beneficial ownership over for purposes of Section 16 of the Securities Exchange Act of 1934, as amended. The Reporting Person owns 8,616 shares of AEM, which directly holds 5,284,500 SBC shares, and each share of AEM corresponds to one hundred SBC shares. The Reporting Person does not control AEM, and therefore, disclaims beneficial ownership over the SBC shares held by AEM, except to the extent of his pecuniary interest therein.
- [F3]Represents SBC shares held by Aikawa Investment Co., Ltd., a company wholly owned by the Reporting Person, which were previously reported as held by GODO Kaisha Aikawa Investment prior to a change in company form and name change.
Signature
/s/ Yuya Yoshida, Attorney-in-Fact|2026-04-23