Aikawa Yoshiyuki 4
4 · SBC Medical Group Holdings Inc · Filed Apr 29, 2026
Research Summary
AI-generated summary of this filing
SBC Medical Group (SBC) 10% Owner Aikawa Yoshiyuki Sells Shares
What Happened
Aikawa Yoshiyuki, reported as a 10% owner of SBC Medical Group Holdings, sold 465,000 shares of SBC on April 28, 2026. The Form 4 lists the transaction price as $3.02 per share (total reported proceeds $1,405,463); a footnote clarifies the net price received was $3.0225 per share. This was a sale (not a purchase) and was executed pursuant to the underwriters' option related to an underwritten public offering that initially closed April 21, 2026.
Key Details
- Transaction date: April 28, 2026. Report filed April 29, 2026 (filed within the usual Form 4 window).
- Reported sale: 465,000 shares at $3.02/share (net price $3.0225/share per footnote); proceeds ≈ $1,405,463.
- Shares owned after transaction: not explicitly stated in the filing.
- Footnote highlights:
- F1: Sale executed under the underwriters' option; $3.0225 is net price received.
- F2: The filing reports 861,600 SBC shares indirectly beneficially owned via Aikawa Equity Management Co., Ltd. (AEM) based on the Reporting Person’s 8,616 AEM shares × 100 SBC shares each; the Reporting Person disclaims control of AEM.
- F3: Indicates additional SBC shares are held by Aikawa Investment Co., Ltd., a company wholly owned by the Reporting Person (quantity not specified).
- No late filing flag was indicated.
Context
This sale was part of an offering-related transaction (underwriters' option), which is common when insiders or selling stockholders participate in underwriting arrangements. As a 10% owner, Aikawa is a significant holder but the filing notes he does not control AEM and disclaims beneficial ownership of AEM-held shares except for his pecuniary interest. The filing is factual — it shows a disposal of shares but does not state any motive or trading strategy.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-04-28$3.02/sh−465,000$1,405,463→ 78,839,460 total
- 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, on the closing date of April 28, 2026, pursuant to the underwriters' option to purchase additional shares in connection with an underwritten public offering that initially 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.