LEE CHONG KUANG 4
Research Summary
AI-generated summary
Greenpro (GRNQ) CEO Lee Chong Kuang Buys 28,949 Shares
What Happened
Lee Chong Kuang, CEO of Greenpro Capital Corp. (GRNQ), acquired 28,949 shares on May 29, 2026 in a P‑coded open market or private purchase at $1.73 per share, for a total of $50,001. This was a direct purchase (not an option exercise or award).
Key Details
- Transaction date and price: 2026-05-29 — 28,949 shares at $1.73 each; total consideration $50,001.
- Transaction code: P = Purchase (open market or private purchase).
- Reported beneficial ownership (per filing footnote): 2,041,208 shares in aggregate — 1,875,293 held directly by Mr. Lee and 165,915 held by his spouse; Mr. Lee may be deemed to beneficially own his spouse’s shares (Footnote F1).
- Filing date/timeliness: Form 4 filed 2026-06-02. This falls within the SEC’s two-business-day window for reporting Form 4s for a May 29 transaction.
- No 10b5-1 plan, tax withholding, or exercise/gift code was disclosed in the filing.
Context
Insider purchases are generally watched by retail investors as a stronger signal than sales, but they do not prove intent. This purchase is modest in dollar size (~$50k) relative to the CEO’s reported aggregate holdings (~2.04M shares) but is a straightforward direct buy reported on Form 4.