Yu Jiang 4
4 · Nano Nuclear Energy Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Nano Nuclear Energy (NNE) 10% Owner Yu Jiang Sells Shares & Exercises Options
What Happened
Yu Jiang (reported as a 10% owner via I Financial) sold a large block of Nano Nuclear Energy (NNE) stock on June 3, 2026 and also exercised equity awards that same day. In multiple open‑market transactions he sold 745,900 shares for aggregate proceeds of approximately $19.9 million (sales executed at prices roughly between $25.70 and $29.91). He also exercised 200,000 options at $3.00 per share (cost $600,000) and had 45,900 vested RSUs settle (reported as acquired at $0 on the form). Several of the acquired shares were part of same‑day transactions.
Key Details
- Transaction date: June 3, 2026 (Form 4 filed June 5, 2026 — filed within the SEC two‑business‑day window).
- Sales: 745,900 shares sold in multiple blocks for total proceeds ≈ $19,896,985; execution prices reported in ranges ($25.70–$29.91) with some weighted‑average/priced trades.
- Acquisitions: 200,000 shares acquired by exercising options at $3.00/share (paid $600,000) and 45,900 shares from RSU settlement (per footnote).
- Ownership reporting: Yu Jiang is the sole shareholder/director of I Financial Ventures Group LLC, the record holder, and thus is reported as beneficial owner (see footnote F2).
- 10b5‑1 / trade execution notes: Some transactions were effected pursuant to a Rule 10b5‑1 plan (footnote F1). Multiple trades were executed across the day with price ranges documented in several footnotes (F10–F18).
- Shares owned after transaction: not specified on the provided summary of the Form 4.
- Transaction codes: S = sale; M = exercise/conversion of derivative; A = award/settlement (RSU).
Context
- The filing shows option exercise and RSU settlement on June 3, 2026 followed by substantial open‑market sales the same day. When options/RSUs are exercised/settled and immediately sold, the economic effect can be neutral for the insider (realizing cash), but the Form 4 alone does not explain motivations.
- As a 10% owner (not necessarily an executive title), these trades are reported under beneficial‑owner rules; trades under a 10b5‑1 plan indicate pre‑planned sales rather than ad‑hoc decisions.
- The filing is factual and timely; retail investors can view this as a large insider monetization event accompanied by option/RSU exercises, but should not infer company outlook from this single disclosure.
If you want, I can pull the exact per‑trade price ranges tied to each block (footnotes F10–F18) or calculate net share change after accounting for all exercises/conversions.
Insider Transaction Report
Form 4
Yu Jiang
DirectorPresident and Chairman10% Owner
Transactions
- Sale
Common Stock
[F1][F4][F2]2026-06-03$26.30/sh−312,553$8,219,738→ 8,411,447 total(indirect: By LLC) - Sale
Common Stock
[F1][F5][F2]2026-06-03$27.16/sh−168,626$4,580,169→ 8,242,821 total(indirect: By LLC) - Sale
Common Stock
[F1][F6][F2]2026-06-03$27.83/sh−10,035$279,301→ 8,232,786 total(indirect: By LLC) - Sale
Common Stock
[F1][F7][F2]2026-06-03$28.98/sh−3,571$103,478→ 8,229,215 total(indirect: By LLC) - Sale
Common Stock
[F1][F8][F2]2026-06-03$29.91/sh−5,215$155,981→ 8,224,000 total(indirect: By LLC) - Exercise/Conversion
Common Stock
[F2]2026-06-03$3.00/sh+200,000$600,000→ 8,424,000 total(indirect: By LLC) - Sale
Common Stock
[F1][F9][F2]2026-06-03$26.30/sh−125,021$3,287,890→ 8,298,979 total(indirect: By LLC) - Sale
Common Stock
[F1][F10][F2]2026-06-03$27.16/sh−67,451$1,832,084→ 8,231,528 total(indirect: By LLC) - Sale
Common Stock
[F1][F11][F2]2026-06-03$27.83/sh−4,014$111,720→ 8,227,514 total(indirect: By LLC) - Sale
Common Stock
[F1][F12][F2]2026-06-03$28.98/sh−1,429$41,408→ 8,226,085 total(indirect: By LLC) - Sale
Common Stock
[F1][F13][F2]2026-06-03$29.91/sh−2,085$62,362→ 8,224,000 total(indirect: By LLC) - Exercise/Conversion
Common Stock
[F3]2026-06-03+45,900→ 8,269,900 total - Sale
Common Stock
[F1][F14]2026-06-03$26.29/sh−30,250$795,273→ 8,239,650 total - Sale
Common Stock
[F1][F15]2026-06-03$27.07/sh−13,050$353,237→ 8,226,600 total - Sale
Common Stock
[F1][F16]2026-06-03$27.83/sh−1,400$38,962→ 8,225,200 total - Sale
Common Stock
[F1][F17]2026-06-03$28.89/sh−500$14,445→ 8,224,700 total - Sale
Common Stock
[F1][F18]2026-06-03$29.91/sh−700$20,937→ 8,224,000 total - Exercise/Conversion
Stock Options
[F2]2026-06-03−200,000→ 300,000 total(indirect: By LLC)Exercise: $3.00→ Common Stock (20,000 underlying) - Exercise/Conversion
Restricted Stock Units
[F3]2026-06-03−45,900→ 275,778 totalExercise: $0.00→ Common Stock (45,900 underlying)
Footnotes (18)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in September 2025.
- [F10]This transaction was executed in multiple trades during the day at prices ranging from $26.7000 to $27.6900. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F11]This transaction was executed in multiple trades during the day at prices ranging from $27.7200 to $28.3500. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F12]This transaction was executed in multiple trades during the day at prices ranging from $28.7700 to $29.0500. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F13]This transaction was executed at a price of $29.9100. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F14]This transaction was executed in multiple trades during the day at prices ranging from $25.7000 to $26.6900. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F15]This transaction was executed in multiple trades during the day at prices ranging from $26.7000 to $27.6400. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F16]This transaction was executed in multiple trades during the day at prices ranging from $27.7000 to $28.5000. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F17]This transaction was executed in multiple trades during the day at prices ranging from $28.7700 to $28.9200. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F18]This transaction was executed at a price of $29.9100. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F2]Represents shares of common stock issued upon exercise of certain options originally granted to the reporting person through I Financial (as defined below) at the exercise price of $3 per share, which were fully vested and exercisable on June 7, 2023, with expiry on June 7, 2026. On June 3, 2026, such options were exercised. The reporting person is the sole shareholder and director of I Financial Ventures Group LLC ("I Financial"), a limited liability company incorporated under the laws of Delaware, which is the record holder of the securities reported herein. The reporting person, as such, has investment control over the securities of the issuer held by I Financial and may be deemed the beneficial owner of such securities.
- [F3]Represents shares of common stock issued upon the settlement of Restricted Stock Units ("RSUs") granted on June 3, 2025 under the Issuer's 2025 Equity Incentive Plan based on a value per share of $29.18, the closing price of the Issuer's common stock as reported on The Nasdaq Capital Market on June 3, 2025. On June 3, 2026, one third (1/3) of such RSUs were vested and settled.
- [F4]This transaction was executed in multiple trades during the day at prices ranging from $25.7000 to $26.6900. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F5]This transaction was executed in multiple trades during the day at prices ranging from $26.7000 to $27.6900. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F6]This transaction was executed in multiple trades during the day at prices ranging from $27.7200 to $28.3500. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F7]This transaction was executed in multiple trades during the day at prices ranging from $28.7700 to $29.0500. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F8]This transaction was executed at a price of $29.9100. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F9]This transaction was executed in multiple trades during the day at prices ranging from $25.7000 to $26.6900. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
Signature
/s/ Jiang Yu|2026-06-05