NIP Group Inc.·4

Jul 2, 6:14 AM ET

Sun Liwei 4

Research Summary

AI-generated summary

Updated

NIP Group (NIPG) President Sun Liwei Sells 353,624 Shares

What Happened

Sun Liwei, President and Director of NIP Group Inc. (NIPG), reported a sale of 353,624 shares on 2026-06-30 at $1.25 per share, for a total transaction value of $442,030. The Form 4 lists the disposition as an open-market or private sale (transaction code S). This was a sell transaction (not a purchase).

Key Details

  • Transaction date: 2026-06-30; Filing date: 2026-07-02 (filed within the typical two-business-day window).
  • Price and quantity: 353,624 shares sold at $1.25 each; total proceeds $442,030.
  • Shares owned after transaction: Not specified in the information provided in this summary (not included in the supplied filing details).
  • Footnote F1: NIP Group has Class A, Class B1 and Class B2 ordinary shares with differing voting rights and conversion features.
  • Footnote F2: xiaOt Sun Holdings Limited is a BVI company wholly owned by Liwei Sun (indicates related ownership structure referenced in the filing).
  • Transaction code: S = Sale.

Context

Sales by insiders can be routine (liquidity, diversification, or other personal reasons) and do not by themselves indicate a company outlook. This report documents the disposal; no option exercise, award, or gift was indicated.