Dreamland (TDIC) CEO Seto Wai Yue Buys Shares

What Happened
Seto Wai Yue, CEO of Dreamland Ltd (TDIC), acquired a total of 972,000 shares across transactions in July and August 2026, paying $3.75 per share for a total of $3,645,000. On July 7, 2026 he participated in a private placement that closed that day buying 580,000 Class A shares ($2,175,000) and 72,000 Class B shares ($270,000). On August 13, 2026 he acquired 320,000 Class A shares ($1,200,000) pursuant to a Sale and Purchase Agreement dated August 6, 2026. These were purchases (insider buys), which investors often view as a positive signal.

Key Details

• Transaction dates and prices:
  • July 7, 2026: 580,000 Class A shares @ $3.75 = $2,175,000 (private placement)
  • July 7, 2026: 72,000 Class B shares @ $3.75 = $270,000 (private placement)
  • August 13, 2026: 320,000 Class A shares @ $3.75 = $1,200,000 (Sale & Purchase Agreement dated Aug 6, 2026)
• Total acquired: 972,000 shares for $3,645,000.
• Shares owned after transaction: not specified in the provided amended filing.
• Footnotes:
  • F1: The July 7 private placement included 580,000 Class A and 72,000 Class B shares; each Class B is convertible into one Class A at the holder’s option.
  • F2: The August 13 shares were acquired under a Sale and Purchase Agreement dated August 6, 2026.
• Filing status: This is an amended Form 4 filed August 17, 2026. The amendment is noted on the filing; original filing/timeliness details are not provided here.

Context
These were direct share purchases (Transaction code P), not option exercises or awards. The 72,000 Class B shares carry a conversion feature into Class A at the holder’s option, so they can become Class A shares if and when converted. As always, purchases are factual data points; they do not prove future company performance but are often watched by retail investors as a possible sign of insider confidence.