4Filed Sep 2, 8:00 PM ET
Nano Nuclear (NNE) 10% Owner Yu Jiang Sells 474,500 Shares
$NNE · Nano Nuclear Energy Inc.Research Summary
AI-generated summary of this SEC filing
Nano Nuclear (NNE) 10% Owner Yu Jiang Sells 474,500 Shares
What Happened
- Yu Jiang, a reported 10% owner (via I Financial Ventures Group LLC), sold a total of 474,500 Nano Nuclear Energy Inc. (NNE) shares in two dispositions: 332,569 shares on 2026-09-01 at a weighted-average price of $17.45 ($5,801,799) and 141,931 shares on 2026-09-02 at a weighted-average price of $17.48 ($2,481,649). Total proceeds ≈ $8.28 million. These were sales (dispositions), not purchases.
Key Details
- Transaction dates and prices:
- 2026-09-01: 332,569 shares @ $17.45 (weighted avg); intraday prices ranged $17.05–$17.61 (footnote F2).
- 2026-09-02: 141,931 shares @ $17.48 (weighted avg); intraday prices ranged $17.17–$17.76 (footnote F3).
- Total shares sold: 474,500; total proceeds ≈ $8,283,448.
- Shares owned after transaction: not specified in the provided Form 4 excerpt.
- Filing: Form 4 filed 2026-09-03 (appears timely under standard two-business-day reporting rules).
- Notable footnotes:
- F1: Sales were effected under a Rule 10b5-1 trading plan adopted Sept 2025. Yu Jiang is the sole shareholder/director of I Financial, the record holder; he may be deemed the beneficial owner.
- F2/F3: Transactions executed in multiple trades during each day; reported prices are weighted averages and full trade-level detail is available on request.
Context
- These were sales under a pre-established 10b5-1 plan, which typically means the trades were pre-scheduled and not necessarily a contemporaneous signal of intent. As a reported 10% owner (via an LLC), this represents institutional/large-holder selling rather than executive compensation activity.