4Filed Aug 24, 8:00 PM ET
Ming Shing (PMA) 10% Owner Lam Chi Ming Sells and Buys Shares
$PMA · Ming Shing Group Holdings LtdResearch Summary
AI-generated summary of this SEC filing
Ming Shing (PMA) 10% Owner Lam Chi Ming Sells and Buys Shares
What Happened
Lam Chi Ming, identified as a 10% beneficial owner of Ming Shing Group Holdings Ltd (PMA), executed a series of open-market transactions in mid‑August 2026, selling first and then buying back shares. He sold 100,000 shares on 2026-08-13 at $1.10 (≈ $110,030) and 100,000 shares on 2026-08-14 at $1.37 (≈ $136,970), totaling ~200,000 shares sold for about $247,000. He later acquired 15,000 shares on 2026-08-17 at $1.75 (≈ $26,175), 5,000 shares on 2026-08-18 at $1.62 (≈ $8,116), and 100,000 shares on 2026-08-21 at $1.32 (≈ $131,950) — totaling 120,000 shares bought for about $166,241. Net over the reported activity: a disposition of 80,000 shares.
Key Details
- Transaction dates and prices:
- 2026-08-13: Sold 100,000 sh @ $1.10 = $110,030
- 2026-08-14: Sold 100,000 sh @ $1.37 = $136,970
- 2026-08-17: Bought 15,000 sh @ $1.75 = $26,175
- 2026-08-18: Bought 5,000 sh @ $1.62 = $8,116
- 2026-08-21: Bought 100,000 sh @ $1.32 = $131,950
- Aggregate: ~200,000 sold for ~$247,000; ~120,000 bought for ~$166,241; net sold ≈ 80,000 shares.
- Shares owned after the transactions: not specified in the data provided; check the full Form 4 for post-transaction holdings.
- Insider status: Lam Chi Ming is a 10% owner (not necessarily an executive).
- No 10b5-1 plan, tax withholding, or other footnotes were provided in the summary data shown.
- Filing timeliness: Form filed 2026-08-25 for trades beginning 2026-08-13 — this appears late relative to the usual 2-business-day Form 4 reporting requirement.
Context
- Purchases after sales can reflect portfolio rebalancing or opportunistic buys; factual takeaway is that Lam both sold and subsequently repurchased shares, ending with a net disposition of ~80,000 shares.
- For retail investors, purchases by insiders can be more informative than routine sales, but as a 10% owner this is insider-level trading distinct from executive compensation-related trades.
- Review the full Form 4 (Accession: 0002028403-26-000013) on EDGAR for complete holdings, footnotes, and any late-filing explanations.