4/AFiled Sep 10, 8:00 PM ET
PMA Graphene 10% Owner Lam Chi Ming Sells 320,000 Shares
$PMA · PMA Graphene Technology Group Inc.Research Summary
AI-generated summary of this SEC filing
PMA Graphene 10% Owner Lam Chi Ming Sells 320,000 Shares
What Happened
- Lam Chi Ming, a reported 10% owner of PMA Graphene Technology Group Inc. (PMA), disposed of a total of 320,000 Class A ordinary shares in multiple open-market sales between Aug 13 and Aug 21, 2026. The trades and proceeds were:
- Aug 13, 2026: 100,000 shares @ $1.10 — $110,030
- Aug 14, 2026: 100,000 shares @ $1.37 — $136,970
- Aug 17, 2026: 15,000 shares @ $1.75 — $26,175
- Aug 18, 2026: 5,000 shares @ $1.62 — $8,116
- Aug 21, 2026: 100,000 shares @ $1.32 — $131,950
- Total proceeds across these sales: approximately $413,241.
- These were sales (S), not purchases—sales are often routine liquidity transactions and do not necessarily indicate a change in company outlook.
Key Details
- Transaction dates/prices: see list above (Aug 13–21, 2026; $1.10–$1.75 per share).
- Shares owned after transaction: not stated in this amendment (filing did not disclose updated post-transaction holdings).
- Filing status: This is an amended Form 4 filed Sep 11, 2026. An original Form 4 was filed Aug 25, 2026; that original filing contained clerical errors reporting three of the above sales as acquisitions rather than dispositions. This amendment corrects Table I, Column 4 only.
- No 10b5-1 plan, tax-withholding, or other special sale conditions are indicated in the amendment.
Context
- Lam Chi Ming is a 10% owner (a significant shareholder but not necessarily an executive); such holders may sell for portfolio or liquidity reasons. The amendment corrects reporting errors and should not be read as new trading beyond the listed Aug transactions.