PMA Graphene Director Lam Chi Ming Sells 270,000 Shares
$PMA · PMA Graphene Technology Group Inc.Research Summary
AI-generated summary of this SEC filing
PMA Graphene Director Lam Chi Ming Sells 270,000 Shares
What Happened
Lam Chi Ming, a director of PMA Graphene Technology Group Inc. (PMA), sold a total of 270,000 shares in two open-market transactions. On 2026-09-09 he sold 150,000 shares at $1.25 (reported proceeds $187,845) and on 2026-09-11 he sold 120,000 shares at $1.30 (reported proceeds $156,036), for combined reported proceeds of $343,881. These were sales (S) reported on Form 4.
Key Details
- Transaction dates and prices:
- 2026-09-09: 150,000 shares at $1.25 (proceeds reported $187,845)
- 2026-09-11: 120,000 shares at $1.30 (proceeds reported $156,036)
- Total shares sold: 270,000; total reported proceeds: $343,881.
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Footnotes/plan indicators: no 10b5-1 plan, tax-withholding, or other special footnotes shown in the provided transaction lines.
- Filing timeliness: Form 4 was filed 2026-09-11 (same day as the second sale and two days after the first); no late filing flag indicated.
Context
These were open-market sales by a company director. Sales can be routine (liquidity or personal needs) and do not by themselves indicate the director’s view of company prospects—purchases tend to be a stronger signal of insider bullishness. No derivatives, option exercises, or gifts are reported in the provided transactions.