PMA Graphene Director Lam Chi Ming Sells 167,865 Shares

What Happened
Lam Chi Ming, a director of PMA Graphene Technology Group Inc. (PMA), sold a total of 167,865 shares in two transactions recorded on Sept. 24–25, 2026. The filing shows dispositions of 120,000 shares on 2026-09-24 at $1.30 per share (proceeds $156,060) and 47,865 shares on 2026-09-25 at $1.30 per share (proceeds $62,335), for combined proceeds of about $218,395. These were sales (code S), which are often routine dispositions and generally carry less informational weight than purchases.

Key Details

• Transaction dates and prices: 2026-09-24 — 120,000 sh @ $1.30; 2026-09-25 — 47,865 sh @ $1.30.
• Total shares sold: 167,865; total proceeds ≈ $218,395.
• Transaction type as reported: "Open market or private sale" (sale, code S).
• Filing date: 2026-09-25; Period of report: 2026-09-24. Filing marked as late (timeliness flag = L).
• Shares owned after transaction: Not specified in the provided filing excerpt — check the full Form 4 for post-transaction holdings.
• No footnotes, 10b5-1 plan, tax‑withholding, or other special conditions noted in the data provided.

Context
Sales by directors can reflect routine liquidity needs, portfolio rebalancing, or other personal reasons; they do not necessarily indicate a change in view about the company. The filing here reports simple share dispositions (no option exercises, grants, or gifts). Note the filing was flagged late, which reduces the timeliness of disclosure for investors — consult the full SEC filing to confirm holdings and any company or filer commentary.