Zhang Quan (Joe) 4
4 · Polestar Automotive Holding UK PLC · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Polestar (PSNY) Director Zhang Quan (Joe) Buys 1,700 Shares
What Happened
Zhang Quan (Joe), a director of Polestar Automotive Holding UK PLC (PSNY), made an open-market purchase of 1,700 shares on 2026-06-30 at $17.70 per share, for a total transaction value of $30,090. This was a purchase (transaction code P), which is generally considered a direct acquisition rather than a sale or option exercise.
Key Details
- Transaction date: 2026-06-30
- Price per share: $17.70; Shares acquired: 1,700; Total value: $30,090
- Transaction type: P — Purchase (open-market/private purchase)
- Filing date: Form 4 filed 2026-07-02 (appears timely for Form 4 reporting)
- Shares owned after the transaction: not specified in the provided filing details
- Footnotes/plan disclosure: filing does not indicate a 10b5-1 plan or other special arrangement
Context
Insider purchases are often watched by retail investors as a potentially positive signal because directors are buying company stock with personal funds; however, a single modest purchase (~$30k) is only one data point and does not prove future company performance. No options exercise, gift, or tax-withholding event was reported in this transaction.
Insider Transaction Report
- Purchase
Class A American Depositary Shares
2026-06-30$17.70/sh+1,700$30,090→ 3,300 total