Form 4: Cheetah Net Supply Chain Service Inc.: Xiao Yan Sells 1,500,000 Shares of Class A Common Stock
SEC Form 4 Filing
Xiao Yan, a director and 10% owner of Cheetah Net Supply Chain Service Inc., sold 1,500,000 shares of Class A Common Stock on May 21, 2024.
Summary
- On May 21, 2024, Xiao Yan, a director and 10% owner of Cheetah Net Supply Chain Service Inc. (CTNT), sold 1,500,000 shares of Class A Common Stock.
- The shares were sold at a weighted average price of $2.91.
- The prices ranged from $2.10 to $3.85.
- Following the transaction, Xiao Yan directly owns 0 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. The sale itself doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This filing indicates a change in ownership by a key insider, which is a common occurrence in publicly traded companies. The market may interpret this sale based on the size of the transaction and the insider's position within the company.
Key Dates
| Date | Description |
|---|---|
| 05/21/2024 | Date of transaction: Sale of 1,500,000 shares of Class A Common Stock. |
| 05/23/2024 | Date of signature on the Form 4 filing. |
Keywords
Form 4, SEC Filing, Cheetah Net Supply Chain Service Inc., CTNT, Xiao Yan, Stock Sale, Class A Common Stock, Beneficial Ownership, Director, 10% Owner
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