Form 4: Chaince Digital CSO Sells Shares in Open Market

Chaince Digital Holdings Inc. CSO Wilfred ZhongKei Daye reported the sale of 4,470 common shares for approximately $61,600.

Summary

• Wilfred ZhongKei Daye, a Director, 10% Owner, and Chief Strategy Officer (CSO) of Chaince Digital Holdings Inc. (CD), reported a transaction.
• On November 24, 2025, Daye disposed of 4,470 shares of Common Stock.
• The shares were sold at a weighted-average price of $13.7827 per share, with prices ranging from $11 to $14.
• Following this transaction, Daye beneficially owns 65,732 shares of Common Stock directly.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.
• Full transaction details will be provided upon request by the SEC staff, the issuer, or any security holder.

Sentiment

Score: 4

Explanation: The sale of shares by a key insider, even if pre-planned, can sometimes be interpreted with slight negative sentiment, though the amount is not exceptionally large relative to total holdings.

Negatives

• An insider, who is a Director, 10% Owner, and CSO, sold a portion of their holdings, which can sometimes be perceived negatively by investors.

Future Outlook

No specific future outlook or guidance was provided in this insider transaction report.

Industry Context

This filing is a routine disclosure of an insider transaction and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders may view the sale by a Director, 10% Owner, and CSO as a signal, though the transaction was executed under a Rule 10b5-1 plan, indicating it was pre-scheduled.

Next Steps

• The reporting person will provide full transaction details upon request by the SEC staff, the issuer, or any security holder.

Key Dates

Keywords

Chaince Digital Holdings, CD, Insider Trading, Form 4, Share Sale, Wilfred ZhongKei Daye, CSO, Director, 10% Owner