Ambow Education (AMBO) director lists multi-class share and option stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Ambow Education Holding Ltd. director and officer Dr. Huang Jin filed an initial statement of beneficial ownership, detailing existing equity interests rather than new trades. The filing shows stock options to purchase 400,000 Class A Ordinary Shares at an exercise price of $0.13 per share, expiring on March 27, 2035, with a four-year vesting schedule.
Dr. Huang reports direct ownership of 64,098 Class A Ordinary Shares and additional indirect holdings through entities. New Flourish Holdings Limited holds 287,214 Class A and 4,288,415 Class C Ordinary Shares, while Spin-Rich Ltd holds 420,000 Class C Ordinary Shares. The footnotes state that these entity-held shares are controlled by Dr. Huang but are largely held for the benefit of others, with beneficial ownership disclaimed except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Huang Jin
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options to purchase Class A Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class C Ordinary Shares | -- | -- | -- |
| holding | Class C Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Options to purchase Class A Ordinary Shares — 400,000 shares (Direct);
Class A Ordinary Shares — 64,098 shares (Direct);
Class A Ordinary Shares — 287,214 shares (Indirect, By New Flourish Holdings Limited);
Class C Ordinary Shares — 4,288,415 shares (Indirect, By New Flourish Holdings Limited)
Footnotes (1)
- Consists of shares owned by New Flourish Holdings Limited ("New Flourish"). Dr. Huang is the sole director of New Flourish and has voting and dispositive control and investment power over the Class A Ordinary Shares held by New Flourish, but disclaims beneficial ownership over such shares, which are held for the benefit of certain officers of the Company. Consists of shares owned by New Flourish. Dr. Huang, as the sole director of New Flourish and has voting control and investment power over the Class C Ordinary Shares held by New Flourish. Dr. Huang disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest she may have therein, directly or indirectly. Consists of shares owned by Spin-Rich Ltd. Dr. Huang has sole voting control and investment power over the Class C Ordinary Shares held by Spin-Rich Ltd. Dr. Huang disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest she may have therein, directly or indirectly. The stock options have a four-year vesting period, with 25% vesting upon the first anniversary of the grant date and the remaining 75% vesting monthly in equal intallments over the subsequent three years.
FAQ
What does Ambow Education (AMBO) director Huang Jin report on this Form 3?
The Form 3 reports Dr. Huang Jin’s existing ownership in Ambow Education, including direct Class A shares, indirect Class A and Class C shares through related entities, and stock options. It establishes baseline insider holdings, not new purchases or sales.
How many Ambow Education (AMBO) options does Huang Jin hold and on what terms?
Dr. Huang holds options to purchase 400,000 Class A Ordinary Shares at an exercise price of $0.13 per share, expiring on March 27, 2035. These options vest over four years, with 25% after one year and the rest monthly over three years.
What indirect Ambow Education (AMBO) holdings are reported through New Flourish and Spin-Rich?
New Flourish Holdings Limited holds 287,214 Class A and 4,288,415 Class C Ordinary Shares, while Spin-Rich Ltd holds 420,000 Class C Ordinary Shares. Dr. Huang controls these entities but disclaims beneficial ownership beyond any pecuniary interest she may have.
Does this Ambow Education (AMBO) Form 3 indicate insider buying or selling?
The Form 3 does not show insider buying or selling activity. It is an initial statement that lists existing holdings in Ambow Education’s shares and options, establishing Dr. Huang’s ownership position and related entity stakes at the reporting date.