Locafy (LCFY) director lists 17,908 shares held through J & K Chegs Trust
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Locafy Ltd director John Joseph Chegwidden has filed an initial Form 3 detailing his beneficial ownership in the company. The filing reports indirect ownership of 17,908 Ordinary Shares, held through the J & K Chegs Share Trust.
This Form 3 does not show a new purchase or sale, but instead establishes Chegwidden’s existing indirect equity position via the trust structure.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chegwidden John Joseph
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 17,908 shares (Indirect, See footnote)
Footnotes (1)
- [object Object]
Key Figures
Indirectly owned shares: 17,908 Ordinary Shares
1 metrics
Indirectly owned shares
17,908 Ordinary Shares
Beneficial ownership reported on Form 3 via J & K Chegs Share Trust
Key Terms
Ordinary Shares, indirect, Share Trust
3 terms
indirect financial
"ownership_type: "indirect" and ownership_code: "I""
FAQ
What insider position did Locafy (LCFY) director John Joseph Chegwidden report?
John Joseph Chegwidden reported beneficial ownership of 17,908 Ordinary Shares of Locafy Ltd. These shares are held indirectly through the J & K Chegs Share Trust, reflecting his existing equity stake rather than a new transaction or trade.
Is the Locafy (LCFY) Form 3 filing a buy or a sell transaction?
The Locafy Form 3 filing is not a buy or sell transaction. It is an initial ownership report showing 17,908 Ordinary Shares held indirectly through the J & K Chegs Share Trust, establishing Chegwidden’s starting beneficial stake as a company insider.
What does indirect ownership mean in the Locafy (LCFY) Form 3?
Indirect ownership means the insider’s stake is held through another entity rather than directly. In this case, Chegwidden’s 17,908 Ordinary Shares are held via the J & K Chegs Share Trust, which is noted in the filing’s ownership and footnote disclosure.
Why is Locafy (LCFY) director Chegwidden filing a Form 3?
Form 3 is required when someone becomes a reporting insider, such as a director. Chegwidden’s Form 3 lists his existing beneficial ownership of 17,908 Ordinary Shares through the J & K Chegs Share Trust, giving investors visibility into his initial equity position.