MMTEC (NASDAQ: MTC) CEO Wen Xiangdong discloses Form 3 holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
MMTEC, INC. chairman and CEO Wen Xiangdong has filed a Form 3 reporting his initial ownership of the company’s Common Stock. He holds 38,700 shares directly and 2,250 shares indirectly through MMBD Information Technology Limited. The filing does not show any recent buy or sell transactions, only current holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wen Xiangdong
Role
Chairman, CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 38,700 shares (Direct);
Common Stock — 2,250 shares (Indirect, By MMBD Information Technology Limited)
Footnotes (1)
Key Figures
Direct Common Stock holdings: 38,700 shares
Indirect Common Stock holdings: 2,250 shares
Unknown transaction entries: 2 entries
3 metrics
Direct Common Stock holdings
38,700 shares
Total shares held directly following reported holdings
Indirect Common Stock holdings
2,250 shares
Shares held indirectly by MMBD Information Technology Limited
Unknown transaction entries
2 entries
Holding entries with unknown transaction code on Form 3
Key Terms
Form 3, Common Stock, indirect
3 terms
Form 3 regulatory
"INSIDER FILING DATA (Form 3):"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
indirect financial
""ownership_type": "indirect""
FAQ
What does MMTEC (MTC) CEO Wen Xiangdong’s Form 3 report show?
The Form 3 shows Wen Xiangdong’s initial ownership in MMTEC Common Stock. He directly holds 38,700 shares and indirectly holds 2,250 shares through MMBD Information Technology Limited, with no buy or sell transactions reported in this filing.
Does Wen Xiangdong’s MMTEC (MTC) Form 3 show any recent insider buying or selling?
No, the Form 3 does not show recent insider buying or selling. It only lists Wen Xiangdong’s existing holdings of MMTEC Common Stock, both direct and indirect, as of the reported date, without any transaction share amounts or prices.
What is the indirect MMTEC (MTC) ownership reported for Wen Xiangdong?
The filing reports 2,250 shares of MMTEC Common Stock held indirectly for Wen Xiangdong. These shares are held “By MMBD Information Technology Limited”, reflecting ownership through that related entity rather than directly in his own name.
What role does Wen Xiangdong hold at MMTEC (MTC) in this Form 3?
In the Form 3, Wen Xiangdong is identified as both Chairman and CEO of MMTEC, INC. The filing classifies him as a director and officer, and discloses his direct and indirect Common Stock ownership as of the reported date.