Rectitude Holdings (RECT) director discloses 500,000-share ownership
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Rectitude Holdings Ltd. director Huang Dong filed an initial Form 3 disclosing his ownership in the company. The filing shows he directly holds 500,000 Ordinary Shares of Rectitude Holdings Ltd following the reported event, establishing his starting beneficial ownership position as a company insider.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Huang Dong
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares of Rectitude Holdings Ltd | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares of Rectitude Holdings Ltd — 500,000 shares (Direct)
Footnotes (1)
Key Figures
Ordinary Shares held: 500,000 shares
1 metrics
Ordinary Shares held
500,000 shares
Directly owned after reported event on Ordinary Shares of Rectitude Holdings Ltd
Key Terms
Form 3, Ordinary Shares of Rectitude Holdings Ltd, director
3 terms
Form 3 regulatory
"Initial statement of beneficial ownership on Form 3 for Huang Dong."
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.
director financial
"Reporting person Huang Dong is identified as a director of the issuer."
FAQ
What does Huang Dong’s Form 3 for RECT disclose?
The Form 3 discloses that director Huang Dong holds 500,000 Ordinary Shares of Rectitude Holdings Ltd. It is an initial statement of beneficial ownership, establishing his reported equity position as an insider at the time of the filing.
Is Huang Dong’s ownership in RECT direct or indirect?
The Form 3 shows Huang Dong’s ownership as direct. The transaction record lists the ownership type as direct, with 500,000 Ordinary Shares of Rectitude Holdings Ltd held directly, and no indirect or derivative holdings disclosed in this filing.
Does the Form 3 for RECT report any recent buy or sell transactions?
The filing does not report explicit buy or sell transactions. It classifies the entry as a holding record, showing 500,000 Ordinary Shares owned following the reported event, with the transaction direction marked as unknown and no trade codes like purchases or sales.
What role does Huang Dong hold at Rectitude Holdings (RECT)?
In the Form 3, Huang Dong is identified as a director of Rectitude Holdings Ltd. This means he is a member of the company’s board and is required to report his beneficial ownership of the company’s securities as an insider.