ReTo Eco-Solutions (RETO) officer details indirect Class A and B stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ReTo Eco-Solutions, Inc. executive Degang Hou filed an initial ownership report showing indirect holdings of both Class A and Class B shares. The filing lists 156 Class A Shares and 200,000 Class B Shares held indirectly through REIT International (Group) Co.
Footnotes explain that REIT International, a Hong Kong limited liability company in which Hou owns 20%, holds 781 Class A shares and 1,000,000 Class B shares, of which Hou is deemed to beneficially own 20%. The Form 3 does not report any new purchase or sale, only existing positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Degang Hou
Role
Chief Internal Control Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Shares | -- | -- | -- |
| holding | Class B Shares | -- | -- | -- |
Holdings After Transaction:
Class A Shares — 156 shares (Indirect, By REIT International (Group) Co);
Class B Shares — 200,000 shares (Indirect, By REIT International (Group) Co)
Footnotes (1)
- The reporting person holds a 20% ownership of REIT International (Group) Co, a Hong Kong limited liability company ("REIT International") and beneficially owns 20% of the 781 Class A shares held by REIT International. The reporting person holds a 20% ownership of REIT International and beneficially owns 20% of the 1,000,000 Class B shares held by REIT International.
FAQ
What does Degang Hou’s Form 3 for ReTo Eco-Solutions (RETO) disclose?
The Form 3 discloses Degang Hou’s initial beneficial ownership in ReTo Eco-Solutions. It reports indirect holdings of 156 Class A Shares and 200,000 Class B Shares, all held through REIT International (Group) Co, where he owns a 20% interest.
What classes of ReTo Eco-Solutions (RETO) stock does Degang Hou beneficially own?
The filing reports beneficial ownership of both Class A and Class B shares. It lists 156 Class A Shares and 200,000 Class B Shares as indirectly owned through REIT International (Group) Co, reflecting Hou’s proportional interest in that entity.
What role does Degang Hou hold at ReTo Eco-Solutions (RETO) in this Form 3?
Degang Hou is identified as Chief Internal Control Officer. The Form 3 notes he is an officer of ReTo Eco-Solutions, Inc., and details his indirect beneficial ownership in the company’s Class A and Class B shares through REIT International (Group) Co.