Xunlei (NASDAQ: XNET) director discloses 18,974 ADS stake in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Xunlei Ltd director Wu Wenjie has filed an initial ownership report showing a direct holding of 18,974 American Depositary Shares (ADS). This Form 3 does not record a new trade; it simply discloses Wu’s existing equity position. Each ADS represents five Class A common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wu Wenjie
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | American Depositary Shares (ADS) | -- | -- | -- |
Holdings After Transaction:
American Depositary Shares (ADS) — 18,974 shares (Direct)
Footnotes (1)
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FAQ
What does Xunlei (XNET) director Wu Wenjie report in this Form 3?
The filing reports existing ownership of 18,974 American Depositary Shares (ADS). This is an initial ownership statement, not a record of a new trade, and shows Wu’s direct equity stake in Xunlei Ltd as an insider.
Is there any buy or sell transaction in Xunlei (XNET) director Wu Wenjie’s Form 3?
No, the Form 3 does not show any buy or sell transaction. It is classified as a holding entry, meaning it only discloses Wu Wenjie’s current ADS position rather than recording a new market trade.
How many Xunlei (XNET) ADS does director Wu Wenjie hold?
Wu Wenjie is reported to hold 18,974 American Depositary Shares (ADS). These ADS are held directly, according to the ownership information, and represent the director’s disclosed equity stake at the time of the Form 3 filing.
What does each Xunlei (XNET) ADS represent according to the Form 3 footnote?
Each American Depositary Share represents five Class A common shares. This ratio, disclosed in the footnote, links the ADS traded in international markets to the underlying Class A common equity of Xunlei Ltd.