Zhongchao (NASDAQ: ZCMD) director discloses 1,925 Class A share stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Zhongchao Inc. director Vassily Kevin filed an initial ownership report showing he directly holds 1,925 Class A Ordinary Shares. This is a Form 3 filing, so it records his existing stake rather than new buy or sell activity. The company uses a dual-class structure in which Class B Ordinary Shares are convertible into Class A on a one-for-one basis, with each Class A share carrying 1 vote and each Class B share carrying 1,000 votes.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Vassily Kevin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary Shares — 1,925 shares (Direct)
Footnotes (1)
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FAQ
What does Zhongchao Inc. (ZCMD) director Vassily Kevin report on this Form 3?
He reports an initial holding of 1,925 Class A Ordinary Shares of Zhongchao Inc. Form 3 filings disclose an insider’s ownership when they first become a reporting person, rather than showing new purchase or sale activity.
Is there any buy or sell transaction disclosed for ZCMD in this Form 3?
No, this Form 3 for Zhongchao Inc. shows a holding entry only, with 1,925 Class A shares reported. It establishes the director’s existing ownership position and does not record a specific purchase or sale transaction.
What is the significance of this Form 3 filing for Zhongchao (ZCMD) investors?
The filing identifies Vassily Kevin as a director and records his ownership of 1,925 Class A shares. It is primarily an administrative disclosure that establishes his initial stake rather than signaling a new transaction or change in company fundamentals.