LI YUNFEI (CEO) purchased 52.5% of their position (2.94M shares) of CBAK ENERGY TECHNOLOGY, INC. on the open market
Open‑market purchase worth $3.08M — a major conviction buy. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 9/13/2019ACC: 0001213900-19-018021
DirectorOfficer10% Owner· CEO
Since Jan 2019
+3.34M
Net shares
Net buyer
$3.08M
Total acquired
1
Open market trades
1B · 0S
2
Total transactions
3.34M acquired
Non-Derivative Transactions1
COMMON STOCK
Direct
Shares
+2.94M
Price / share
$1.05
Trade value
$3.08M
% of position
52.5%
9/4/2019
5.59M→8.53M
Total
Net shares
+2.94M
Net value
$3.08M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK Direct | 9/4/2019 | P · Purchase | +2.94M | $1.05 | $3.08M | 52.5% | 5.59M | 8.53M |
| Total | +2.94M | $3.08M | ||||||
Derivative Transactions1
Restricted Share Units
Direct
Converts to
Common Stock
400K shares
Shares
+400K
Strike price
Held after
400K
Exercisable
—
8/23/2019
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Share Units Direct | Common Stock400K shares | 8/23/2019 | A · Award | +400K | — | 400K |