Wei Xu - 21 Jun 2022 Form 4 Insider Report for GD Culture Group Ltd (GDC)

Reporting relationship: 10%+ Owner
Issuer ticker: GDC
Reported as of: 21 Jun 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 16 Mar 2023, 16:34:56 UTC
Source filing: View source filing
Reporting owner signature: /s/ Wei Xu

Key filing fact

Wei Xu filed Form 4 for GD Culture Group Ltd (GDC) on 16 Mar 2023.

Key facts

This page summarizes Wei Xu's Form 4 filing for GD Culture Group Ltd (GDC).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 16 Mar 2023, 16:34.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GDC transaction

Common Stock

Award

Transaction value
Shares: +256,000
Change %: +195%
Price
Shares after: 387,340
Date: 21 Jun 2022
Ownership: Direct
Footnotes: F1, F2

GDC transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -93,333
Change %: -24%
Price
Shares after: 294,007
Date: 09 Mar 2023
Ownership: Direct
Footnotes: F1, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

After giving effect to the one-to-thirty reverse stock split which became effective on November 9, 2022.

Footnote F2

Issued as consideration for entering into certain contractual agreements with Makesi IoT Technology (Shanghai) Co., Ltd., an indirect subsidiary of the issuer.

Footnote F3

Cancelled as consideration for terminating certain agreements by and among Makesi IoT Technology (Shanghai) Co., Ltd., Sichuan Wuge Network Games Co., Ltd. and shareholders of Sichuan Wuge Network Games Co., Ltd.