Zhixin Liu - 19 Mar 2024 Form 4 Insider Report for DATASEA INC. (DTSS)

Reporting relationship: CEO, Director, 10%+ Owner
Issuer ticker: DTSS
Reported as of: 19 Mar 2024
Net transaction value: +$3,068,833
SEC form: 4
Accepted by SEC: 25 Mar 2025, 16:48:35 UTC
Prior SEC filing: 15 Jun 2023
Next SEC filing: 03 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ Zhixin Liu

Key filing fact

Zhixin Liu filed Form 4 for DATASEA INC. (DTSS) on 25 Mar 2025.

Key facts

This page summarizes Zhixin Liu's Form 4 filing for DATASEA INC. (DTSS).
8 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 25 Mar 2025, 16:48.

Change

Previous filing in this sequence was filed on 15 Jun 2023.
Current net transaction value: +$3,068,833.

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.

DTSS transaction

Common Stock

Award

Transaction value: $21,780
Shares: +22,000
Change %: +3.4%
Price: $0.9900
Shares after: 674,955
Date: 19 Mar 2024
Ownership: Direct
Footnotes: F1

DTSS transaction

Common Stock

Award

Transaction value: $11,181
Shares: +48,612
Change %: +7.2%
Price: $0.2300
Shares after: 723,567
Date: 19 Mar 2024
Ownership: Direct
Footnotes: F2

DTSS transaction

Common Stock

Award

Transaction value: $384,750
Shares: +75,000
Change %: +10%
Price: $5.13
Shares after: 798,567
Date: 13 Jun 2024
Ownership: Direct
Footnotes: F1

DTSS transaction

Common Stock

Award

Transaction value: $63,314
Shares: +12,342
Change %: +1.5%
Price: $5.13
Shares after: 810,909
Date: 13 Jun 2024
Ownership: Direct
Footnotes: F2

DTSS transaction

Common Stock

Award

Transaction value: $222,300
Shares: +45,000
Change %: +5.5%
Price: $4.94
Shares after: 855,909
Date: 06 Aug 2024
Ownership: Direct
Footnotes: F1

DTSS transaction

Common Stock

Award

Transaction value: $837,742
Shares: +398,925
Change %: +47%
Price: $2.10
Shares after: 1,254,834
Date: 19 Aug 2024
Ownership: Direct
Footnotes: F3

DTSS transaction

Common Stock

Award

Transaction value: $1,421,565
Shares: +690,080
Change %: +55%
Price: $2.06
Shares after: 1,944,914
Date: 15 Oct 2024
Ownership: Direct
Footnotes: F4

DTSS transaction

Common Stock

Award

Transaction value: $106,200
Shares: +45,000
Change %: +2.3%
Price: $2.36
Shares after: 1,989,914
Date: 19 Nov 2024
Ownership: Direct
Footnotes: F1

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The Reporting Person was issued shares of the Issuer's common stock as compensation in lieu of cash.

Footnote F2

The Reporting Person was issued shares of the Issuer's common stock as payment of accrued and unpaid salary.

Footnote F3

On August 9, 2024, the Issuer entered into an intellectual property purchase agreement with the Reporting Person, under which the Reporting Person transferred two intangible assets (software copyrights) personally owned by the Reporting Person to the Issuer. In consideration for the transfer, the Issuer granted the Reporting Person 398,925 shares of common stock.

Footnote F4

Pursuant to a Subscription Agreement, dated September 27, 2024, the Issuer agreed to sell, and the Reporting Person agreed to purchase, an aggregate of 690,080 shares of common stock at a purchase price of $2.06 per share (the "Purchase Price"). The Purchase Price was equal to the closing price of the common stock on The Nasdaq Capital Market on September 26, 2024, and was payable within 15 business days of September 27, 2024. On October 15, 2024, the Issuer received the Purchase Price from the Reporting Person.