Yanzhuan Zheng, Board Member at Microvast Holdings (NASDAQ:MVST), reported a large insider sell on September 18, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Zheng sold 313,009 shares of Microvast Holdings. The total transaction amounted to $632,278.
Microvast Holdings shares are trading down 5.77% at $1.85 at the time of this writing on Tuesday morning.
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The Importance of Insider Transactions
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