888,000 shares were sold indirectly through I Financial Ventures Group LLC for a transaction value of approximately $30.0 million on Jan. 28 and Jan. 29, 2026.
The transaction represented 9.24% of Jay Jiang Yu's total indirect holdings, reducing post-transaction indirect ownership to 8,724,000 shares.
All shares sold were held indirectly via I Financial Ventures Group LLC; the sale stemmed from the exercise of 500,000 options, with proceeds realized through open-market disposition.
This action effectively exhausted direct ownership and further reduced indirect capacity, with sale size consistent with the median proportion of holdings sold in recent periods.
Jay Jiang Yu, President and Chairman of Nano Nuclear Energy Inc. (NASDAQ:NNE), executed the exercise of 500,000 options followed by the indirect sale of 888,000 common shares valued at approximately $30 million, as disclosed in the SEC Form 4 filing.
| Metric | Value |
|---|---|
| Shares sold (indirect) | 888,000 |
| Transaction value | $30 million |
| Post-transaction shares (direct) | 0 |
| Post-transaction shares (indirect) | 8,724,000 |
Transaction value based on SEC Form 4 weighted average purchase price ($33.82).
| Metric | Value |
|---|---|
| Price (as of market close 1/29/2026) | $32.11 |
| Market capitalization | $1.3 billion |
| Net income (TTM) | -$40,067,076 |
| 1-year price change | -12.12% |
* 1-year performance calculated using Jan. 29, 2026 as the reference date.
Nano Nuclear Energy Inc. is an early-stage microreactor technology company focused on advancing next-generation nuclear power solutions. With a lean team and a portfolio of proprietary reactor designs, the company seeks to address emerging demand for portable and decentralized nuclear energy. Its integrated approach, spanning reactor development and nuclear fuel fabrication, positions it to serve a broad range of institutional and industrial customers in the evolving nuclear sector.
Jay Jiang Yu’s late January transaction was primarily related to a Rule 10b5-1 trading plan, which allows insiders to buy and sell shares at predetermined times and amounts, to avoid the appearance of insider trading. Watching what insiders are doing regarding shares of their own companies can provide useful information for investors, but it’s important to remember that sometimes they make moves for reasons that have nothing to do with their conviction in the company or the stock’s recent performance, and may have more to do with retirement planning, liquidity, or tax purposes.
Nano Nuclear Energy reported the financial results for its first quarter of fiscal 2026 (ended Dec. 31) on Tuesday, Feb. 17, and the results largely emphasized Nano Nuclear’s standing as an early-stage company, which needs to spend money before it can make money. Its loss from operations, for example, was $11.6 million, with a net loss of $6.5 million, a result of increased operating expenses. However, it secured $6.8 million in incentive awards from the state of Illinois for its nuclear technology efforts and raised an additional $400 million in gross proceeds from an October private placement.
The stock is up 6.9% year to date, though it has already taken investors on a ride, peaking at $36 in mid-January.
Investors will want to watch progress with its Kronos MMR system, a high-temperature gas-cooled reactor design the company is advancing toward formal licensing and prototype construction. The company says the system has “a growing pipeline of potential commercial customers and strategic partners in the U.S. and globally,” which could be a boon for Nano Nuclear, but the process is also complex and lengthy and hiccups could lead to stock price stumbles.
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Sarah Sidlow has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.