Dir at Uxin Ltd Buys $996,852 in Stock

Bin (William) Li, who serves as Dir at Uxin Ltd (UXIN), purchased 104,931,794 shares of the company's stock, according to a disclosure filed with the U.S. Securities and Exchange Commission.

The transaction was executed at a price of $0.01 per share, for a total value of approximately $996,852.

Insider transactions of this kind are publicly disclosed through Form 4 filings with the SEC, which must generally be submitted within two business days of the trade date.

Insider buying is sometimes viewed by investors as a signal of confidence in a company's prospects, though a single transaction does not necessarily indicate a broader trend.