James Chae Sells Shares in Vestand Inc.

James Chae, a ten percent owner of Vestand Inc., has reported multiple transactions involving the sale of Class A common stock. The transactions occurred between October 22, 2025, and October 24, 2025. On October 22, Chae sold 5,000 shares at $1.20 per share, reducing his holdings to 2,542,545 shares. The following day, he sold another 5,000 shares at $1.26 per share and an additional 5,000 shares at $1.23 per share, bringing his total holdings down to 2,532,545 shares. On October 24, Chae sold 3,039 shares at $1.20 per share, leaving him with 2,529,506 shares. These transactions indicate a significant reduction in Chae's ownership stake in Vestand Inc.