“Insider Trading: VDS CEO Cashes in on Stock Surge with a Cool $400k Profit.”

As Rồng Việt Securities Joint Stock Company (HOSE: VDS) saw its stock on an upward trajectory, its CEO, Ms. Nguyen Thi Thu Huyen, offloaded 400,000 VDS shares on July 8. This transaction reduced her ownership stake from over 1.5 million shares, or 0.625%, to 1.1 million shares, representing a 0.46% stake in the company.

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Trades were executed through matching and negotiation methods. During the July 8 session, a negotiated trade of 390,000 VDS shares was recorded, valued at over VND 8 billion, corresponding to VND 20,700 per share. This could be part of the transaction made by the CEO of VDS, with the remaining shares traded through the matching method.

It is worth noting that not long ago, on June 25, to be precise, Ms. Huyen directly purchased more than 490,000 VDS shares from VDS itself. During this period, the VDS share price increased from VND 20,000 to VND 22,000. Thus, Ms. Huyen rode the wave of VDS shares briefly. Looking at a more extended period, VDS has maintained a recovery trend since March 2023.

VDS shares have been on a recovery trend since March 2023

Ms. Nguyen Thi Thu Huyen

According to sources, Ms. Nguyen Thi Thu Huyen, born in 1979, holds a Master’s degree in Economics, majoring in Finance and Banking, from the National Economics University.

She joined VDS in 2007 and has held several crucial positions, including Head of Trading Office, Deputy Director of Securities Services Division, Director of Securities Services Division, and Vice President of the Company. The Board of Directors appointed Ms. Huyen as the Company’s CEO from February 8, 2021, and she became a member of the Board of Directors from April 7, 2021. She continues to hold this position for the 2022 – 2026 term, effective from April 5, 2022.

Before joining Rong Viet, Ms. Huyen worked at Vietnam Industrial and Commercial Bank Securities Joint Stock Company (now Vietnam Joint Stock Commercial Bank Securities Company, HOSE: CTS).

Huy Khai