Jianpu director converts 150K shares into 7,500 ADSs
A Jianpu Technology director exercised 150,000 options into 7,500 ADSs, with additional option grants scheduled to vest in late 2026 and early 2027.
Rhea-AI Filing Summary
Jianpu Technology Inc. (AIJTY) director Zhang Xiaoyan exercised options on September 4, 2026 to convert 150,000 Class A ordinary shares into 7,500 American depositary shares (ADSs) at $0.20 per ADS, based on options with a $0.01 exercise price. The filing notes remaining blocks of 25,000 options that will vest and become exercisable on December 31, 2026 and January 31, 2027. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
150,000 shares exercised/converted
Exercise
8 txns
Insider
Zhang Xiaoyan (XY)
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Options (right to buy) | 60,000 | $0.00 | $0.00 |
| Exercise | Options (right to buy) | 40,000 | $0.00 | $0.00 |
| Exercise | Options (right to buy) F6 | 25,000 | $0.00 | $0.00 |
| Exercise | Options (right to buy) F7 | 25,000 | $0.00 | $0.00 |
| Exercise | American depositary shares F1, F2 | 3,000 | $0.20 | $600.00 |
| Exercise | American depositary shares F1, F3 | 2,000 | $0.20 | $400.00 |
| Exercise | American depositary shares F1, F4 | 1,250 | $0.20 | $250.00 |
| Exercise | American depositary shares F1, F5 | 1,250 | $0.20 | $250.00 |
Holdings After Transaction:
Options (right to buy) — 50,000 contracts (Direct);
American depositary shares — 36,500 shares (Direct)
Footnotes (7)
- F1. Each American depositary share ("ADS") represents twenty (20) Class A ordinary shares, with a par value of US$0.0001 per share, of Jianpu Technology Inc. (the "Company").
- F2. Represent 60,000 Class A ordinary shares of the Company received in the form of ADS upon exercise of 60,000 options.
- F3. Represent 40,000 Class A ordinary shares of the Company received in the form of ADS upon exercise of 40,000 options.
- F4. Represent 25,000 Class A ordinary shares of the Company received in the form of ADS upon exercise of 25,000 options.
- F5. Represent 25,000 Class A ordinary shares of the Company received in the form of ADS upon exercise of 25,000 options.
- F6. The remaining 25,000 options following the reported transaction will vest and become exercisable on December 31, 2026.
- F7. The remaining 25,000 options following the reported transaction will vest and become exercisable on January 31, 2027.
Key Figures
Class A ordinary shares exercised: 150,000 shares
ADSs acquired: 7,500 ADSs
Option exercise price: $0.01 per Class A ordinary share
+4 more
7 metrics
Class A ordinary shares exercised
150,000 shares
Options exercised by the director on September 4, 2026
ADSs acquired
7,500 ADSs
Received upon exercise of options into ADSs on September 4, 2026
Option exercise price
$0.01 per Class A ordinary share
Conversion or exercise price for each underlying share
ADS transaction price
$0.20 per ADS
Reported price for each ADS acquired in the non-derivative transactions
ADS to Class A share ratio
1 ADS = 20 Class A ordinary shares
Structure of Jianpu Technology Inc. ADSs
Future vesting options
25,000 options vesting December 31, 2026
Remaining options from one grant scheduled to vest
Additional future vesting options
25,000 options vesting January 31, 2027
Remaining options from another grant scheduled to vest
Key Terms
American depositary share, Class A ordinary shares, Options (right to buy), exercise price
4 terms
Options (right to buy) financial
"Options (right to buy) were exercised into Class A ordinary shares"
exercise price financial
"Options carried an exercise price of $0.01 per Class A ordinary share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Jianpu Technology Inc. (AIJTY) director Zhang Xiaoyan do in this Form 4?
Zhang Xiaoyan exercised stock options on September 4, 2026, converting 150,000 Class A ordinary shares into 7,500 ADSs. The transactions are reported as option exercises rather than open-market purchases or sales.
How many ADSs of AIJTY were acquired in the reported transactions?
The director acquired a total of 7,500 American depositary shares (ADSs), reported in four transactions of 3,000, 2,000, 1,250 and 1,250 ADSs, each at a reported price of $0.20 per ADS.
What were the exercise prices for the AIJTY options exercised by the director?
The options were exercisable at an exercise price of $0.01 per Class A ordinary share. The resulting ADSs were reported with a transaction price of $0.20 per ADS, consistent with one ADS representing twenty Class A ordinary shares.
Are there remaining unvested Jianpu Technology (AIJTY) options for this director?
Yes. Footnotes state that 25,000 options will vest and become exercisable on December 31, 2026, and another 25,000 options will vest and become exercisable on January 31, 2027, following the reported transactions.
Were the AIJTY transactions reported under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote indicating a Rule 10b5-1 trading plan, so the option exercises are not reported as occurring under such a pre-arranged plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.