KE Holdings (NYSE: BEKE) CEO restructures 730K Class B into Class A
Rhea-AI Filing Summary
KE Holdings Inc. director and Chief Executive Officer Peng Yongdong reported an internal share reclassification on August 14, 2026. Following the cancellation of 26,677,794 Class A ordinary shares represented by repurchased ADSs and two surrendered Class A shares, a controlled corporation associated with Peng converted 730,525 Class B ordinary shares into 730,525 Class A ordinary shares on a 1:1 basis under the Hong Kong Listing Rules. After these indirect transactions, Peng’s associated holdings totaled 78,858,234 Class A ordinary shares and 94,082,291 Class B ordinary shares, reflecting a restructuring rather than a net change in overall share count held.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Peng Yongdong
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A ordinary shares F1 | 730,525 | $0.00 | $0.00 |
| Other | Class B ordinary shares F1 | 730,525 | $0.00 | $0.00 |
Holdings After Transaction:
Class A ordinary shares — 78,858,234 shares (Indirect, By controlled corporation);
Class B ordinary shares — 94,082,291 shares (Indirect, By controlled corporation)
Footnotes (1)
- F1. On August 14, 2026, 26,677,794 Class A ordinary shares represented by repurchased ADSs and two Class A ordinary shares surrendered by a shareholder were canceled. As a result, Mr. Peng, as a beneficiary of weighted voting rights (as defined under the Hong Kong Listing Rules), converted 730,525 Class B ordinary shares into Class A ordinary shares on 1:1 ratio under the Hong Kong Listing Rules.
Key Figures
Conversion shares: 730,525 shares
Class A holdings after transaction: 78,858,234 shares
Class B holdings after transaction: 94,082,291 shares
+3 more
6 metrics
Conversion shares
730,525 shares
Class B ordinary shares converted into Class A ordinary shares on August 14, 2026
Class A holdings after transaction
78,858,234 shares
Indirect Class A ordinary shares held after the reported restructuring
Class B holdings after transaction
94,082,291 shares
Indirect Class B ordinary shares held after the reported restructuring
Canceled Class A shares (ADS-related)
26,677,794 shares
Class A ordinary shares represented by repurchased ADSs canceled on August 14, 2026
Additional Class A shares canceled
2 shares
Class A ordinary shares surrendered by a shareholder and canceled
Conversion ratio
1:1
Class B ordinary shares converted into Class A ordinary shares under the Hong Kong Listing Rules
Key Terms
weighted voting rights, ADSs, Hong Kong Listing Rules, controlled corporation
4 terms
weighted voting rights regulatory
"Mr. Peng, as a beneficiary of weighted voting rights (as defined under the Hong Kong"
A system where some shares carry more voting power than others so certain owners can control corporate decisions with fewer shares. Think of it like tickets to a meeting where some tickets count for five votes and others for one: it lets founders or insiders steer strategy and board picks even if they don't own most of the stock. For investors this affects corporate governance, the protection of minority shareholders, and how much influence public holders have over major decisions.
ADSs financial
"26,677,794 Class A ordinary shares represented by repurchased ADSs and two Class"
Hong Kong Listing Rules regulatory
"on 1:1 ratio under the Hong Kong Listing Rules."
A set of official requirements and procedures companies must follow to list and trade shares on the Hong Kong stock exchange. Think of it as a rulebook and checklist that determines who can join the market, what financial and governance information they must disclose, and what ongoing duties they have; these rules matter to investors because they shape how much transparency, oversight and legal protection shareholders can expect, which affects risk and valuation.
controlled corporation financial
"nature_of_ownership": "By controlled corporation""
FAQ
Was the BEKE Form 4 transaction a market buy or sell by Peng Yongdong?
No, it was reported as an internal restructuring using code J, with one acquisition and one disposition. The filing describes a 1:1 conversion between Class B and Class A shares, not an open-market purchase or sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.