KE Holdings director sells 1,108,890 ADSs

KE Holdings Inc.'s Executive Director reported an indirect post-sale position through Clover Rich Limited of 53,868,189 Class A ordinary shares.

Available on EDGAR 09/23/2026 - 06:05 AM EDT Accepted by SEC EDGAR 09/23/2026 - 06:05 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

KE Holdings Inc. (symbol: BEKE) is the issuer of record for a Form 4 filing submitted to the SEC. KE Holdings Inc. Executive Director Shan Yigang reported an indirect sale by Clover Rich Limited of 3,326,670 Class A ordinary shares on September 21, 2026, at $5.4393 per share. The shares represented 1,108,890 American Depositary Shares (ADSs); the disposal was made on NYSE and settled on September 22, 2026. The reported position afterward was 53,868,189 Class A ordinary shares. No Rule 10b5-1 plan was reported.

Insider Trade Summary

Net Seller: 3,326,670 shares

Net Sell 1 txn

Insider Shan Yigang

Role Executive Director

Sold 3,326,670 shs ($18.09M)

Share of Position Sold 5.8%

Type	Security	Shares	Price	Value
Sale	Class A ordinary shares F1	3,326,670	$5.4393	$18.09M

Holdings After Transaction: Class A ordinary shares — 53,868,189 shares (Indirect, By Clover Rich Limited)

Holdings Before and After: Class A ordinary shares, 57,194,859 to 53,868,189 shares (Indirect, By Clover Rich Limited)

Footnotes (1)

1. F1. The 3,326,670 Class A ordinary shares represent 1,108,890 American Depositary Shares (ADSs) disposed by Clover Rich Limited on September 21, 2026 and settled on September 22, 2026. The disposal was made on NYSE.

Key Figures

Class A ordinary shares disposed: 3,326,670 shares Price per Class A ordinary share: $5.4393 per share American Depositary Shares represented: 1,108,890 ADSs +1 more

4 metrics

Class A ordinary shares disposed 3,326,670 shares September 21, 2026

Price per Class A ordinary share $5.4393 per share Reported disposal

American Depositary Shares represented 1,108,890 ADSs Represented by the disposed Class A ordinary shares

Class A ordinary shares following transaction 53,868,189 shares Reported position after the disposal

Key Terms

Class A ordinary shares, American Depositary Shares (ADSs), Rule 10b5-1 plan

3 terms

Class A ordinary shares financial

"3,326,670 Class A ordinary shares"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

American Depositary Shares (ADSs) financial

"1,108,890 American Depositary Shares (ADSs)"

A U.S.-listed certificate that stands for a specific number of shares in a non‑U.S. company held by a U.S. bank, making the foreign stock tradable on American exchanges in dollars. Think of it like a local voucher that represents ownership of an overseas product — it lets U.S. investors buy and sell foreign companies without handling foreign currency or foreign brokerage accounts, but it can affect dividends, voting rights, fees, liquidity and exposure to currency and regulatory differences.

Rule 10b5-1 plan regulatory

"No Rule 10b5-1 plan was reported"

A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many BEKE shares did Clover Rich Limited dispose of?

Clover Rich Limited disposed of 3,326,670 Class A ordinary shares on September 21, 2026.

What price was reported for the BEKE share disposal?

The reported price was $5.4393 per Class A ordinary share.

How many ADSs did the BEKE shares represent?

The 3,326,670 Class A ordinary shares represented 1,108,890 American Depositary Shares (ADSs).

What was the reported BEKE position after the transaction?

The reported position after the transaction was 53,868,189 Class A ordinary shares, held indirectly through Clover Rich Limited.

Who reported the BEKE transaction, and was it under a Rule 10b5-1 plan?

KE Holdings Inc. Executive Director Shan Yigang reported the indirect transaction made by Clover Rich Limited. No Rule 10b5-1 plan was reported.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Shan Yigang

(Last) (First) (Middle)

ORIENTAL ELECTRONIC TECHNOLOGY BUILDING

NO. 2 CHUANGYE ROAD, HAIDIAN DISTRICT

(Street)

BEIJING 100086

(City) (State) (Zip)

CHINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
KE Holdings Inc. [ BEKE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Director

2a. Foreign Trading Symbol
[SEHK: 2423]

3. Date of Earliest Transaction (Month/Day/Year)
09/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A ordinary shares	09/21/2026		S		3,326,670(1)	D	$5.4393	53,868,189	I	By Clover Rich Limited

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The 3,326,670 Class A ordinary shares represent 1,108,890 American Depositary Shares (ADSs) disposed by Clover Rich Limited on September 21, 2026 and settled on September 22, 2026. The disposal was made on NYSE.

	/s/SHAN Yigang	09/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)