Bilibili director Gan JP reports initial holdings

Bilibili Inc. director Gan JP filed an initial ownership report showing his positions in the company’s Class Z Ordinary Shares and related equity awards.

Rhea-AI Filing Summary

Bilibili Inc. director Gan JP filed an initial ownership report showing his positions in the company’s Class Z Ordinary Shares and related equity awards. He directly holds 176,448 Class Z shares, which include 157,500 shares and 18,948 restricted share units that vest in thirds each March 28 from 2026 to 2028.

He also holds a fully vested option to acquire 13,463 Class Z shares at an exercise price of $0.0001 per share, expiring on July 1, 2028. In addition, 37,500 Class Z shares are held through JP Family Trust and 69,700 shares through JG8 LLC; he may be deemed to have voting and dispositive power over these but disclaims beneficial ownership except for his pecuniary interest.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Gan JP

Role Director

Type	Security	Shares	Price	Value
holding	Share Option (right to buy)	--	--	--
holding	Class Z Ordinary Shares	--	--	--
holding	Class Z Ordinary Shares	--	--	--
holding	Class Z Ordinary Shares	--	--	--

Holdings After Transaction: Share Option (right to buy) — 13,463 contracts (Direct); Class Z Ordinary Shares — 176,448 shares (Direct); Class Z Ordinary Shares — 107,200 shares (Indirect, See footnote)

Footnotes (4)

1. F1. Represents (1) 157,500 Class Z Ordinary Shares and (2) 18,948 restricted share units (the "RSUs"). Each RSU represents a contingent right to receive one Class Z Ordinary Share of the Issuer.1/3rd of the RSUs shall vest on March 28, 2026, with the remaining RSUs to be vested evenly on March 28 of each of the following two years on an annual basis.
2. F2. Represents securities held by JP Family Trust (the "Trust"), of which the Reporting Person is the trustee. The Reporting Person may be deemed to have voting and dispositive power over the shares held by the Trust. The Reporting Person disclaims beneficial ownership of the securities held by the Trust except to the extent of his pecuniary interest therein.
3. F3. Represents securities held by JG8 LLC (the "JG8"), of which the Reporting Person is the controlling person. The Reporting Person may be deemed to have voting and dispositive power over the shares held by JG8. The Reporting Person disclaims beneficial ownership of the securities held by JG8 except to the extent of his pecuniary interest therein.
4. F4. This option was granted on July 1, 2022. All shares subject to the option are fully vested and exercisable as of the date hereof.

FAQ

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

What does Bilibili (BILI) director Gan JP report in this Form 3?

Gan JP reports his initial ownership in Bilibili, including direct Class Z Ordinary Shares, restricted share units, stock options, and indirect holdings through JP Family Trust and JG8 LLC. The filing establishes his baseline equity position as a company director.

How many Bilibili Class Z shares does Gan JP hold directly?

Gan JP directly holds 176,448 Class Z Ordinary Shares of Bilibili. This figure includes 157,500 shares plus 18,948 restricted share units, each RSU representing a contingent right to receive one additional Class Z Ordinary Share upon vesting.

What restricted share units (RSUs) does Gan JP have in Bilibili?

Gan JP holds 18,948 Bilibili RSUs, each equal to one Class Z Ordinary Share. One-third of these RSUs vest on March 28, 2026, with the remaining units vesting evenly on March 28 of each of the following two years.

What stock option position does Gan JP report in Bilibili?

He reports a fully vested share option for 13,463 Class Z Ordinary Shares at an exercise price of $0.0001 per share. The option was granted on July 1, 2022, and all shares subject to the option are exercisable through its July 1, 2028 expiration.

What indirect Bilibili share holdings are attributed to Gan JP?

Indirectly, 37,500 Class Z shares are held by JP Family Trust and 69,700 shares by JG8 LLC. As trustee and controlling person, he may be deemed to have voting and dispositive power but disclaims beneficial ownership beyond his pecuniary interests.

Does Gan JP’s Bilibili Form 3 show any recent share purchases or sales?

The Form 3 lists Gan JP’s existing holdings but does not show any explicit purchases or sales. All reported entries are classified as holdings, establishing his current ownership levels rather than recording new market transactions in Bilibili stock.

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

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Accepted by SEC EDGAR 03/17/2026 - 04:11 PM EDT Learn about SEC filing dates

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Gan JP

(Last) (First) (Middle)

C/O BILIBILI INC., BLDG. 3 GUOZHENG CNTR

NO. 485 ZHENGLI ROAD, YANGPU DISTRICT

(Street)

SHANGHAI F4 200433

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
Bilibili Inc. [ BILI ]

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

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

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

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class Z Ordinary Shares	176,448(1)	D
Class Z Ordinary Shares	37,500	I	See footnote(2)
Class Z Ordinary Shares	69,700	I	See footnote(3)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Share Option (right to buy)	(4)	07/01/2028	Class Z Ordinary Shares	13,463	$0.0001	D

Explanation of Responses:

1. Represents (1) 157,500 Class Z Ordinary Shares and (2) 18,948 restricted share units (the "RSUs"). Each RSU represents a contingent right to receive one Class Z Ordinary Share of the Issuer.1/3rd of the RSUs shall vest on March 28, 2026, with the remaining RSUs to be vested evenly on March 28 of each of the following two years on an annual basis.

2. Represents securities held by JP Family Trust (the "Trust"), of which the Reporting Person is the trustee. The Reporting Person may be deemed to have voting and dispositive power over the shares held by the Trust. The Reporting Person disclaims beneficial ownership of the securities held by the Trust except to the extent of his pecuniary interest therein.

3. Represents securities held by JG8 LLC (the "JG8"), of which the Reporting Person is the controlling person. The Reporting Person may be deemed to have voting and dispositive power over the shares held by JG8. The Reporting Person disclaims beneficial ownership of the securities held by JG8 except to the extent of his pecuniary interest therein.

4. This option was granted on July 1, 2022. All shares subject to the option are fully vested and exercisable as of the date hereof.

	/s/ JP Gan	03/17/2026
	** 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 5 (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.