Bilibili (BILI) CEO Chen Rui reports initial share and option holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Bilibili Inc. director, chairman and CEO Chen Rui filed an initial statement of beneficial ownership, outlining his equity position in the company. He reports direct share options over 1,000,000, 1,000,000 and 3,000,000 Class Z ordinary shares at exercise prices including $0.0001 and $10.47, plus 412,000 performance-based restricted share units tied to Class Z shares. He also reports indirect ownership of 48,032,802 Class Y ordinary shares held through Vanship Limited, an entity controlled by a Cayman trust for which Chen is settlor and a beneficiary, with beneficial ownership disclaimed except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Chen Rui
Role
Chairman of the Board and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Performance-based Restricted Share Units | -- | -- | -- |
| holding | Class Y Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Share Option (right to buy) — 1,000,000 shares (Direct);
Performance-based Restricted Share Units — 412,000 shares (Direct);
Class Y Ordinary Shares — 48,032,802 shares (Indirect, See footnote)
Footnotes (1)
- Represents securities held by Vanship Limited (the "Vanship"). Vanship is controlled by a trust established under the laws of Cayman Islands (the "Trust) and managed by TMF (Cayman) Ltd. as the trustee. Mr. Chen is the settlor of the Trust, and Mr. Chen and his family members are the Trust's beneficiaries. Under the terms of the Trust, Mr. Chen may be deemed to have the voting and dispositive power over the Issuer's shares held by the Vanship. The Reporting Person disclaims beneficial ownership of the securities held by the Vanship except to the extent of his pecuniary interest therein. Represents a single option award grant with respect to 1,000,000 total shares initially. 800,000 of the total shares subject to the option have become vested and exercisable as of the date hereof, and 200,000 of the shares subject to the option shall become vested and exercisable on March 23, 2026. Represents a single option award grant with respect to 1,000,000 total shares initially. 800,000 of the total shares subject to the option have become vested and exercisable as of the date hereof, and 200,000 of the shares subject to the option shall become vested and exercisable on March 23, 2026. Represents a single option award grant with respect to 3,000,000 total shares initially. 2,505,000 of the total shares subject to the option have become vested and exercisable as of the date hereof, and 495,000 of the shares subject to the option shall become vested and exercisable on November 23, 2026. Represents performance based restricted share units (the "PSUs") granted on December 15, 2025, the vesting of which was conditional upon the achievement of the performance targets as determined by the board of directors of the Issuer. Each PSU represents a contingent right to receive one Class Z ordinary share of the Issuer.
FAQ
What does Chen Rui’s Form 3 filing for Bilibili (BILI) show?
The Form 3 shows Chen Rui’s initial ownership in Bilibili. It details multiple option awards over Class Z ordinary shares, performance-based restricted share units, and a large block of Class Y ordinary shares held indirectly through Vanship Limited, a trust-controlled entity linked to him.