Welcome to our dedicated page for Bilibili SEC filings (Ticker: BILI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Bilibili Inc. filings document the disclosure record of a foreign private issuer with Nasdaq-listed ADSs and Hong Kong-listed Class Z ordinary shares. The company files Form 20-F annual reports and Form 6-K current reports covering earnings announcements, board-meeting notices, annual report materials and ESG reporting.
The filing record also includes Hong Kong exchange monthly returns and next-day disclosure returns that track authorized and issued share capital, treasury-share activity, Class Y and Class Z ordinary shares, share awards and options. AGM circulars, proxy materials and articles-of-association proposals disclose governance matters, weighted voting rights provisions, shareholder voting procedures and ADR-related voting mechanics.
Bilibili Inc. reported routine share capital movements for March 2026. Issued Class Z WVR ordinary shares listed in Hong Kong increased by 1,886,035 to 336,923,637, reflecting 836,610 shares from option exercises and 1,049,425 shares from vested restricted share units.
Option exercises during the month raised USD 2,889,776.06. The company confirmed that the minimum 25% public float requirement for the relevant share class was met. Authorised share capital and outstanding convertible senior notes amounts remained unchanged, and no treasury shares were held or used.
Bilibili Inc. reported small changes in its share capital as Class Z ordinary shares were issued under employee share plans in March 2026. The company issued new WVR Class Z shares through option exercises and restricted share unit (RSU) vesting, including grants under its 2018 Share Incentive Plan and Global Share Incentive Plan.
Class Z shares outstanding (excluding treasury shares) increased from 335,037,602 as of 28 February 2026 to 335,944,265 as of 30 March 2026, while no treasury shares were recorded. One RSU vesting for 6,316 Class Z shares related to a director, with all other issuances to non-director participants.
Bilibili Inc. has granted 949,277 restricted share units (RSUs) to 102 employees under its Second Amended and Restated 2018 Share Incentive Plan. These RSUs represent 949,277 Class Z Ordinary Shares, or about 0.23% of total shares in issue on a one share one vote basis.
The RSUs are granted for no purchase price, with the market price of Class Z Ordinary Shares at HK$182.30 per share on the grant date. They vest between March 26, 2027 and March 26, 2032 and carry no additional performance targets, but are subject to clawback for causes such as termination for cause, certain criminal convictions, or serious misconduct.
After this grant, Bilibili may still grant awards representing 27,755,082 Class Z Ordinary Shares under the overall scheme limit, including 2,070,675 Class Z Ordinary Shares available for Service Providers. None of the grantees are directors, chief executives, substantial shareholders, or their associates.
Bilibili Inc. filed an initial insider ownership report for Li Feng, who is identified as a director of the company. This Form 3 does not list any reportable stock or derivative holdings and shows no insider transactions or option positions at the time of the filing.
Bilibili Inc. director Ding Guoqi has filed an initial Form 3, which is a required statement of beneficial ownership for new insiders. The data provided shows no reported transactions, with buy, sell, and derivative activity all listed as zero and overall net activity described as neutral.
Bilibili Inc. president and director Xu Yi filed an initial ownership report showing his current stakes in the company. He directly holds 45,000 Class Z Ordinary Shares and has indirect interests in 24,467,208 Class Y Ordinary Shares through Kami Sama Limited and The Homur Trust structure.
The filing also notes a Forward Sale Contract tied to Class Z Ordinary Shares, reflecting prepaid variable forward sale arrangements entered by Kami Sama to deliver up to 1,500,000, 400,000 and 1,000,000 American Depositary Shares, with related maturities in 2027. Each ADS represents one Class Z Ordinary Share.
Bilibili Inc. director and executive Li Ni filed an initial ownership report listing her existing equity interests in the company. She holds a share option over 2,000,000 Class Z ordinary shares at an exercise price of $0.0001 per share, expiring in 2028, with 1,670,000 shares already vested and 330,000 scheduled to vest on November 23, 2026. She also holds 412,000 performance-based restricted share units, each representing a contingent right to one Class Z ordinary share, and 1,000,000 Class Z ordinary shares directly. In addition, 7,200,000 Class Y ordinary shares are held indirectly through Saber Lily Limited, a Cayman trust structure for which she may be deemed to have voting and dispositive power, while disclaiming beneficial ownership beyond her pecuniary interest. The filing does not report any new purchases or sales, only these existing positions.
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.
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.
Bilibili Inc. Chief Financial Officer Fan Xin has filed an initial Form 3 showing existing equity interests in the company. The filing reports 210,000 restricted share units granted on March 31, 2023, vesting over six years, each RSU representing one Class Z ordinary share.
Fan Xin also holds two fully vested share option awards, each covering 60,000 Class Z ordinary shares. One option has an exercise price of $0.0001 per share and the other has an exercise price of $10.4700 per share, both expiring on March 23, 2028. The form records holdings only, with no new buy or sell transactions.