Director RSU awards at Baozun (NASDAQ: BZUN) total 150,000 units
Rhea-AI Filing Summary
Baozun Inc. granted a total of 150,000 restricted share units (RSUs) under its 2022 share incentive plan on May 21, 2026 to four directors. The awards equal 0.09% of issued shares (excluding treasury shares) and are settled in 150,000 Class A ordinary shares or 50,000 ADSs.
Independent directors Yiu Pong Chan, Steve Hsien-Chieng Hsia and Benjamin Changqing Ye each received 42,000 RSUs (0.02% of issued shares each), while executive director Bin Yu received 24,000 RSUs (0.01%). Grants are at no purchase price and vest over four years, subject to individual performance reviews and Group milestones, as part of the directors’ remuneration and retention packages.
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Key Figures
Key Terms
weighted voting rights structure financial
vesting period financial
independent Director financial
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of May 2026
Commission File Number: 001-37385
Baozun Inc.
No. 1-9, Lane 510, West Jiangchang Road
Shanghai 200436
The People’s Republic of China
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F ¨
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Baozun Inc. | ||
| By: | /s/ Vincent Wenbin Qiu | |
| Name: | Vincent Wenbin Qiu | |
| Title: | Chief Executive Officer | |
Date: May 21, 2026
Exhibit Index
| Exhibit 99.1 — Grant of Restricted Share Unit Awards |
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” “potential,” “continues,” “ongoing,” “targets,” “guidance,” “going forward,” “outlook” or other similar expressions. Statements that are not historical facts, including but not limited to statements about Baozun’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to Baozun’s filings with the United States Securities and Exchange Commission and its announcements, notices or other documents published on the website of The Stock Exchange of Hong Kong Limited. All information provided in this announcement is as of the date hereof and is based on assumptions that Baozun believes to be reasonable as of this date, and Baozun undertakes no obligation to update such information, except as required under applicable law.
Exhibit 99.1
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
Under our weighted voting rights structure, our share capital comprises Class A ordinary shares and Class B ordinary shares. Each Class A ordinary share entitles the holder to exercise one vote, and each Class B ordinary share entitles the holder to exercise ten votes, respectively, on any resolution tabled at our general meetings, except as may otherwise be required by law or by the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited (the “Listing Rules”) or provided for in our memorandum and articles of association. Shareholders and prospective investors should be aware of the potential risks of investing in a company with a weighted voting rights structure. Our American depositary shares, each representing three of our Class A ordinary shares, are listed on the Nasdaq Global Select Market in the United States under the symbol BZUN.
Baozun Inc.
寶尊電商有限公司*
(A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)
(Stock Code: 9991)
GRANT OF RESTRICTED SHARE UNIT AWARDS
Baozun Inc. (the “Company”, together with its consolidated subsidiaries and its affiliated consolidated entities, the “Group”) hereby announces that on May 21, 2026 (Hong Kong time), the Company granted and proposed to grant restricted share unit awards (the “RSUs”) under the 2022 share incentive plan of the Company (the “2022 Plan”) to certain grantees (the “Grantees”), the details of which are set forth as follows:
| Date of grant: | May 21, 2026 (Hong Kong time) (the “Grant Date”) |
| Number of RSUs granted: | 150,000 RSUs, details of the Grantees are as follows: |
| Percentage | |||||||
| of the total | |||||||
| issued shares | |||||||
| of the | |||||||
| Company | |||||||
| (excluding | |||||||
| treasury | |||||||
| Number | shares) on the | ||||||
| Name of Grantees | Positions | of RSUs | Grant Date | ||||
| Mr. Yiu Pong Chan | independent director of the Company (“Director”) | 42,000 | 0.02% | ||||
| Mr. Steve Hsien-Chieng Hsia | independent Director | 42,000 | 0.02% | ||||
| Mr. Benjamin Changqing Ye | independent Director | 42,000 | 0.02% | ||||
| Ms. Bin Yu | executive Director | 24,000 | 0.01% | ||||
| Total | 150,000 | 0.09% |
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| Number of underlying Class A ordinary shares of the Company: | 150,000 Class A ordinary shares (the “Shares”) or 50,000 American depository shares (the “ADS(s)”) of the Cosmpany |
| Purchase price: | The Grantees are not required to pay any purchase price for the Shares issuable under the RSUs. |
| Closing price of the Shares on the date of grant: | HK$6.73 per Share, for Shares traded on the Stock Exchange on May 21, 2026 (Hong Kong time), being the trading day on the Stock Exchange on the Grant Date. |
| US$2.54 per ADS, for ADSs traded on the Nasdaq Global Select Market on May 20, 2026 (United States time), being the trading day on the Nasdaq Global Select Market immediately before the Grant Date. | |
| Performance target and vesting period: | Subject to the satisfaction of the individual performance review and satisfaction of certain milestones or performance targets relating to the Group as set out in the award agreements applicable to the respective Grantees, the vesting schedules are set as follows: |
| Circumstances | |||||||
| Number | for any shorter | ||||||
| Name of Grantees | of RSUs | Vesting Period | vesting period | ||||
| Mr. Yiu Pong Chan | 42,000 | 10,500 RSUs shall vest on each anniversary of the Grant Date in four years. | Not applicable | ||||
| Mr. Steve Hsien-Chieng Hsia | 42,000 | 10,500 RSUs shall vest on each anniversary of the Grant Date in four years. | Not applicable | ||||
| Mr. Benjamin Changqing Ye | 42,000 | 10,500 RSUs shall vest on each anniversary of the Grant Date in four years. | Not applicable | ||||
| Ms. Bin Yu | 24,000 | Each of 10,500 RSUs, 10,500 RSUs and 3,000 RSUs shall vest on May 21, 2027, May 21, 2028, and May 21, 2029, respectively. | Not applicable |
Clawback mechanisms: |
Subject to the terms and conditions in the 2022 Plan, the RSUs may be forfeited or clawbacked if the Grantees (i) seriously commit or persistently breach or not comply with any policy of the Group or any applicable laws and rules applicable to such Grantees, including but not limited to the applicable employee handbook; (ii) engage in intentional misconduct or gross negligence in such Grantees’ duties which result in a material loss of the Group; (iii) engage in any gross misconduct; or (iv) engage in any activity which is inimical, contrary or harmful to the interests of the Company. |
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| Arrangement for the Group to provide financial assistance to a grantee to facilitate the purchase of Shares: | None |
The RSUs are subject to the terms and conditions of the 2022 Plan and award agreements applicable to the Grantees. Details of the 2022 Plan are set out in Appendix IV – The 2022 Plan of the circular of the Company dated October 5, 2022.
Each of the grant of RSUs to the Directors forms part of his/her remuneration package under his/ her service contract with the Company. In respect of the three independent Directors, the grant of RSUs is intended to retain and motivate them to continue to provide their advice and judgement to the Board for the Company’s long-term development. The Board does not consider that the grant would affect the independence of the three independent Directors pursuant to Rule 3.13 of the Listing Rules.
Pursuant to Rule 17.04(1) of the Listing Rules, the grant of RSUs to the above Directors has been approved by the Board (including the independent Directors), save that each Director has abstained from voting on the relevant resolutions in relation to the grant of RSUs to himself/herself.
As of the date of this announcement, 2 Shares remained available for future grants under the 2022 Plan in accordance with the terms of the 2022 Plan, of which 2 Shares are available for future grants to the service providers.
| By order of the Board | |
| Baozun Inc. | |
| Mr. Vincent Wenbin Qiu | |
| Chairman |
Hong Kong, May 21, 2026
As at the date of this announcement, our board of directors comprises Mr. Vincent Wenbin Qiu as the chairman, Mr. Junhua Wu, Dr. Jun Wang and Ms. Bin Yu as directors, and Mr. Yiu Pong Chan, Mr. Steve Hsien-Chieng Hsia and Mr. Benjamin Changqing Ye as independent directors.
| * | For identification purpose only |
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