STOCK TITAN

Baozun (BZUN) Chief Strategy Officer adds 18,500 ADS in open-market purchase

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Baozun Inc. director and Chief Strategy Officer Wu Junhua purchased 18,500 American Depositary Shares in an open-market transaction at a price of $2.84 per ADS on June 17, 2026. This is a direct ownership transaction, not through an intermediary entity.

Following this purchase, Wu directly owns a total of 224,770 American Depositary Shares, as noted in the filing footnote. The transaction represents a net increase in his holdings, with no sales, option exercises, or derivative positions reported in this filing.

Positive

  • None.

Negative

  • None.
Insider Wu Junhua
Role Chief Strategy Officer
Bought 18,500 shs ($53K)
Type Security Shares Price Value
Purchase American Depositary Shares 18,500 $2.84 $53K
Holdings After Transaction: American Depositary Shares — 224,770 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares purchased 18,500 ADS Open-market purchase on June 17, 2026
Purchase price $2.84 per ADS Transaction price for American Depositary Shares
Total holdings after transaction 224,770 ADS Directly owned by Wu Junhua following purchase
Net buy shares 18,500 ADS transactionSummary netBuySellShares marked as net-buy
Transaction code P Purchase in open market or private transaction
American Depositary Shares financial
"Security title is listed as American Depositary Shares for the transaction"
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
open-market purchase financial
"transaction_action is described as an open-market purchase of ADS"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Form 4 regulatory
"The transaction is reported as a Form 4 insider filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code P regulatory
"Transaction code is P, defined as Purchase in open market or private transaction"
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SEC Form 4
FORM 4UNITED 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*
Wu Junhua

(Last)(First)(Middle)
NO. 1-9, LANE 510, WEST JIANGCHANG ROAD

(Street)
SHANGHAIF4200346

(City)(State)(Zip)

CHINA

(Country)
2. Issuer Name and Ticker or Trading Symbol
Baozun Inc. [ BZUN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Strategy Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
American Depositary Shares06/17/2026P18,500A$2.84224,770(1)D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents all American Depositary Shares directly owned by the reporting person following the transaction(s) reported under this Form 4.
/s/ Junhua Wu06/22/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Baozun (BZUN) report for Wu Junhua?

Baozun reported that director and Chief Strategy Officer Wu Junhua bought 18,500 American Depositary Shares in an open-market transaction. The shares were purchased at a price of $2.84 per ADS on June 17, 2026, increasing his directly held position.

How many Baozun (BZUN) shares does Wu Junhua own after this Form 4?

After the reported transaction, Wu Junhua directly owns 224,770 American Depositary Shares of Baozun. A footnote clarifies that this figure represents all ADSs directly owned by him following the June 17, 2026 open-market purchase disclosed in the Form 4 filing.

Was the Baozun (BZUN) insider transaction a buy or a sell?

The transaction was a buy. Wu Junhua executed an open-market purchase of 18,500 American Depositary Shares. The Form 4 classifies the code as “P” for purchase, with the transaction_direction field indicating a buy and no sales or disposals reported in this filing.

At what price did Wu Junhua buy Baozun (BZUN) American Depositary Shares?

Wu Junhua bought the American Depositary Shares at $2.84 per ADS. This price is reported as the transaction price per share for the 18,500 ADS acquired on June 17, 2026, in an open-market purchase categorized under transaction code “P” in the Form 4.

Does the Baozun (BZUN) Form 4 show any derivative or option activity for Wu Junhua?

No derivative or option activity is shown for this filing. The transaction involves only non-derivative American Depositary Shares, and the derivativeSummary section is empty, indicating no option exercises, conversions, or other derivative-related transactions were reported for this event.