Cheche Group grants CEO Lei Zhang 250K shares

The 250,000-share award was fully vested on the grant date and required no vesting conditions or exercise.

Available on EDGAR 11/04/2026 - 04:06 PM EST Accepted by SEC EDGAR 11/04/2026 - 04:05 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Cheche Group Inc. (CCG) granted and issued 250,000 Class B ordinary shares directly to CEO, director and 10% owner Lei Zhang on November 3, 2026, under its 2026 Equity Incentive Plan and a Class B Ordinary Share Award and Subscription Agreement. The shares were fully vested on the grant date, with no vesting conditions or exercise requirement; the aggregate subscription price was US$87.50, equal to the shares’ US$0.00035 par value. Lei Zhang’s reported direct position after the award was 781,329 Class B ordinary shares. The position reflects 531,329 previously held shares adjusted in the 35-for-1 consolidation effective July 20, 2026.

Insider Trade Summary

Grant/Award: 250,000 shares

Grant/Award 1 txn

Insider Zhang Lei

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Class B Ordinary Shares F1, F2	250,000	$0.0004	$100.00

Holdings After Transaction: Class B Ordinary Shares — 781,329 shares (Direct)

Footnotes (2)

1. F1. On November 3, 2026, Cheche Group Inc. (the "Company") granted and issued directly to Zhang Lei 250,000 Class B ordinary shares, par value US$0.00035 per share, pursuant to the Company's 2026 Equity Incentive Plan and a Class B Ordinary Share Award and Subscription Agreement dated November 3, 2026. The shares were fully vested on the grant date, with no vesting conditions or exercise requirement. The aggregate subscription price was US$87.50, equal to the par value of the shares.
2. F2. Reflects the 531,329 Class B ordinary shares issued to the Reporting Person following the adjustment of the Reporting Person's previously held Class B ordinary shares in connection with the Issuer's 35-for-1 share consolidation, which became effective on July 20, 2026.

Key Figures

Awarded Class B ordinary shares: 250,000 shares Aggregate subscription price: US$87.50 Par value: US$0.00035 per share +3 more

6 metrics

Awarded Class B ordinary shares 250,000 shares Granted and issued directly to Lei Zhang on November 3, 2026

Aggregate subscription price US$87.50 Equal to the par value of the shares

Par value US$0.00035 per share Class B ordinary shares

Direct position after award 781,329 shares Class B ordinary shares

Previously held shares adjusted 531,329 shares Adjusted in connection with the 35-for-1 share consolidation effective July 20, 2026

Share consolidation ratio 35-for-1 Effective July 20, 2026

Key Terms

Class B ordinary shares, 2026 Equity Incentive Plan, par value, share consolidation

4 terms

Class B ordinary shares technical

"250,000 Class B ordinary shares"

Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.

2026 Equity Incentive Plan technical

"pursuant to the Company's 2026 Equity Incentive Plan"

par value financial

"equal to the par value of the shares"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

share consolidation technical

"in connection with the Issuer's 35-for-1 share consolidation"

Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.

FAQ

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

How many CCG shares did Lei Zhang receive?

Lei Zhang received 250,000 Class B ordinary shares on November 3, 2026. They were fully vested on the grant date under the 2026 Equity Incentive Plan, and the aggregate subscription price was US$87.50.

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

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SEC Form 4

FORM 4

UNITED 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^*

Zhang Lei

(Last) (First) (Middle)

8/F, DESHENG HOPSON FORTUNE PLAZA, 13-1

DESHENGMENWAI AVENUE, XICHENG DISTRICT

(Street)

BEIJING 100088

(City) (State) (Zip)

CHINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Cheche Group Inc. [ CCG ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/03/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class B Ordinary Shares	11/03/2026		A		250,000(1)	A	$0.0004(1)	781,329(2)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On November 3, 2026, Cheche Group Inc. (the "Company") granted and issued directly to Zhang Lei 250,000 Class B ordinary shares, par value US$0.00035 per share, pursuant to the Company's 2026 Equity Incentive Plan and a Class B Ordinary Share Award and Subscription Agreement dated November 3, 2026. The shares were fully vested on the grant date, with no vesting conditions or exercise requirement. The aggregate subscription price was US$87.50, equal to the par value of the shares.

2. Reflects the 531,329 Class B ordinary shares issued to the Reporting Person following the adjustment of the Reporting Person's previously held Class B ordinary shares in connection with the Issuer's 35-for-1 share consolidation, which became effective on July 20, 2026.

	/s/ Zhang Lei	11/04/2026
	** 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 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)