Chagee Holdings (NYSE: CHA) CFO details initial share and option stakes

Rhea-AI Filing Summary

Chagee Holdings Ltd. Chief Financial Officer Hongfei Huang filed an initial ownership report showing his equity interests in the company. He holds employee stock options covering 1,013,195 Class A Ordinary Shares at an exercise price of 3.7614 per share, expiring on October 10, 2034. These options vest in tranches: 253,298 shares on October 10, 2025 and 253,299 shares on each of October 10, 2026, October 10, 2027, and October 10, 2028.

He also has 38,360 Restricted Stock Units, with 9,590 Class A Ordinary Shares scheduled to vest on each anniversary commencing from June 15, 2026. Indirectly, 200,000 Class A Ordinary Shares are held through Golden Magnificence Investment Limited, a British Virgin Islands entity ultimately controlled by a trust for which he retains investment power. Additionally, 16,000 American Depositary Shares are held by his spouse, with each ADS representing one Class A Ordinary Share. The filing reflects holdings only and does not report new purchases or sales.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider HUANG HONGFEI

Role Chief Financial Officer

Type	Security	Shares	Price	Value
holding	Employee Stock Options (Right to buy)	--	--	--
holding	Class A Ordinary Shares	--	--	--
holding	American Depositary Shares	--	--	--
holding	Restricted Stock Unit	--	--	--

Holdings After Transaction: Employee Stock Options (Right to buy) — 1,013,195 shares (Direct); Class A Ordinary Shares — 200,000 shares (Indirect, By Golden Magnificence Investment Limited); American Depositary Shares — 16,000 shares (Indirect, By Spouse); Restricted Stock Unit — 38,360 shares (Direct)

Footnotes (1)

1. Golden Magnificence Investment Limited, a company organized and existing under the laws of British Virgin Islands controlled by Golden Wings Investment Limited, which in turn is controlled by Lu Golden Wings Trust, a trust managed by Vista Trust (Singapore) Pte. Limited as trustee. Under the terms of the trust, Mr. Hongfei Huang retains the investment power with respect to the assets of the trust. Each American Depositary Share ("ADS") represents one Class A Ordinary Share. 38,360 Class A Ordinary Shares subject to the restricted stock unit will vest on each anniversary commencing from June 15, 2026 with 9,590 Class A Ordinary Shares vest on each anniversary. Represents an option to purchase 1,013,195 Class A Ordinary Shares, with 253,298 Class A Ordinary Shares subject to the option vesting on October 10, 2025, and 253,299 Class A Ordinary Shares subject to the option vesting on October 10, 2026, October 10, 2027, and October 10, 2028, respectively.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

HUANG HONGFEI

(Last) (First) (Middle)

TOWER B, HONGQIAO LIANHE BUILDING

NO. 99 KAIHONG ROAD, CHANGNING DISTRICT

(Street)

SHANGHAI SHANGHAI 200051

(City) (State) (Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Chagee Holdings Ltd. [ CHA ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

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

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

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Ordinary Shares	200,000	I	By Golden Magnificence Investment Limited(1)
American Depositary Shares(2)	16,000	I	By Spouse
Restricted Stock Unit(3)	38,360	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Options (Right to buy)	(4)	10/10/2034	Class A Ordinary Shares	1,013,195(4)	$3.7614	D

Explanation of Responses:

1. Golden Magnificence Investment Limited, a company organized and existing under the laws of British Virgin Islands controlled by Golden Wings Investment Limited, which in turn is controlled by Lu Golden Wings Trust, a trust managed by Vista Trust (Singapore) Pte. Limited as trustee. Under the terms of the trust, Mr. Hongfei Huang retains the investment power with respect to the assets of the trust.

2. Each American Depositary Share ("ADS") represents one Class A Ordinary Share.

3. 38,360 Class A Ordinary Shares subject to the restricted stock unit will vest on each anniversary commencing from June 15, 2026 with 9,590 Class A Ordinary Shares vest on each anniversary.

4. Represents an option to purchase 1,013,195 Class A Ordinary Shares, with 253,298 Class A Ordinary Shares subject to the option vesting on October 10, 2025, and 253,299 Class A Ordinary Shares subject to the option vesting on October 10, 2026, October 10, 2027, and October 10, 2028, respectively.

	/s/ Hongfei Huang	03/18/2026
	** 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 5 (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 3: SEC 1473 (03-26)

FAQ

What equity does Chagee (CHA) CFO Hongfei Huang hold through stock options?

The CFO holds employee stock options over 1,013,195 Class A Ordinary Shares at an exercise price of 3.7614 per share. These options vest annually from October 10, 2025 through October 10, 2028, and expire on October 10, 2034.

How many restricted stock units does the Chagee (CHA) CFO report?

He reports 38,360 Restricted Stock Units linked to Class A Ordinary Shares. According to the filing, 9,590 Class A Ordinary Shares will vest on each anniversary commencing from June 15, 2026, providing a staggered equity-based compensation schedule over multiple years.

What indirect shareholding does Chagee (CHA) CFO have via Golden Magnificence Investment Limited?

The CFO has an indirect interest in 200,000 Class A Ordinary Shares held by Golden Magnificence Investment Limited. This British Virgin Islands company is ultimately controlled by a trust where he retains investment power over the trust’s assets, as described in the footnote.

How many Chagee (CHA) American Depositary Shares are held by the CFO’s spouse?

The filing reports 16,000 American Depositary Shares held by the CFO’s spouse. Each ADS represents one Class A Ordinary Share, so this position corresponds economically to 16,000 Class A Ordinary Shares held indirectly through a family member.

Does the Chagee (CHA) Form 3 show any insider share purchases or sales?

No, the Form 3 only reports existing holdings and awards, including options, restricted stock units, indirect trust holdings, and ADS held by his spouse. The transaction summary shows no buy or sell transactions, indicating this is an initial ownership disclosure.

What is the vesting schedule of the Chagee (CHA) CFO’s stock options?

Options over 1,013,195 Class A Ordinary Shares vest in four tranches: 253,298 shares on October 10, 2025 and 253,299 shares on each of October 10, 2026, October 10, 2027, and October 10, 2028, subject to continued service.