Chagee director granted 4,363 RSUs in award

Director Li Yifan received 4,363 RSUs in a new equity grant that vests in December 2026.

Rhea-AI Filing Summary

Chagee Holdings Ltd. (symbol: CHA) is the issuer of record for a Form 4 filing submitted to the SEC. Li Yifan (Frank) reported acquisition or exercise transactions in this Form 4 filing.

Chagee Holdings Ltd. (CHA) reported that director Li Yifan (Frank) received a grant of 4,363 Restricted Stock Units (RSUs) on September 22, 2026. The RSUs were granted at $0.00 per unit under the Chagee Holdings Limited Public Company Share Incentive Plan and will fully vest on December 15, 2026. After this grant, Li holds 4,363 RSUs, each representing a contingent right to receive one Class A ordinary share.

Insider Trade Summary

Grant/Award: 4,363 shares

Grant/Award 1 txn

Insider Li Yifan (Frank)

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units F1	4,363	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 4,363 shares (Direct)

Footnotes (1)

1. F1. Represents restricted stock units ("RSUs") granted pursuant to the Chagee Holdings Limited Public Company Share Incentive Plan (the "Plan"). Subject to the terms of the Plan, the RSUs become fully vested on December 15, 2026. Each RSU represents a contingent right to receive one Class A ordinary share.

Key Figures

RSUs granted: 4,363 units Grant price per RSU: $0.00 per unit RSUs held after transaction: 4,363 units +2 more

5 metrics

RSUs granted 4,363 units Restricted Stock Units granted to director on September 22, 2026

Grant price per RSU $0.00 per unit Equity award under the share incentive plan

RSUs held after transaction 4,363 units Director’s direct holdings of Restricted Stock Units after the grant

Vesting date December 15, 2026 Date when all granted RSUs become fully vested

Underlying shares per RSU 1 Class A ordinary share Each RSU represents a contingent right to receive one share

Key Terms

Restricted Stock Units, Chagee Holdings Limited Public Company Share Incentive Plan, Class A ordinary share

3 terms

Restricted Stock Units financial

"Represents restricted stock units ("RSUs") granted pursuant to the"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Chagee Holdings Limited Public Company Share Incentive Plan financial

"granted pursuant to the Chagee Holdings Limited Public Company Share Incentive Plan"

Class A ordinary share financial

"Each RSU represents a contingent right to receive one Class A ordinary share"

A Class A ordinary share is a type of common stock a company issues that carries a specific set of rights—most often particular voting power, dividend terms, or transfer rules—distinct from other share classes. For investors it matters because those rights affect control over company decisions, how income is paid out, and how easy shares are to buy or sell; think of it like a tiered ticket that gives different access and influence at the same event.

FAQ

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

What insider transaction did Chagee Holdings Ltd. (CHA) report for Li Yifan?

Chagee Holdings Ltd. reported that director Li Yifan (Frank) received a grant of 4,363 Restricted Stock Units on September 22, 2026, as an equity award under the company’s share incentive plan.

How many RSUs were granted to the Chagee (CHA) director and at what price?

Director Li Yifan was granted 4,363 Restricted Stock Units at a reported price of $0.00 per unit. These units are part of an equity award rather than a market purchase.

When do the newly granted RSUs for Chagee (CHA) director Li Yifan vest?

The 4,363 RSUs granted to director Li Yifan become fully vested on December 15, 2026, subject to the terms of the Chagee Holdings Limited Public Company Share Incentive Plan.

What does each RSU granted to the Chagee (CHA) director represent?

Each Restricted Stock Unit granted to director Li Yifan represents a contingent right to receive one Class A ordinary share of Chagee Holdings Ltd., subject to vesting conditions under the company’s share incentive plan.

How many RSUs does the Chagee (CHA) director hold after this transaction?

Following this grant, director Li Yifan holds 4,363 Restricted Stock Units directly, as reported in the filing.

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

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Available on EDGAR 09/22/2026 - 04:09 PM Accepted by SEC EDGAR 09/22/2026 - 04:08 PM Learn about SEC filing dates

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^*

Li Yifan (Frank)

(Last) (First) (Middle)

TOWER B, HONGQIAO LIANHE BUILDING

NO. 99 KAIHONG ROAD, CHANGNING DISTRICT

(Street)

SHANGHAI SHANGHAI 200051

(City) (State) (Zip)

CHINA

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/22/2026

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
Restricted Stock Units(1)	09/22/2026		A		4,363	A	$0	4,363	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. Represents restricted stock units ("RSUs") granted pursuant to the Chagee Holdings Limited Public Company Share Incentive Plan (the "Plan"). Subject to the terms of the Plan, the RSUs become fully vested on December 15, 2026. Each RSU represents a contingent right to receive one Class A ordinary share.

	/s/ Yifan Li	09/22/2026
	** 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)