Chagee COO exercises options for 80,427 ADSs
Chagee Holdings Ltd. director and Chief Operating Officer Yin Dengfeng exercised employee stock options to acquire 80,427 American Depositary Shares (ADSs) at an exercise price of $3.7614 per ADS.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Chagee Holdings Ltd. director and Chief Operating Officer Yin Dengfeng exercised employee stock options to acquire 80,427 American Depositary Shares (ADSs) at an exercise price of $3.7614 per ADS. Following this transaction, he directly holds 347,653 ADSs, including the newly acquired shares.
Through TeaTide Limited, an entity linked to a family trust structure, he is also indirectly associated with 4,000,000 ADSs and 7,522,236 Class A ordinary shares. After the exercise, options covering 160,854 Class A ordinary shares remain outstanding, with 80,427 shares scheduled to vest on March 1, 2027 and another 80,427 shares on March 1, 2028.
Insider Trade Summary
80,427 shares exercised/converted
Exercise
2 txns
Insider
Yin Dengfeng
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Options (Right to buy) | 80,427 | $0.00 | $0.00 |
| Exercise | American Depositary Shares | 80,427 | $3.7614 | $303K |
| Holding | American Depositary Shares | -- | -- | -- |
| Holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Employee Stock Options (Right to buy) — 160,854 contracts (Direct);
American Depositary Shares — 347,653 shares (Direct);
American Depositary Shares — 4,000,000 shares (Indirect, By TeaTide Limited);
Class A Ordinary Shares — 7,522,236 shares (Indirect, By TeaTide Limited)
Footnotes (4)
- F1. Represents (i) 267,226 ADSs directly held by Mr. Dengfeng Yin, (ii) 80,427 ADSs acquired through the exercise of options held directly by Mr. Dengfeng Yin, (iii)4,000,000 ADSs held by TeaTide Limited, and (iv) 7,522,236 Class A ordinary shares held by TeaTide Limited. TeaTide Limited is controlled by Starry Ocean Wisdom Limited, which in turn is wholly owned by Starry Ocean Development Limited, all of which are companies organized and existing under the laws of British Virgin Islands.
- F2. Starry Ocean Development Limited is controlled by Starry Ocean Trust, a trust established under the laws of Cayman Islands and managed by Trident Trust Company (Cayman) Limited as the trustee. Mr. Dengfeng Yin is the settler and protector of the trust, and he and his family members are the trust's beneficiaries. Under the terms of the trust, Mr. Dengfeng Yin retains the investment power with respect to the assets of the trust. TeaTide Limited has entered into certain irrevocable proxy and power of attorney arrangements in favor of Mr. Junjie Zhang, through which Mr. Junjie Zhang exercises voting power over all Class A ordinary shares held by TeaTide Limited.
- F3. 80,427 ordinary shares are converted into 80,427 ADSs directly following the exercise of such Employee Stock Options.
- F4. Represents an option to purchase 160,854 Class A Ordinary Shares, with 80,427 Class A Ordinary Shares subject to the option vesting on March 1, 2027 and March 1, 2028, respectively.
Key Figures
ADSs acquired via option exercise: 80,427 ADSs
Exercise price per ADS: $3.7614 per ADS
Direct ADS holdings after transaction: 347,653 ADSs
+4 more
7 metrics
ADSs acquired via option exercise
80,427 ADSs
Employee stock options exercised on June 24, 2026 at $3.7614
Exercise price per ADS
$3.7614 per ADS
Exercise or conversion price for 80,427 ADSs
Direct ADS holdings after transaction
347,653 ADSs
Total ADSs directly held by Yin Dengfeng following the exercise
Indirect ADS holdings via TeaTide
4,000,000 ADSs
ADSs held by TeaTide Limited associated with Yin Dengfeng
Indirect Class A ordinary shares via TeaTide
7,522,236 shares
Class A ordinary shares held by TeaTide Limited
Remaining option grant size
160,854 shares
Class A ordinary shares underlying options after exercise
Future vesting tranches
80,427 shares each
Option tranches vesting on March 1, 2027 and March 1, 2028
Key Terms
American Depositary Shares, Employee Stock Options, exercise or conversion of derivative security, trust, +1 more
5 terms
Employee Stock Options financial
"Employee Stock Options (Right to buy)"
Employee stock options are contracts that give workers the right to buy a company's shares at a set price sometime in the future, like a coupon that lets you purchase stock at today’s price later on. Investors care because they align employees’ incentives with company performance and create a potential future claim on shares that can reduce existing owners’ percentage and add to a company’s reported compensation costs.
exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
trust financial
"Starry Ocean Trust, a trust established under the laws of Cayman Islands..."
A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.
irrevocable proxy and power of attorney financial
"TeaTide Limited has entered into certain irrevocable proxy and power of attorney arrangements in favor of Mr. Junjie Zhang..."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Chagee (CHA) insider Yin Dengfeng do in this Form 4?
Yin Dengfeng exercised employee stock options to acquire 80,427 American Depositary Shares at an exercise price of $3.7614 per ADS. This increased his direct ADS holdings to 347,653, reflecting a routine conversion of options into equity rather than an open-market purchase.
How many Chagee (CHA) ADSs does Yin Dengfeng own directly after this filing?
After the reported transactions, Yin Dengfeng directly holds 347,653 American Depositary Shares of Chagee Holdings Ltd. This total includes 80,427 ADSs received from exercising employee stock options, alongside 267,226 ADSs he already held directly before the option exercise.
What indirect Chagee (CHA) holdings are associated with TeaTide Limited?
TeaTide Limited holds 4,000,000 American Depositary Shares and 7,522,236 Class A ordinary shares of Chagee. TeaTide is controlled through a trust structure in which Yin Dengfeng is settlor and protector, and he retains investment power over the trust’s assets under its terms.
What stock options does Yin Dengfeng still hold in Chagee (CHA)?
He holds an option to purchase 160,854 Class A ordinary shares after the reported exercise. These options vest in two equal tranches of 80,427 shares each, scheduled to vest on March 1, 2027 and March 1, 2028, providing future potential equity exposure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
