Chagee director granted 4,363 RSUs in equity award

Chagee Holdings director ZHANG TAISU received 4,363 RSUs that vest in full on December 15, 2026.

Rhea-AI Filing Summary

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

Chagee Holdings Ltd. (CHA) reported that director ZHANG TAISU received a grant of 4,363 Restricted Stock Units (RSUs) on September 18, 2026 under the Chagee Holdings Limited Public Company Share Incentive Plan. Following this award, Zhang holds 4,363 RSUs directly.

According to the grant terms, the RSUs become fully vested on December 15, 2026, subject to the plan conditions. Each RSU represents a contingent right to receive one Class A ordinary share of Chagee Holdings Ltd., and no Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Grant/Award: 4,363 shares

Grant/Award 1 txn

Insider ZHANG TAISU

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 RSUs held after transaction: 4,363 units Vesting date: December 15, 2026 +1 more

4 metrics

RSUs granted 4,363 units Restricted Stock Units granted to director ZHANG TAISU on September 18, 2026

RSUs held after transaction 4,363 units Direct holdings of RSUs by ZHANG TAISU following the grant

Vesting date December 15, 2026 Date on which the granted RSUs become fully vested, subject to plan terms

Exercise or conversion price $0.00 per unit RSUs granted as equity awards with no cash price per unit stated

Key Terms

Restricted Stock Units, Public Company Share Incentive Plan, Class A ordinary share, contingent right

4 terms

Restricted Stock Units financial

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

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.

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.

contingent right financial

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

FAQ

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

What insider transaction did Chagee Holdings (CHA) report for ZHANG TAISU?

Chagee Holdings reported that director ZHANG TAISU received a grant of 4,363 Restricted Stock Units on September 18, 2026 as an acquisition under the company’s Public Company Share Incentive Plan.

When do the 4,363 RSUs granted to ZHANG TAISU at CHA vest?

The 4,363 RSUs granted to director ZHANG TAISU 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 ZHANG TAISU by CHA represent?

Each Restricted Stock Unit granted to ZHANG TAISU represents a contingent right to receive one Class A ordinary share of Chagee Holdings Ltd., as described in the plan footnote.

How many RSUs does ZHANG TAISU hold in CHA after this transaction?

After the September 18, 2026 grant, director ZHANG TAISU holds 4,363 RSUs directly, as reported in the filing’s post-transaction holdings figure.

Was the CHA RSU grant to ZHANG TAISU made under a Rule 10b5-1 plan?

No. The filing indicates the Rule 10b5-1 checkbox is not marked, and there is no footnote stating the grant was made pursuant to a Rule 10b5-1 trading plan.

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

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Available on EDGAR 09/18/2026 - 04:06 PM Accepted by SEC EDGAR 09/18/2026 - 04:05 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^*

ZHANG TAISU

(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)
09/18/2026

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)	09/18/2026		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/ Taisu Zhang	09/18/2026
	** 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 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)