Cheetah Mobile (CMCM) CEO Fu Sheng converts 10,707,950 RSUs into Class B shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cheetah Mobile Inc. reported that Chief Executive Officer Fu Sheng exercised and converted restricted share units into Class B Ordinary Shares. On June 22, 2026, RSUs vested and were converted into 10,707,950 Class B Ordinary Shares held through Sheng Global Limited.
After these transactions, entities wholly owned or controlled by Fu Sheng, including Sheng Global Limited and its interest in FaX Vision Corporation, beneficially own a total of 129,686,978 Class B Ordinary Shares. The filing also notes a separate award of 10,707,950 RSUs scheduled to vest on June 22, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Fu Sheng
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Class B Ordinary Shares | 10,707,950 | $0.00 | -- |
| Exercise | Restricted Share Units | 10,707,950 | $0.00 | -- |
Holdings After Transaction:
Class B Ordinary Shares — 129,686,978 shares (Indirect, See footnote (2));
Restricted Share Units — 10,707,950 shares (Direct, null)
Footnotes (1)
- Class B Ordinary Shares acquired through the vesting of RSUs; Including: (i) 122,386,978 Class B ordinary shares held by Sheng Global Limited, a British Virgin Islands company wholly owned by Fu Sheng, and (ii) 7,300,000 Class B ordinary shares beneficially owned by Sheng Global Limited through FaX Vision Corporation, a British Virgin Islands company controlled by Sheng Global Limited; One RSU represents one Class B Ordinary Share of Cheetah Mobile Inc. (the "Company"); These Restricted Share Units were vested and converted to 10,707,950 Class B Ordinary Shares on June 22, 2026, that held by Sheng Global Limited, a British Virgin Islands company wholly owned by Fu Sheng; 10,707,950 RSUs with vesting date of 2027/6/22.
Key Figures
RSUs converted: 10,707,950 RSUs
Indirect Class B holdings post-transaction: 129,686,978 Class B Ordinary Shares
Sheng Global Limited holdings: 122,386,978 Class B Ordinary Shares
+2 more
5 metrics
RSUs converted
10,707,950 RSUs
Vested and converted on June 22, 2026
Indirect Class B holdings post-transaction
129,686,978 Class B Ordinary Shares
Beneficially owned through Sheng Global Limited and FaX Vision
Sheng Global Limited holdings
122,386,978 Class B Ordinary Shares
Held directly by Sheng Global Limited
FaX Vision Corporation holdings
7,300,000 Class B Ordinary Shares
Beneficially owned through FaX Vision Corporation
Future RSU vesting
10,707,950 RSUs
RSUs with vesting date of June 22, 2027
Key Terms
Restricted Share Units, Class B ordinary shares, beneficially owned, vesting
4 terms
beneficially owned financial
"7,300,000 Class B ordinary shares beneficially owned by Sheng Global Limited through FaX Vision Corporation"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
vesting financial
"10,707,950 RSUs with vesting date of 2027/6/22."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Cheetah Mobile (CMCM) report for Fu Sheng?
Cheetah Mobile reported that CEO Fu Sheng exercised and converted restricted share units into Class B Ordinary Shares. On June 22, 2026, 10,707,950 RSUs vested and became Class B shares held through Sheng Global Limited.
What role do Sheng Global Limited and FaX Vision play in Fu Sheng’s CMCM holdings?
Sheng Global Limited, wholly owned by Fu Sheng, directly holds 122,386,978 Class B shares and controls FaX Vision Corporation. Through FaX Vision, Sheng Global Limited beneficially owns an additional 7,300,000 Class B shares, all reflected in Fu Sheng’s indirect ownership.
Does the Form 4 mention future RSU vesting for Cheetah Mobile’s Fu Sheng?
Yes. The filing notes an award of 10,707,950 restricted share units with a vesting date of June 22, 2027. Each RSU corresponds to one Class B Ordinary Share of Cheetah Mobile, potentially increasing Fu Sheng’s equity exposure when they vest.