Dingdong (Cayman) Ltd (NYSE: DDL) director lists ADS option grants

Rhea-AI Filing Summary

Dingdong (Cayman) Ltd director Leung Wai Lap Philip filed an initial ownership report showing two option awards over American depositary shares. One option covers 4,300 ADS at an exercise price of $0.0000 and another covers 4,300 ADS at $6.9834, both expiring on December 31, 2031.

Each American depositary share represents an interest in the company’s Class A ordinary shares according to the stated ADS ratio.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Leung Wai Lap Philip

Role Director

Type	Security	Shares	Price	Value
holding	Option to Buy	--	--	--
holding	Option to Buy	--	--	--

Holdings After Transaction: Option to Buy — 4,300 shares (Direct)

Footnotes (1)

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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

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1. Name and Address of Reporting Person^*

Leung Wai Lap Philip

(Last) (First) (Middle)

HOUSE 27, LIDO VILLAS, 428 GAO JING ROAD

QINGPU

(Street)

SHANGHAI CHINA 201702

(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
Dingdong (Cayman) Ltd [ DDL ]

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)

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

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)

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
Option to Buy	06/29/2024	12/31/2031	American depositary shares(1)	4,300	$0	D
Option to Buy	06/29/2023	12/31/2031	American depositary shares(1)	4,300	$6.9834	D

Explanation of Responses:

1. Each American depositary shares (two American depositary shares representing three Class A ordinary share, par value US$0.000002 per share)

	/s/ Leung Wai Lap Philip	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 does Dingdong (Cayman) Ltd (DDL) director Leung Wai Lap Philip report on this Form 3?

The Form 3 shows Leung Wai Lap Philip’s initial beneficial ownership in Dingdong through two option awards over American depositary shares. It records existing derivative positions rather than new market trades, giving a snapshot of his equity-linked compensation with the company.

What option grants are reported by Leung Wai Lap Philip in Dingdong (DDL)?

He reports two “Option to Buy” positions, each tied to 4,300 underlying American depositary shares. One option has a zero-dollar exercise price, and the other has a $6.9834 exercise price, both with the same expiration date of December 31, 2031, held directly.

Are there any share purchases or sales disclosed for Dingdong (DDL) in this Form 3?

No purchases or sales are disclosed. The Form 3 records holdings only, with two option positions and zero transactions classified as buys, sells, exercises, gifts, or tax withholdings, indicating the filing is an initial ownership statement rather than a trading report.

What are the exercise prices and expiration dates of the Dingdong (DDL) options?

One option over 4,300 American depositary shares has an exercise price of $0.0000, and another over 4,300 shares has an exercise price of $6.9834. Both option awards share the same stated expiration date of December 31, 2031 for these derivative positions.

How do Dingdong (DDL) American depositary shares relate to Class A ordinary shares?

The footnote explains the ADS structure: two American depositary shares represent three Class A ordinary shares, each with a par value of US$0.000002. This ratio links the options’ underlying ADS to the company’s ordinary share capital in its Cayman holding structure.