FinVolution CEO granted options and RSUs

FinVolution Group director and Chief Executive Officer Tiezheng Li reported mainly compensation-related equity activity.

Rhea-AI Filing Summary

FinVolution Group director and Chief Executive Officer Tiezheng Li reported mainly compensation-related equity activity. On April 10, 2026 he received a stock option covering 1,286,150 Class A ordinary shares at an exercise price of $0.794 per share. On April 8, 2026, 102,825 restricted share units vested and were converted into the same number of Class A ordinary shares.

To cover tax withholding obligations tied to this RSU vesting, 48,195 Class A ordinary shares were disposed of at $1.01 per share in a sell‑to‑cover transaction. Following these transactions, Mr. Li holds 4,248,370 Class A ordinary shares directly and 7,719,350 Class A ordinary shares indirectly through Happyariel Holding Limited. The Class A ordinary shares are held in the form of American depositary shares, each representing five Class A ordinary shares.

Insider Trade Summary

102,825 shares exercised/converted

Exercise 6 txns

Insider Li Tiezheng

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (right to buy)	1,286,150	$0.00	$0.00
holding	Class A Ordinary Shares	--	--	--
Exercise Price or Tax Liability	Class A Ordinary Shares	48,195	$1.01	$49K
Grant/Award	Restricted Share Units	102,825	$0.00	$0.00
Exercise	Restricted Share Units	102,825	$0.00	$0.00
Exercise	Class A Ordinary Shares	102,825	$0.00	$0.00

Holdings After Transaction: Restricted Share Units — 1,286,150 contracts (Direct); Stock Option (right to buy) — 2,572,300 contracts (Direct); Class A Ordinary Shares — 4,248,370 shares (Direct); Class A Ordinary Shares — 7,719,350 shares (Indirect, Happyariel Holding Limited)

Footnotes (6)

1. F1. The Class A ordinary shares are held in the form of American depositary shares. Each American depositary share represents five Class A ordinary shares.
2. F2. Represents Class A ordinary shares acquired upon the vesting of restricted share units (RSUs) on April 8, 2026.
3. F3. The shares were sold in a "sell-to-cover" transaction to cover tax withholding obligations in connection with the vesting and settlement of the RSUs.
4. F4. Happyariel Holding Limited is beneficially owned by Mr. Tiezheng Li through a trust, of which Mr. Tiezheng Li is the settlor and Mr. Tiezheng Li and his family members are the beneficiaries. Mr. Tiezheng Li is the sole director of Happyariel Holding Limited.
5. F5. Each RSU represents a contingent right to receive, when vested, one Class A ordinary share.
6. F6. The RSUs vested on April 8, 2026 and have no expiration date.

Key Figures

Stock option grant size: 1,286,150 shares Option exercise price: $0.794/share RSUs vested: 102,825 units +5 more

8 metrics

Stock option grant size 1,286,150 shares Class A ordinary shares under option granted April 10, 2026

Option exercise price $0.794/share Exercise price for 1,286,150-share stock option

RSUs vested 102,825 units Restricted share units vesting into Class A ordinary shares on April 8, 2026

Tax sell-to-cover shares 48,195 shares Class A ordinary shares disposed at $1.01 to cover tax withholding

Tax sell price $1.01/share Price per share for 48,195-share tax-withholding disposition

Direct holdings after transactions 4,248,370 shares Class A ordinary shares held directly by Tiezheng Li after reported activity

Indirect holdings via Happyariel 7,719,350 shares Class A ordinary shares held indirectly through Happyariel Holding Limited

ADS to share ratio 1 ADS = 5 shares Each American depositary share represents five Class A ordinary shares

Key Terms

Restricted Share Units, sell-to-cover, American depositary shares, tax withholding obligations, +1 more

5 terms

Restricted Share Units financial

"Represents Class A ordinary shares acquired upon the vesting of restricted share units (RSUs) on April 8, 2026."

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

sell-to-cover financial

"The shares were sold in a "sell-to-cover" transaction to cover tax withholding obligations in connection with the vesting and settlement of the RSUs."

Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.

American depositary shares financial

"The Class A ordinary shares are held in the form of American depositary shares."

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

tax withholding obligations financial

"The shares were sold in a "sell-to-cover" transaction to cover tax withholding obligations in connection with the vesting and settlement of the RSUs."

contingent right financial

"Each RSU represents a contingent right to receive, when vested, one Class A ordinary share."

FAQ

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

What did FinVolution (FINV) CEO Tiezheng Li receive in this Form 4 filing?

FinVolution CEO Tiezheng Li received a stock option and RSU-based shares. He was granted an option for 1,286,150 Class A ordinary shares at a $0.794 exercise price, and 102,825 restricted share units vested into the same number of Class A ordinary shares.

How many FinVolution shares did the CEO dispose of to cover taxes?

The CEO disposed of 48,195 Class A ordinary shares to cover tax obligations. These shares were sold in a sell-to-cover transaction at $1.01 per share, tied to the vesting and settlement of 102,825 restricted share units granted as equity compensation.

What are Tiezheng Li’s direct share holdings in FinVolution after these transactions?

After the reported transactions, Tiezheng Li directly holds 4,248,370 Class A ordinary shares. This total reflects the RSU conversion adding 102,825 shares and the 48,195-share sell-to-cover disposition, as disclosed in the post-transaction ownership figures in the filing.

How many FinVolution shares does the CEO hold indirectly through Happyariel Holding Limited?

The CEO indirectly holds 7,719,350 Class A ordinary shares through Happyariel Holding Limited. This entity is beneficially owned by him through a trust, where he is settlor and sole director, and he and his family members are the beneficiaries of the trust structure.

How do FinVolution’s American depositary shares relate to Class A ordinary shares?

FinVolution’s Class A ordinary shares are held as American depositary shares (ADSs). Each ADS represents five Class A ordinary shares, meaning investors trading the ADSs are effectively dealing in bundled units of the underlying Class A ordinary share capital.

What is the nature of the stock option granted to FinVolution’s CEO?

The stock option grants the CEO the right to buy 1,286,150 Class A ordinary shares at $0.794 per share. It was awarded on April 10, 2026 and is scheduled to expire on April 9, 2028, according to the derivative transaction details disclosed.

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

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Accepted by SEC EDGAR 04/10/2026 - 07:23 AM 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 Tiezheng

(Last) (First) (Middle)

BUILDING G1, 999 DANGUI ROAD

(Street)

SHANGHAI 201203

(City) (State) (Zip)

CHINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
FinVolution Group [ FINV ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026

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
Class A Ordinary Shares(1)	04/08/2026		M		102,825(2)	A	$0.00	4,296,565	D
Class A Ordinary Shares(1)	04/09/2026		F		48,195(3)	D	$1.01	4,248,370	D
Class A Ordinary Shares(1)								7,719,350	I	Happyariel Holding Limited(4)

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
Restricted Share Units	(5)	04/08/2026		A		102,825		(6)	(6)	Class A ordinary shares	102,825	$0	1,388,975	D
Restricted Share Units	(5)	04/08/2026		M			102,825	(6)	(6)	Class A ordinary shares	102,825	$0	1,286,150	D
Stock Option (right to buy)	$0.794	04/10/2026		A		1,286,150		04/10/2026	04/09/2028	Class A ordinary shares	1,286,150	$0	2,572,300	D

Explanation of Responses:

1. The Class A ordinary shares are held in the form of American depositary shares. Each American depositary share represents five Class A ordinary shares.

2. Represents Class A ordinary shares acquired upon the vesting of restricted share units (RSUs) on April 8, 2026.

3. The shares were sold in a "sell-to-cover" transaction to cover tax withholding obligations in connection with the vesting and settlement of the RSUs.

4. Happyariel Holding Limited is beneficially owned by Mr. Tiezheng Li through a trust, of which Mr. Tiezheng Li is the settlor and Mr. Tiezheng Li and his family members are the beneficiaries. Mr. Tiezheng Li is the sole director of Happyariel Holding Limited.

5. Each RSU represents a contingent right to receive, when vested, one Class A ordinary share.

6. The RSUs vested on April 8, 2026 and have no expiration date.

	/s/ Tiezheng Li	04/10/2026
	** 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)