FinVolution leader vests 1.29M RSUs, sells for tax

FinVolution Group President and CCO Chen Pingping received a grant of 1,291,500 restricted share units (RSUs) on April 3, 2026.

Rhea-AI Filing Summary

FinVolution Group President and CCO Chen Pingping received a grant of 1,291,500 restricted share units (RSUs) on April 3, 2026. These RSUs immediately vested and were exercised into 1,291,500 Class A ordinary shares, increasing Chen’s direct Class A holdings to 6,830,715 shares.

On April 6, 2026, 586,110 Class A ordinary shares, held in the form of American depositary shares, were sold in a “sell-to-cover” transaction at $1.01 per share to satisfy tax withholding obligations related to the RSU vesting. After this tax-withholding disposition, Chen directly holds 6,244,605 Class A ordinary shares.

Insider Trade Summary

1,291,500 shares exercised/converted

Exercise 4 txns

Insider Chen Pingping

Role President and CCO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class A Ordinary Shares	586,110	$1.01	$592K
Grant/Award	Restricted Share Units	1,291,500	$0.00	$0.00
Exercise	Restricted Share Units	1,291,500	$0.00	$0.00
Exercise	Class A Ordinary Shares	1,291,500	$0.00	$0.00

Holdings After Transaction: Restricted Share Units — 0 contracts (Direct); Class A Ordinary Shares — 6,244,605 shares (Direct)

Footnotes (5)

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 3, 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. Each RSU represents a contingent right to receive, when vested, one Class A ordinary share.
5. F5. The RSUs vested on April 3, 2026 and have no expiration date.

Key Figures

RSUs granted and vested: 1,291,500 units Shares issued from RSUs: 1,291,500 shares Sell-to-cover shares: 586,110 shares +3 more

6 metrics

RSUs granted and vested 1,291,500 units Restricted share units vested on April 3, 2026

Shares issued from RSUs 1,291,500 shares Class A ordinary shares acquired from RSU exercise

Sell-to-cover shares 586,110 shares Class A ordinary shares sold to cover tax withholding

Sell-to-cover price $1.01 per share Price for tax-withholding disposition on April 6, 2026

Holdings after RSU exercise 6,830,715 shares Class A ordinary shares directly held after April 3, 2026 exercise

Holdings after tax sale 6,244,605 shares Class A ordinary shares directly held after April 6, 2026 sell-to-cover

Key Terms

Restricted Share Units, sell-to-cover, American depositary shares, Class A Ordinary Shares, +1 more

5 terms

Restricted Share Units financial

"Represents Class A ordinary shares acquired upon the vesting of restricted share units (RSUs) on April 3, 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.

Class A Ordinary Shares financial

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

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

Exercise or conversion of derivative security financial

"Exercise or conversion of derivative security"

FAQ

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

What insider transactions did FinVolution (FINV) report for Chen Pingping?

FinVolution reported that President and CCO Chen Pingping vested and exercised 1,291,500 restricted share units into Class A ordinary shares, then sold 586,110 of those shares in a sell-to-cover transaction to satisfy tax withholding obligations related to the RSU vesting and settlement.

How many FinVolution (FINV) RSUs vested for Chen Pingping?

Chen Pingping had 1,291,500 restricted share units vest on April 3, 2026. Each RSU represented a contingent right to receive one Class A ordinary share, so vesting and exercise of these RSUs resulted in 1,291,500 new Class A ordinary shares being issued to Chen as direct holdings.

How many FinVolution (FINV) shares were sold to cover taxes?

A total of 586,110 Class A ordinary shares were sold at $1.01 per share in a sell-to-cover transaction. The proceeds were used solely to cover tax withholding obligations arising from the vesting and settlement of Chen Pingping’s restricted share units on April 3, 2026.

What are Chen Pingping’s FinVolution (FINV) holdings after these transactions?

Following the RSU vesting, exercise, and the sell-to-cover disposition, Chen Pingping directly owns 6,244,605 Class A ordinary shares. These shares are held in the form of American depositary shares, with each American depositary share representing five underlying Class A ordinary shares.

How were FinVolution (FINV) restricted share units converted into shares?

Each FinVolution restricted share unit granted to Chen represented a contingent right to receive one Class A ordinary share. When 1,291,500 RSUs vested on April 3, 2026, they were exercised and converted into 1,291,500 Class A ordinary shares, with no exercise price charged for this conversion.

What is the relationship between FinVolution ADSs and Class A ordinary shares?

The filing states that FinVolution’s Class A ordinary shares are held in the form of American depositary shares. Each American depositary share represents five Class A ordinary shares, providing a depositary structure for trading the shares in international markets through the ADS format.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 04/07/2026 - 07:54 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^*

Chen Pingping

(Last) (First) (Middle)

BUILDING G1, NO.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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/03/2026

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)	04/03/2026		M		1,291,500(2)	A	$0.00	6,830,715	D
Class A Ordinary Shares(1)	04/06/2026		F		586,110(3)	D	$1.01	6,244,605	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
Restricted Share Units	(4)	04/03/2026		A		1,291,500		(5)	(5)	Class A ordinary shares	1,291,500	$0	1,291,500	D
Restricted Share Units	(4)	04/03/2026		M			1,291,500	(5)	(5)	Class A ordinary shares	1,291,500	$0	0	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 3, 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. Each RSU represents a contingent right to receive, when vested, one Class A ordinary share.

5. The RSUs vested on April 3, 2026 and have no expiration date.

	/s/ Pingping Chen	04/06/2026
	** 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)