BingEx (FLX) CFO Tang Le settles 62,500 RSUs into Class A shares

Rhea-AI Filing Summary

BingEx Ltd Chief Financial Officer Tang Le acquired 62,500 Class A ordinary shares on March 19, 2026 through the vesting and settlement of restricted share units. Each restricted share unit converts into one Class A ordinary share. A small portion of shares (13) was withheld at $0.86 per share for administrative fees, leaving Tang with 812,439 Class A ordinary shares held directly after these transactions. The 62,500 restricted share units vested on January 3, 2026 and were settled on March 19, 2026, reflecting routine equity compensation rather than an open-market trade.

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^*

Tang Le

(Last) (First) (Middle)

NO.1 YONGTAIZHUANG NORTH ROAD,

HAIDIAN DISTRICT

(Street)

BEIJING 100192

(City) (State) (Zip)

CHINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
BingEx Ltd [ FLX ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

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)	03/19/2026		M		62,500	A	$0	812,452	D
Class A ordinary shares(2)	03/19/2026		F		13	D	$0.86	812,439	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	(3)	03/19/2026		M			62,500	(4)	(4)	Class A ordinary shares	62,500	$0	187,500	D

Explanation of Responses:

1. Acquired upon vesting of restricted share units.

2. Represents shares adjusted due to ADS ratio and shares withheld for administrative fees upon vesting of restricted share units.

3. Each restricted share unit represents the contingent right to receive one Class A ordinary share.

4. These 62,500 restricted shares units were vested on January 3, 2026 and settled on March 19, 2026.

	/s/ Le Tang	03/23/2026
	** 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)

FAQ

What insider transaction did FLX CFO Tang Le report on March 19, 2026?

Tang Le reported acquiring 62,500 Class A ordinary shares on March 19, 2026, when restricted share units vested and were settled. The grant represents routine equity compensation, not an open-market purchase, and reflects the conversion of previously awarded RSUs into ordinary shares.

How many BingEx (FLX) shares does Tang Le hold after this Form 4 filing?

After the reported transactions, Tang Le holds 812,439 Class A ordinary shares directly. This figure reflects the net position after 62,500 shares were acquired from RSU vesting and 13 shares were withheld to cover administrative fees tied to the vesting event.

Were any BingEx (FLX) shares sold by Tang Le in the open market?

No open-market sale is reported. The only disposition is 13 Class A ordinary shares withheld at $0.86 per share to cover administrative fees at vesting. This F-code transaction is a tax or fee mechanism, not a discretionary market sale of FLX shares.

What do the restricted share units in FLX’s Form 4 represent for Tang Le?

Each restricted share unit represents the right to receive one Class A ordinary share upon vesting. In this filing, 62,500 RSUs vested on January 3, 2026 and were settled on March 19, 2026, increasing Tang Le’s direct equity stake in BingEx Ltd.

Is Tang Le’s FLX Form 4 transaction a strong bullish or bearish signal?

The transaction appears neutral. It reflects routine vesting and settlement of 62,500 restricted share units for compensation, plus 13 shares withheld for fees. There are no open-market buys or sales, so it mainly updates Tang Le’s reported share ownership in FLX.