BingEx president exercises 125,000 RSUs into shares

BingEx Ltd Executive President Yu Hongjian increased his direct stake through the vesting and settlement of equity awards.

Rhea-AI Filing Summary

BingEx Ltd Executive President Yu Hongjian increased his direct stake through the vesting and settlement of equity awards. On March 19, 2026, 125,000 restricted share units converted into 125,000 Class A ordinary shares at no exercise price, reflecting previously granted compensation.

Footnotes explain these units vested on January 3, 2026 and were settled into shares on March 19, 2026, with each unit representing one Class A ordinary share. A small adjustment of 17 shares at $0.86 per share covered administrative fees and ADS ratio effects, leaving Yu with 1,624,914 Class A shares directly owned after the transactions.

Insider Trade Summary

125,000 shares exercised/converted

Exercise 3 txns

Insider Yu Hongjian

Role Executive President

Type	Security	Shares	Price	Value
Exercise	Restricted Share Units	125,000	$0.00	$0.00
Exercise	Class A ordinary shares	125,000	$0.00	$0.00
Exercise Price or Tax Liability	Class A ordinary shares	17	$0.86	$14.62

Holdings After Transaction: Restricted Share Units — 375,000 contracts (Direct); Class A ordinary shares — 1,624,914 shares (Direct)

Footnotes (4)

1. F1. Acquired upon vesting of restricted share units.
2. F2. Represents shares adjusted due to ADS ratio and shares withheld for administrative fees upon vesting of restricted share units.
3. F3. Each restricted share unit represents the contingent right to receive one Class A ordinary share.
4. F4. These 125,000 restricted shares units were vested on January 3, 2026 and settled on March 19, 2026.

FAQ

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

What insider transaction did BingEx (FLX) disclose for Executive President Yu Hongjian?

BingEx reported that Executive President Yu Hongjian acquired 125,000 Class A ordinary shares through the settlement of restricted share units. These units vested earlier as part of equity compensation and were delivered as shares on March 19, 2026 at no cash exercise price.

How many BingEx (FLX) shares did Yu Hongjian hold after the March 19, 2026 Form 4 transactions?

After the March 19, 2026 transactions, Yu Hongjian directly owned 1,624,914 Class A ordinary shares of BingEx. This figure reflects both the 125,000 shares received from restricted share unit settlement and a small 17‑share adjustment for administrative fees and ADS ratio effects.

Were the BingEx (FLX) insider transactions open‑market purchases or sales?

The transactions were not open‑market trades. They involved the exercise and settlement of 125,000 restricted share units into Class A shares at a zero exercise price, plus a 17‑share tax and fee-related disposition, rather than discretionary buying or selling in the public market.

What do the restricted share unit footnotes explain in the BingEx (FLX) Form 4?

The footnotes state that each restricted share unit equals one Class A ordinary share, that 125,000 units vested on January 3, 2026, and were settled on March 19, 2026, and that 17 shares were adjusted for ADS ratio changes and administrative fees related to the vesting.

Did the BingEx (FLX) Form 4 show any remaining derivative awards for Yu Hongjian?

The filing’s derivative summary is empty, indicating no remaining derivative positions are reported in this Form 4. The 125,000 restricted share units referenced were fully vested and settled into Class A ordinary shares by March 19, 2026, completing that specific award.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 03/23/2026 - 08:16 AM EDT 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^*

Yu Hongjian

(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)

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

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		125,000	A	$0	1,624,931	D
Class A ordinary shares(2)	03/19/2026		F		17	D	$0.86	1,624,914	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			125,000	(4)	(4)	Class A ordinary shares	125,000	$0	375,000	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 125,000 restricted shares units were vested on January 3, 2026 and settled on March 19, 2026.

	/s/ Hongjian Yu	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)