BingEx (FLX) president gains 125,000 Class A shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
125,000 shares exercised/converted
Mixed
3 txns
Insider
Yu Hongjian
Role
Executive President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 125,000 | $0.00 | -- |
| Exercise | Class A ordinary shares | 125,000 | $0.00 | -- |
| Tax Withholding | Class A ordinary shares | 17 | $0.86 | $14.62 |
Holdings After Transaction:
Restricted Share Units — 375,000 shares (Direct);
Class A ordinary shares — 1,624,931 shares (Direct)
Footnotes (1)
- Acquired upon vesting of restricted share units. Represents shares adjusted due to ADS ratio and shares withheld for administrative fees upon vesting of restricted share units. Each restricted share unit represents the contingent right to receive one Class A ordinary share. These 125,000 restricted shares units were vested on January 3, 2026 and settled on March 19, 2026.
FAQ
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.
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.
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.