BingEx (FLX) Executive President gains 125,000 RSU shares, minor withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BingEx Ltd Executive President Yu Hongjian reported routine equity compensation activity. On May 22, 2026, 125,000 restricted share units vested, resulting in the acquisition of 125,000 Class A ordinary shares at a stated price of $0.00 per share.
In connection with this vesting, 20 Class A ordinary shares, valued at $0.75 per share, were disposed of to cover administrative fees and related obligations, rather than sold in the open market. Following these transactions, Yu Hongjian directly holds 1,749,894 Class A ordinary shares, plus 250,000 restricted share units representing potential future shares.
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 | 20 | $0.75 | $15.00 |
Holdings After Transaction:
Restricted Share Units — 250,000 shares (Direct, null);
Class A ordinary shares — 1,749,914 shares (Direct, null)
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 May 22, 2026.
Key Figures
RSUs vested: 125,000 units
Shares acquired from RSUs: 125,000 Class A shares
Shares withheld for fees: 20 Class A shares
+3 more
6 metrics
RSUs vested
125,000 units
Restricted share units vested on May 22, 2026
Shares acquired from RSUs
125,000 Class A shares
Acquired at $0.00 per share upon vesting
Shares withheld for fees
20 Class A shares
Disposed at $0.75 per share for administrative obligations
Shares held after transactions
1,749,894 Class A shares
Direct ownership following May 22, 2026 transactions
RSUs outstanding
250,000 units
Restricted share units following the vesting transaction
Tax-withholding shares
20 shares
Recorded as tax-withholding/fee-related disposition
Key Terms
Restricted Share Units, tax-withholding disposition, derivative security, ADS ratio, +1 more
5 terms
tax-withholding disposition financial
"The 20-share transaction is described as a tax-withholding disposition covering obligations at vesting."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"The RSUs are treated as a derivative security exercised into Class A ordinary shares."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
ADS ratio financial
"Footnotes note shares adjusted due to ADS ratio and administrative fees."
The ads ratio measures the proportion of a company's revenue that comes from advertising activities compared to other sources. It helps investors understand how much of a company's income depends on advertising efforts, similar to how a restaurant's income might rely heavily on dine-in sales versus takeout. A higher ads ratio indicates a greater dependence on advertising-related revenue, which can signal potential risks or opportunities depending on market trends.
contingent right financial
"Each restricted share unit represents the contingent right to receive one Class A ordinary share."
FAQ
What did BingEx (FLX) Executive President Yu Hongjian report in this Form 4?
Yu Hongjian reported the vesting of 125,000 restricted share units and the corresponding acquisition of 125,000 Class A ordinary shares. A small portion of shares was withheld to cover administrative fees related to the vesting, rather than sold on the open market.
Are Yu Hongjian’s BingEx (FLX) transactions open-market buys or sells?
No, the filing reflects equity compensation mechanics, not open-market trading. Shares were acquired through vesting and exercise of restricted share units, with a small number withheld to cover administrative or similar obligations tied to the vesting event.