BingEx CFO Tang Le Exercises 62,500 RSUs

BingEx Ltd Chief Financial Officer Tang Le had 62,500 restricted share units vest and convert into the same number of Class A ordinary shares on May 22, 2026.

Accepted by SEC EDGAR 05/26/2026 - 07:02 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

BingEx Ltd Chief Financial Officer Tang Le had 62,500 restricted share units vest and convert into the same number of Class A ordinary shares on May 22, 2026. In connection with the vesting, 16 shares were adjusted/withheld for ADS ratio and administrative fees, and Tang Le now directly holds 874,923 Class A ordinary shares.

Insider Trade Summary

62,500 shares exercised/converted

Exercise 3 txns

Insider Tang Le

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Share Units	62,500	$0.00	$0.00
Exercise	Class A ordinary shares	62,500	$0.00	$0.00
Exercise Price or Tax Liability	Class A ordinary shares	16	$0.75	$12.00

Holdings After Transaction: Restricted Share Units — 125,000 contracts (Direct); Class A ordinary shares — 874,923 shares (Direct)

Holdings Before and After: Restricted Share Units, 187,500 to 125,000 contracts (Direct); Class A ordinary shares, 812,439 to 874,923 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 62,500 restricted shares units were vested on May 22, 2026.

Key Figures

RSUs vested and converted: 62,500 Shares acquired from RSU vesting: 62,500 Shares adjusted/withheld: 16 +2 more

5 metrics

RSUs vested and converted 62,500 Restricted Share Units converted into Class A ordinary shares on May 22, 2026

Shares acquired from RSU vesting 62,500 Class A ordinary shares received upon vesting and conversion of RSUs

Shares adjusted/withheld 16 Class A ordinary shares adjusted due to ADS ratio and administrative fees

Withholding transaction price $0.7500 per share Per-share price used for the 16-share adjustment/withholding entry

Post-transaction holdings 874,923 Class A ordinary shares Direct Class A ordinary shares held after the reported transactions

Key Terms

Restricted Share Units, tax-withholding disposition, ADS ratio, Class A ordinary shares

4 terms

Restricted Share Units financial

"These 62,500 restricted shares units were vested on May 22, 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.

tax-withholding disposition financial

"transaction_action: tax-withholding disposition"

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.

ADS ratio financial

"Represents shares adjusted due to ADS ratio and shares withheld"

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.

Class A ordinary shares financial

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

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.

FAQ

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

What RSU event did BingEx Ltd (FLX) report for CFO Tang Le?

BingEx reported that 62,500 restricted share units held by CFO Tang Le vested and converted into 62,500 Class A ordinary shares on May 22, 2026, as part of the company’s equity compensation program.

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

After the reported transactions, CFO Tang Le directly holds 874,923 Class A ordinary shares of BingEx Ltd, reflecting the vested RSUs and related small share adjustments linked to the May 22, 2026 vesting event.

How many BingEx Ltd (FLX) shares were obtained from the RSU vesting?

The RSU vesting provided 62,500 Class A ordinary shares to CFO Tang Le, matching the number of 62,500 restricted share units that vested and were settled in Class A ordinary shares on May 22, 2026.

Why were 16 BingEx Ltd (FLX) shares withheld or adjusted in this filing?

The Form 4 shows 16 Class A ordinary shares in a disposition related to the vesting, described as shares adjusted due to the ADS ratio and withheld for administrative fees upon the RSU vesting event.

Did CFO Tang Le pay a cash price for the vested BingEx Ltd (FLX) RSUs?

The RSU conversion into 62,500 Class A ordinary shares shows a reported exercise price of $0.0000 per share, indicating no cash exercise price was recorded for the vesting and share delivery.

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

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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)
05/22/2026

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)	05/22/2026		M		62,500	A	$0	874,939	D
Class A ordinary shares(2)	05/22/2026		F		16	D	$0.75	874,923	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)	05/22/2026		M			62,500	(4)	(4)	Class A ordinary shares	62,500	$0	125,000	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 62,500 restricted shares units were vested on May 22, 2026.

	/s/ Le Tang	05/26/2026
	** 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)