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BingEx (FLX) CFO Tang Le gains 62,500 shares through RSU vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

BingEx Ltd Chief Financial Officer Tang Le reported routine equity compensation activity. On May 22, 2026, 62,500 restricted share units vested, with each unit converting into one Class A ordinary share. As part of the vesting, 16 Class A ordinary shares were disposed of at $0.75 per share to cover administrative fees and related obligations.

Following these transactions, Tang Le directly holds 874,939 Class A ordinary shares. No remaining derivative positions from these vested restricted share units are shown in this filing.

Positive

  • None.

Negative

  • None.
Insider Tang Le
Role Chief Financial Officer
Type Security Shares Price Value
Exercise Restricted Share Units 62,500 $0.00 --
Exercise Class A ordinary shares 62,500 $0.00 --
Tax Withholding Class A ordinary shares 16 $0.75 $12.00
Holdings After Transaction: Restricted Share Units — 125,000 shares (Direct); Class A ordinary shares — 874,939 shares (Direct)
Footnotes (1)
  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 62,500 restricted shares units were vested on May 22, 2026.
RSUs vested 62,500 units Restricted share units vested on May 22, 2026
Shares acquired from RSUs 62,500 shares Class A ordinary shares received upon RSU vesting
Shares withheld 16 shares Withheld to cover administrative fees at vesting
Withholding price $0.75 per share Value used for 16 withheld shares
Shares held after transactions 874,939 shares Class A ordinary shares directly held by Tang Le
Derivative exercise shares 62,500 shares Shares related to derivative exercise/RSU conversion
Tax withholding shares 16 shares Tax-withholding disposition count from transaction summary
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.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
Class A ordinary shares financial
"security_title": "Class A ordinary shares""
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.
contingent right financial
"Each restricted share unit represents the contingent right to receive one Class A ordinary share."
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FAQ

What insider transaction did BingEx (FLX) report for CFO Tang Le?

BingEx reported that CFO Tang Le had 62,500 restricted share units vest into Class A ordinary shares. As part of this vesting event, 16 shares were withheld at $0.75 per share to cover administrative fees and related obligations.

How many BingEx (FLX) shares did Tang Le acquire through RSU vesting?

Tang Le acquired 62,500 Class A ordinary shares through the vesting of an equal number of restricted share units. Each restricted share unit represented the right to receive one Class A ordinary share upon vesting on May 22, 2026.

Why were some BingEx (FLX) shares disposed of in Tang Le’s Form 4?

The filing shows a disposition of 16 Class A ordinary shares at $0.75 per share. These shares were withheld and adjusted upon vesting of restricted share units to cover administrative fees and similar obligations tied to the equity award.

What are Tang Le’s BingEx (FLX) holdings after the reported transactions?

After the RSU vesting and related share withholding, Tang Le directly holds 874,939 Class A ordinary shares of BingEx. This total reflects the newly issued shares from vested restricted share units minus the small number of shares withheld.

What does each restricted share unit in BingEx (FLX) represent?

Each restricted share unit represents a contingent right to receive one Class A ordinary share of BingEx. When the units vested on May 22, 2026, they converted on a one-for-one basis into 62,500 Class A ordinary shares for Tang Le.
SEC Form 4
FORM 4UNITED 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)
BEIJING100192

(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)
Director10% Owner
XOfficer (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)
XForm 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)
CodeVAmount(A) or (D)Price
Class A ordinary shares(1)05/22/2026M62,500A$0874,939D
Class A ordinary shares(2)05/22/2026F16D$0.75874,923D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units(3)05/22/2026M62,500 (4) (4)Class A ordinary shares62,500$0125,000D
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 Tang05/26/2026
** Signature of Reporting PersonDate
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)