FOXX (FOXX) EVP Cui Haitao reports open-market sale of 759 shares

Rhea-AI Filing Summary

Foxx Development Holdings Inc. Executive Vice President and director Cui Haitao reported two open-market sales of common stock. On March 18, 2026, he sold 156 shares at $4.50 per share, followed by 603 shares at $4.56 per share on March 19, 2026. After these transactions, he holds 136,598 common shares directly. A footnote explains that this position includes 39,342 vested and 97,256 unvested restricted shares from a grant of 141,463 restricted shares made on November 5, 2024, which continue to vest quarterly as long as he remains in continuous service.

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^*

Cui Haitao

(Last) (First) (Middle)

I/C/O FOXX DEVELOPMENT INC.

15375 BARRANCA PARKWAY, SUITE C-106

(Street)

IRVINE CALIFORNIA 92618

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Foxx Development Holdings Inc. [ FOXX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

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
Common Stock	03/18/2026		S		156	D	$4.5	137,201	D
Common Stock	03/19/2026		S		603	D	$4.56	136,598(1)	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

Explanation of Responses:

1. Represents 39,342 vested and 97,256 unvested restricted shares from an initial grant of 141,463 restricted shares made on November 5, 2024. The remaining unvested restricted shares will continue to vest at a rate of 1/16th of the original grant amount on the quarterly anniversary date of the grant provided the reporting person remains in continuous service on each vesting date.

	/s/ Haitao Cui	03/20/2026
	** 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)

FAQ

What insider transactions did FOXX executive Cui Haitao report?

Cui Haitao reported selling a total of 759 Foxx Development Holdings Inc. common shares in open-market transactions. He sold 156 shares at $4.50 on March 18, 2026 and 603 shares at $4.56 on March 19, 2026, all held directly.

At what prices did FOXX insider Cui Haitao sell his shares?

He sold 156 shares at $4.50 per share on March 18, 2026 and 603 shares at $4.56 per share on March 19, 2026. Both transactions involved Foxx Development Holdings Inc. common stock in open-market sales.

How many FOXX shares does Cui Haitao hold after these sales?

After the reported open-market sales, Cui Haitao holds 136,598 Foxx Development Holdings Inc. common shares directly. This total includes both vested and unvested restricted shares associated with a prior equity grant, according to the footnote disclosure.

What restricted stock grant does FOXX executive Cui Haitao have?

He has a restricted stock grant of 141,463 shares made on November 5, 2024. The filing notes 39,342 shares are vested and 97,256 remain unvested, with unvested shares continuing to vest quarterly while he remains in continuous service.

How do Cui Haitao’s FOXX restricted shares vest over time?

The filing states the remaining unvested restricted shares will vest at 1/16th of the original 141,463-share grant on each quarterly anniversary of the November 5, 2024 grant, provided Cui Haitao remains in continuous service on each vesting date.

Is the FOXX insider ownership held directly or indirectly by Cui Haitao?

The transactions and resulting holdings are reported as direct ownership of Foxx Development Holdings Inc. common stock. The Form 4 lists the ownership code as “D” and does not reference any intermediary entities or indirect ownership structures.