Foxx Development (FOXX) EVP has 2,722 shares withheld to cover RSU taxes

Rhea-AI Filing Summary

Foxx Development Holdings Inc. Executive Vice President and director Cui Haitao reported a code F transaction in Common Stock. On 2026-08-05, 2,722 shares were withheld at $2.65 per share to satisfy a tax withholding obligation upon vesting and settlement of restricted stock units, and no shares were sold. After this withholding, Cui directly holds 128,640 shares, consisting of 49,066 shares of common stock and 79,574 unvested RSUs from an initial grant of 141,463 RSUs that continue to vest quarterly at 1/16th of the original grant amount, subject to continuous service.

Insider Trade Summary

Net Seller: 2,722 shares

Net Sell 1 txn

Insider Cui Haitao

Role Executive Vice President

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F2, F1	2,722	$2.65	$7K

Holdings After Transaction: Common Stock — 128,640 shares (Direct)

Footnotes (2)

1. F1. Represents 49,066 shares of common stock and 79,574 unvested restricted stock units ("RSUs") from an initial grant of 141,463 RSUs made on November 5, 2024. The remaining unvested RSUs will continue to vest at a rate of 1/16th of the original grant amount on the quarterly anniversary date of the grant date provided the reporting person remains in continuous service on each vesting date.
2. F2. Reflects shares of common stock of Foxx Development Holdings Inc. withheld to satisfy the Reporting Person's tax withholding obligation upon vesting and settlement of RSUs. No shares were sold.

Key Figures

Shares withheld for taxes: 2,722 shares Withholding price: $2.65 per share Shares held after transaction: 128,640 shares +4 more

7 metrics

Shares withheld for taxes 2,722 shares Common Stock withheld on 2026-08-05 to satisfy tax withholding obligation on RSU vesting

Withholding price $2.65 per share Value used for 2,722 shares withheld for tax withholding obligation

Shares held after transaction 128,640 shares Total direct holdings after tax-withholding disposition

Common shares in holdings 49,066 shares Portion of post-transaction holdings in common stock

Unvested RSUs remaining 79,574 RSUs Unvested portion of initial 141,463 RSU grant still subject to vesting

Initial RSU grant 141,463 RSUs RSUs granted on November 5, 2024 to the reporting person

Quarterly vesting rate 1/16th of original grant Remaining RSUs vest each quarterly anniversary, subject to continuous service

Key Terms

restricted stock units ("RSUs"), tax withholding obligation, continuous service

3 terms

restricted stock units ("RSUs") financial

"Represents 49,066 shares of common stock and 79,574 unvested restricted stock units ("RSUs")"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

tax withholding obligation financial

"withheld to satisfy the Reporting Person's tax withholding obligation upon vesting and settlement"

continuous service financial

"provided the reporting person remains in continuous service on each vesting date"

FAQ

What did Foxx Development Holdings Inc. (FOXX) insider Cui Haitao report in this Form 4?

Cui Haitao reported 2,722 shares of Foxx Development Holdings Inc. common stock withheld at $2.65 per share to cover a tax withholding obligation upon RSU vesting, with no shares sold in the market.

How many FOXX shares does Cui Haitao hold after the reported transaction?

Following the tax-withholding transaction, Cui Haitao directly holds 128,640 shares, comprising 49,066 shares of common stock and 79,574 unvested RSUs that remain subject to the original vesting schedule.

What was the nature of the FOXX Form 4 transaction on 2026-08-05?

The 2026-08-05 transaction was a code F disposition for payment of tax liability by withholding 2,722 shares upon vesting and settlement of RSUs. The filing explicitly states that no shares were sold.

What is the size and vesting schedule of Cui Haitao’s RSU grant at FOXX?

Cui received an initial grant of 141,463 RSUs on November 5, 2024. The remaining unvested 79,574 RSUs continue to vest at 1/16th of the original grant on each quarterly anniversary, subject to continuous service.

Does the FOXX Form 4 indicate any market sale of shares by Cui Haitao?

No. The Form 4 states that the 2,722 shares were withheld for tax withholding obligations related to RSU vesting and that no shares were sold in the open market.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/10/2026 - 04:12 PM Accepted by SEC EDGAR 08/10/2026 - 04:11 PM Learn about SEC filing dates

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)
08/05/2026

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	08/05/2026		F		2,722(2)	D	$2.65	128,640(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 49,066 shares of common stock and 79,574 unvested restricted stock units ("RSUs") from an initial grant of 141,463 RSUs made on November 5, 2024. The remaining unvested RSUs will continue to vest at a rate of 1/16th of the original grant amount on the quarterly anniversary date of the grant date provided the reporting person remains in continuous service on each vesting date.

2. Reflects shares of common stock of Foxx Development Holdings Inc. withheld to satisfy the Reporting Person's tax withholding obligation upon vesting and settlement of RSUs. No shares were sold.

	/s/Haitao Cui	08/10/2026
	** 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)