Zheng Jie (HTHT) discloses H World share and RSU holdings in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
H World Group Ltd director Zheng Jie has filed an initial ownership report showing existing equity interests in the company. The filing lists 79,110 performance-based restricted stock units that were granted on June 28, 2024 and are scheduled to vest in five installments through June 28, 2028. Each restricted stock unit represents the right to receive one ordinary share upon vesting at a zero exercise price. The report also shows direct ownership of 65,240 ordinary shares following the reported holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Zheng Jie
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 79,110 shares (Direct);
Ordinary Shares — 65,240 shares (Direct)
Footnotes (1)
- These performance-based restricted stock units were granted on June 28, 2024 and are scheduled to vest in five installments, with 50% on the second anniversary of the vesting start date and 1/8 on the last day of each succeeding six-month period, ending on June 28, 2028. Each restricted stock unit represents the right to receive, upon vesting, one ordinary share.
FAQ
What does Zheng Jie’s Form 3 filing for H World Group Ltd (HTHT) show?
The Form 3 shows Zheng Jie’s existing equity holdings in H World Group Ltd, including ordinary shares and performance-based restricted stock units. It is an initial ownership statement, not a report of share purchases or sales in the market.
How many restricted stock units does Zheng Jie hold in HTHT according to the filing?
The filing reports 79,110 performance-based restricted stock units linked to H World Group Ltd ordinary shares. These units were granted on June 28, 2024 and each unit gives the right to receive one ordinary share when it vests, subject to the stated schedule.
What is the vesting schedule for Zheng Jie’s performance-based restricted stock units at H World Group Ltd?
The performance-based restricted stock units are scheduled to vest in five installments: 50% on the second anniversary of the vesting start date, then 1/8 on the last day of each succeeding six-month period, ending on June 28, 2028, assuming applicable conditions are satisfied.
What is the relationship between Zheng Jie’s restricted stock units and H World Group Ltd ordinary shares?
Each restricted stock unit represents the right to receive one ordinary share of H World Group Ltd upon vesting. The reported units have a stated exercise price of 0.0000, meaning no additional cash payment is required when they convert into ordinary shares at vesting.
Does Zheng Jie’s Form 3 for HTHT indicate recent insider buying or selling activity?
The Form 3 is an initial ownership statement that lists existing holdings, including ordinary shares and restricted stock units. The transaction records are labeled as holdings with unknown transaction codes, and there are no reported buy or sell transactions in this filing.