H World director exercises 1,005,670 RSUs
H World Group director Qi Ji reported the vesting of restricted share units into ordinary shares, with no accompanying share sale.
Rhea-AI Filing Summary
H World Group director Qi Ji reported the vesting of restricted share units into ordinary shares, with no accompanying share sale. On May 31, 2026, 1,005,670 restricted share units vested and settled into the same number of ordinary shares at a stated price of $0.0000 per share.
Following this exercise, Qi Ji directly holds 16,535,620 ordinary shares and 375,000 ordinary shares represented by American depositary shares, along with 34,999,730 restricted share units that remain outstanding. Through Winner Crown Holdings Limited, he is also shown with indirect ownership of 701,477,540 ordinary shares and additional ordinary shares represented by American depositary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,005,670 shares exercised/converted
Exercise
5 txns
Insider
JI QI
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 1,005,670 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 1,005,670 | $0.00 | $0.00 |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares (represented by American depositary shares) | -- | -- | -- |
| holding | Ordinary Shares (represented by American depositary shares) | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 34,997,730 contracts (Direct);
Ordinary Shares — 16,535,620 shares (Direct);
Ordinary Shares — 701,477,540 shares (Indirect, By Winner Crown Holdings Limited);
Ordinary Shares (represented by American depositary shares) — 375,000 shares (Direct);
Ordinary Shares (represented by American depositary shares) — 431,270 shares (Indirect, By Winner Crown Holdings Limited)
Footnotes (4)
- F1. Reflects restricted share units that vested and settled into ordinary shares.
- F2. The ordinary shares / ordinary shares represented by American depositary shares are held by Winner Crown Holdings Limited ("Winner Crown"), a British Virgin Islands company wholly owned by Sherman Holdings Limited ("Sherman"), a Bahamas company. Sherman is owned 100% by vote and value by the Ji Family Trust, which is a revocable trust valid under the laws of the Republic of Singapore. Butterfield Trust (Asia) Limited acts as trustee of the Ji Family Trust, of which Mr. Qi Ji and his family members are the beneficiaries. Qi Ji, as the settlor of the trust, reserves the right to revoke the trust without the consent of another person and exercises investment control over the Issuer's securities held by the trust, and may be deemed to beneficially own the shares directly owned by Winner Crown.
- F3. Each restricted share unit represents the right to receive one ordinary share.
- F4. These restricted share units were granted on May 31, 2023 and vested on May 31, 2026. These Restricted share units were previously reported on the Form 3 filed by the Reporting Person on March 16, 2026.
Key Figures
RSUs exercised: 1,005,670 units
Direct ordinary shares after transaction: 16,535,620 shares
Direct ADS-represented shares: 375,000 shares
+2 more
5 metrics
RSUs exercised
1,005,670 units
Restricted share units vested and settled into ordinary shares on May 31, 2026
Direct ordinary shares after transaction
16,535,620 shares
Total direct ordinary share holdings following RSU exercise
Direct ADS-represented shares
375,000 shares
Ordinary shares represented by American depositary shares held directly
Remaining restricted share units
34,999,730 units
RSU balance after 1,005,670 units vested and settled
Indirect ordinary shares via Winner Crown
701,477,540 shares
Ordinary shares held indirectly through Winner Crown Holdings Limited
Key Terms
restricted share units, American depositary shares, exercise or conversion of derivative security, beneficially own, +1 more
5 terms
exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
beneficially own financial
"may be deemed to beneficially own the shares directly owned by Winner Crown."
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
revocable trust financial
"the Ji Family Trust, which is a revocable trust valid under the laws of the Republic of Singapore."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did H World (HTHT) director Qi Ji report?
Qi Ji reported the vesting and exercise of 1,005,670 restricted share units into the same number of H World ordinary shares at $0.0000 per share. The filing shows this as a derivative exercise, not an open-market purchase or sale.
What indirect H World (HTHT) holdings are associated with Winner Crown Holdings Limited?
The filing shows 701,477,540 ordinary shares and additional ordinary shares represented by American depositary shares held indirectly through Winner Crown Holdings Limited. Footnotes explain Winner Crown is part of a trust structure for Qi Ji and his family, over which he exercises investment control.
AI-generated analysis. How Rhea-AI works. Not financial advice.
