H World director RSUs vest, tax shares withheld
H World Group Ltd director Cao Lei reported compensation-related share activity, not open-market trading.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
H World Group Ltd director Cao Lei reported compensation-related share activity, not open-market trading. On June 28, 2026, a total of 60,760 restricted share units vested and automatically converted into the same number of ordinary shares, reflecting previously granted equity awards.
On June 30, 2026, Cao Lei had 17,580 ordinary shares delivered back at $43.27 per share to cover tax obligations, classified as tax-withholding dispositions rather than market sales. After these transactions, Cao Lei directly holds 113,220 ordinary shares of H World Group.
Insider Trade Summary
60,760 shares exercised/converted
Exercise
6 txns
Insider
Cao Lei
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 11,320 | $43.27 | $490K |
| Exercise Price or Tax Liability | Ordinary Shares | 6,260 | $43.27 | $271K |
| Exercise | Restricted Share Units | 30,010 | $0.00 | $0.00 |
| Exercise | Restricted Share Units | 30,750 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 30,010 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 30,750 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Share Units — 125,640 contracts (Direct);
Ordinary Shares — 113,220 shares (Direct)
Footnotes (4)
- F1. Reflects restricted share units that vested and settled into ordinary shares.
- F2. Each restricted share unit represents the right to receive one ordinary share.
- F3. These restricted share units were granted on June 28, 2024 and vested on June 28, 2026. These Restricted share units were previously reported on the Form 3 filed by the Reporting Person on March 13, 2026.
- F4. These restricted share units were granted on August 5, 2025 and vested on June 28, 2026. These Restricted share units were previously reported on the Form 3 filed by the Reporting Person on March 13, 2026.
Key Figures
RSUs vested (grant 1): 30,750 units
RSUs vested (grant 2): 30,010 units
Total RSUs exercised: 60,760 units
+3 more
6 metrics
RSUs vested (grant 1)
30,750 units
Granted June 28, 2024; vested June 28, 2026
RSUs vested (grant 2)
30,010 units
Granted August 5, 2025; vested June 28, 2026
Total RSUs exercised
60,760 units
Exercise or conversion of derivative security
Shares withheld for taxes
17,580 shares
Tax-withholding dispositions at $43.27 per share
Tax withholding price
$43.27 per share
Used to value F-code dispositions on June 30, 2026
Shares held after transactions
113,220 shares
Direct ownership of ordinary shares following June 30, 2026
Key Terms
Restricted Share Units, tax-withholding disposition, Exercise or conversion of derivative security, Form 3, +1 more
5 terms
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.
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
Form 3 regulatory
"previously reported on the Form 3 filed by the Reporting Person on March 13, 2026."
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
derivative financial
""transaction_type": "derivative""
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Cao Lei report for H World Group (HTHT)?
Cao Lei reported RSU vesting and related tax withholding. On June 28, 2026, 60,760 restricted share units converted into ordinary shares, and on June 30, 2026, 17,580 shares were delivered to cover tax obligations at $43.27 per share.
Were Cao Lei’s H World (HTHT) transactions open-market buys or sells?
They were not open-market trades. The filing shows RSUs vesting into ordinary shares and F-code tax-withholding dispositions, where shares are delivered back to cover tax liabilities rather than bought or sold on the open market.
What RSU awards for H World Group (HTHT) vested for Cao Lei?
Two RSU awards vested. One for 30,750 units granted June 28, 2024 and one for 30,010 units granted August 5, 2025. Both vested on June 28, 2026 and settled one-for-one into H World ordinary shares.
What does the F transaction code mean in Cao Lei’s H World (HTHT) filing?
The F code indicates tax-withholding dispositions. Shares worth the tax amount, here 6,260 and 11,320 shares at $43.27, were delivered to satisfy exercise price or tax liabilities, rather than representing discretionary market sales.
Does Cao Lei have remaining derivative positions in H World Group (HTHT) after this Form 4?
The filing’s derivative summary is empty after the reported M-code exercises. This indicates the restricted share units referenced were fully settled into ordinary shares, with no remaining RSUs from these specific grants.
AI-generated analysis. How Rhea-AI works. Not financial advice.
