Huize Holding (HUIZ) CEO details large option and share positions
Rhea-AI Filing Summary
Huize Holding Ltd director and Chief Executive Officer Ma Cunjun reported his existing equity interests, mainly in options over Class A common shares and Class B common shares. These entries describe holdings rather than new purchases or sales.
He holds options exercisable for 104,704,800 Class A common shares at an exercise price of $0.0024 per share, with these options scheduled to vest in eight equal quarterly installments through June 30, 2026. Additional option grants cover 20,660,000, 3,911,945, and 7,556,701 Class A common shares, all at an exercise price of $0.0024 and stated as fully vested in prior grants.
Ma Cunjun also directly holds 100,200 American depositary shares, where each ADS represents one hundred Class A common shares. Indirectly, 150,591,207 Class B common shares are reported as held by Huidz Holding Limited, reflecting a substantial associated ownership position.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | American depositary shares | -- | -- | -- |
| holding | Class B common shares | -- | -- | -- |
Footnotes (1)
- Each American depositary share represents one hundred (100) Class A common shares of Huize Holding Limited, with a par value of US$0.00001 per share. The 104,704,800 options were granted to the reporting person on April 22, 2024, and are scheduled to vest in eight equal quarterly installments of 13,088,100 options each over a two-year period. Six out of the eight installments have already vested, and the remaining two installments will vest on March 31, 2026 and June 30, 2026, respectively. The 20,660,000 options were granted to the reporting person on March 14, 2023 and have been fully vested. The 3,911,945 options were granted to the reporting person on September 8, 2021 and have been fully vested. The 7,556,701 options were granted to the reporting person on June 30, 2019 and have been fully vested.