Huize (HUIZ) CEO Ma Cunjun reports options, ADS and Class B stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Huize Holding Ltd director and CEO Ma Cunjun filed an initial ownership report showing significant equity interests in the company. The filing lists multiple option awards over Class A common shares with an exercise price of $0.0024 per share and expiration dates ranging from 2029 to 2034. It also shows direct holdings of American depositary shares, where each ADS represents one hundred Class A common shares. In addition, Ma has indirect ownership of Class B common shares through Huidz Holding Limited, reflecting a substantial indirect stake. These disclosures outline his current equity alignment with Huize Holding Ltd rather than any new share purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Ma Cunjun
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | American depositary shares | -- | -- | -- |
| holding | Class B common shares | -- | -- | -- |
Holdings After Transaction:
Options — 104,704,800 shares (Direct);
American depositary shares — 10,020,000 shares (Direct);
Class B common shares — 150,591,207 shares (Indirect, By Huidz Holding Limited)
Footnotes (1)
- Each American depositary share ("ADS") represents one hundred (100) Class A common shares of Huize Holding Limited (the "Company"), 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.
FAQ
What does Huize Holding Ltd (HUIZ) disclose in Ma Cunjun’s Form 3?
The filing discloses Ma Cunjun’s existing equity interests in Huize Holding Ltd, including options over Class A common shares, direct American depositary share holdings, and indirect Class B common share ownership through Huidz Holding Limited, establishing his starting ownership position as a director, CEO, and ten-percent owner.
Do Huize (HUIZ) Form 3 holdings show new insider buying or selling?
No. The entries are classified as holdings, not purchases or sales. The Form 3 establishes Ma Cunjun’s existing ownership in options, ADSs, and Class B shares when he became a reporting insider, rather than recording new market transactions in Huize securities.