iQIYI (NASDAQ: IQ) CCO reports multiple option grants in Form 3

Rhea-AI Filing Summary

iQIYI, Inc. filed a Form 3 showing the initial beneficial ownership of its Chief Content Officer, Wang Xiaohui. The filing lists multiple option positions to buy Class A ordinary shares, with exercise prices of $0.5119 or $0.0000 per share and expiration dates ranging from 2026 through 2035. Several option grants are fully vested, while later grants vest over four years, typically with 25% vesting on the first anniversary and the remainder in 12 quarterly installments. The filing also reports indirect ownership of 259,000 Class A ordinary shares held in the form of American depositary shares by Qing Apple Ventures Limited.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Wang Xiaohui

(Last) (First) (Middle)

4F, IQIYI YOUTH CENTER, YOOLEE PLAZA

NO.21 NORTH ROAD OF WORKERS' STADIUM

(Street)

BEIJING F4 100027

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/16/2026

3. Issuer Name and Ticker or Trading Symbol
iQIYI, Inc. [ IQ ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Content Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A ordinary share(1)	259,000	I	By Qing Apple Ventures Limited

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option (right to buy)	(2)	08/05/2026	Class A ordinary share	2	$0.5119	D
Option (right to buy)	(3)	02/14/2027	Class A ordinary share	1,531,250	$0.5119	D
Option (right to buy)	(4)	02/28/2028	Class A ordinary share	7,500,000	$0.5119	D
Option (right to buy)	(5)	06/21/2029	Class A ordinary share	2,800,000	$0.5119	D
Option (right to buy)	(6)	03/11/2032	Class A ordinary share	4,410,000	$0.5119	D
Option (right to buy)	(7)	06/03/2033	Class A ordinary share	2,047,500	$0.5119	D
Option (right to buy)	(8)	04/29/2034	Class A ordinary share	182,000	$0.5119	D
Option (right to buy)	(9)	04/12/2035	Class A ordinary share	420,000	$0.5119	D
Option (right to buy)	(10)	03/11/2032	Class A ordinary share	1,155,000	$0	D
Option (right to buy)	(11)	06/03/2033	Class A ordinary share	2,625,000	$0	D
Option (right to buy)	(12)	04/29/2034	Class A ordinary share	2,800,000	$0	D
Option (right to buy)	(13)	04/12/2035	Class A ordinary share	2,450,000	$0	D

Explanation of Responses:

1. The Class A ordinary shares are held in the form of American depositar shares, each representing seven Class A ordinary shares.

2. The options have fully vested over a four-year period, with 25% vested on the 1st anniversary of 08/05/2016, and the remaining 75% vested in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary.

3. The options have fully vested over a four-year period, with 25% vested on the 1st anniversary of 02/14/2017, and the remaining 75% vested in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary.

4. The options have fully vested over a four-year period, with 25% vested on the 1st anniversary of 02/28/2018, and the remaining 75% vested in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary.

5. The options have fully vested over a four-year period, with 25% vested on the 1st anniversary of 06/22/2019, and the remaining 75% vested in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary.

6. The options have fully vested over a four-year period, with 25% vested on the 1st anniversary of 03/11/2022, and the remaining 75% vesting in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary.

7. The options vest over a four-year period, with 25% vested on the 1st anniversary of 06/03/2023, and the remaining 75% vesting in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary.

8. The options vest over a four-year period, with 25% vested on the 1st anniversary of 04/29/2024, and the remaining 75% vesting in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary.

9. The options vest over a four-year period, with 25% vesting on the 1st anniversary of 04/12/2025, and the remaining 75% vesting in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary.

10. The options vest over a four-year period, with 25% vesting on each of the 1st, 2nd, 3rd and 4th anniversary of 03/11/2022.

11. The options vest over a four-year period, with 25% vesting on each of the 1st, 2nd, 3rd and 4th anniversary of 06/03/2023.

12. The options vest over a four-year period, with 25% vesting on each of the 1st, 2nd, 3rd and 4th anniversary of 04/29/2024.

13. The options vest over a four-year period, with 25% vesting on each of the 1st, 2nd, 3rd and 4th anniversary of 04/12/2025.

	/s/ Wang Xiaohui	03/16/2026
	** Signature of Reporting Person	Date
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FAQ

What does the iQIYI (IQ) Form 3 for Wang Xiaohui disclose?

The Form 3 for Wang Xiaohui, iQIYI’s Chief Content Officer, discloses his initial beneficial ownership. It lists multiple option grants over Class A ordinary shares and an indirect holding of 259,000 shares through Qing Apple Ventures Limited in American depositary share form.

What option positions are reported for Wang Xiaohui in iQIYI (IQ)’s Form 3?

The filing reports several options to buy iQIYI Class A ordinary shares, including blocks over 7,500,000, 4,410,000, and 2,800,000 underlying shares. These options have exercise prices of $0.5119 or $0.0000 and expire between 2026 and 2035.

What are the vesting terms of the iQIYI (IQ) options held by Wang Xiaohui?

The options generally vest over four years. Many fully vested grants had 25% vest on the first anniversary of the grant date, with the remaining 75% vesting in 12 equal quarterly installments, or in four annual 25% tranches, as detailed in the footnotes.

What indirect iQIYI (IQ) share ownership is disclosed for Wang Xiaohui?

The Form 3 reports indirect ownership of 259,000 Class A ordinary shares held by Qing Apple Ventures Limited. A footnote explains these Class A shares are held in the form of American depositary shares, each representing seven Class A ordinary shares.

Does the iQIYI (IQ) Form 3 for Wang Xiaohui show any recent share purchases or sales?

The Form 3 does not show purchases or sales. All entries are labeled as holding transactions, and the transaction summary shows zero buy and zero sell transactions, indicating the filing is a snapshot of existing beneficial ownership positions.