iQIYI (IQ) SVP Yang Xianghua details option and share holdings

Rhea-AI Filing Summary

iQIYI, Inc. senior vice president Yang Xianghua has filed an initial statement of beneficial ownership. The filing lists multiple option grants to buy Class A ordinary shares at exercise prices of 0.5119 or 0.0000, with expiration dates ranging from 2026 through 2035, many of which are fully vested or vest over four years.

Yang also reports indirect ownership of 1,540,613 Class A ordinary shares through JZI Siblings Inc. According to the disclosure, 1,389,969 Class A ordinary shares are held in the form of American depositary shares, each representing seven Class A ordinary shares, with the remainder held as ordinary shares.

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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Yang Xianghua

(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)
	Senior Vice President

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)	1,540,613	I	By JZI Siblings Inc.

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	3	$0.5119	D
Option (right to buy)	(3)	02/14/2027	Class A ordinary share	4,812,117	$0.5119	D
Option (right to buy)	(4)	02/28/2028	Class A ordinary share	5,600,000	$0.5119	D
Option (right to buy)	(5)	06/22/2029	Class A ordinary share	2,800,000	$0.5119	D
Option (right to buy)	(6)	10/16/2030	Class A ordinary share	700,000	$0.5119	D
Option (right to buy)	(7)	03/11/2032	Class A ordinary share	4,410,000	$0.5119	D
Option (right to buy)	(8)	06/03/2033	Class A ordinary share	2,730,000	$0.5119	D
Option (right to buy)	(9)	04/29/2034	Class A ordinary share	182,000	$0.5119	D
Option (right to buy)	(10)	04/12/2035	Class A ordinary share	420,000	$0.5119	D
Option (right to buy)	(11)	03/11/2032	Class A ordinary share	2,310,000	$0	D
Option (right to buy)	(12)	06/03/2033	Class A ordinary share	2,450,000	$0	D
Option (right to buy)	(13)	04/29/2034	Class A ordinary share	2,800,000	$0	D
Option (right to buy)	(14)	04/12/2035	Class A ordinary share	2,450,000	$0	D

Explanation of Responses:

1. 1,389,969 Class A ordinary shares are held in the form of American depositary shares, each representing seven Class A ordinary shares; the rest are in the form of 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 04/01/2020, and the remaining 75% vested in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary.

7. 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.

8. 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.

9. 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.

10. 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.

11. 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.

12. 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.

13. 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.

14. 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/ Yang Xianghua	03/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Yang Xianghua’s Form 3 filing for iQIYI (IQ) disclose?

The Form 3 shows Yang Xianghua’s initial ownership in iQIYI, including numerous option grants on Class A ordinary shares with expirations from 2026 to 2035, plus 1,540,613 Class A ordinary shares held indirectly through JZI Siblings Inc.

How many iQIYI Class A ordinary shares does Yang Xianghua indirectly hold?

Yang Xianghua indirectly holds 1,540,613 Class A ordinary shares of iQIYI through JZI Siblings Inc. Of these, 1,389,969 Class A ordinary shares are in the form of American depositary shares, and the remaining shares are held directly as Class A ordinary shares.

What option grants are reported for Yang Xianghua in the iQIYI (IQ) Form 3?

The filing reports multiple option grants to buy iQIYI Class A ordinary shares, with exercise prices of 0.5119 or 0.0000 and expiration dates spanning 2026 to 2035. These options represent millions of underlying shares with various vesting schedules described in the footnotes.

How do Yang Xianghua’s iQIYI options vest according to the Form 3 footnotes?

The options generally vest over four years. Some grants vest 25% on the first anniversary of the grant date with the remaining 75% in 12 equal quarterly installments, while others vest 25% on each of the first, second, third and fourth anniversaries of the grant date.

Are Yang Xianghua’s iQIYI option grants already vested or still vesting?

Several option grants are described as fully vested over four years, having completed their vesting schedules. Newer grants are still vesting, with 25% already vested after one year and the remaining 75% scheduled in quarterly or annual installments over the subsequent three years.

What is the exercise price range of Yang Xianghua’s iQIYI options on Form 3?

The disclosed option grants carry exercise prices of either 0.5119 or 0.0000 per Class A ordinary share. These options cover different grant programs, with some earlier awards at 0.5119 and later awards at 0.0000, each tied to specified expiration dates and vesting schedules.