iQIYI (IQ) SVP Duan Youqiao reports options and 1.52M share stake

Rhea-AI Filing Summary

iQIYI, Inc. Senior Vice President Duan Youqiao filed an initial ownership report showing multiple option grants over Class A ordinary shares. These options carry exercise prices of $0.5119 or $0.0000 per share with expirations ranging from 2026 to 2035. The filing also reports indirect ownership of 1,517,068 Class A ordinary shares held by Jbridge 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^*

Duan Youqiao

(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	1,517,068	I	By Jbridge 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)	(1)	08/05/2026	Class A ordinary share	982,927	$0.5119	D
Option (right to buy)	(2)	02/14/2027	Class A ordinary share	375,056	$0.5119	D
Option (right to buy)	(3)	02/28/2028	Class A ordinary share	3,200,000	$0.5119	D
Option (right to buy)	(4)	03/01/2029	Class A ordinary share	1,400,000	$0.5119	D
Option (right to buy)	(5)	04/01/2030	Class A ordinary share	525,000	$0.5119	D
Option (right to buy)	(6)	03/01/2032	Class A ordinary share	4,410,000	$0.5119	D
Option (right to buy)	(7)	06/03/2033	Class A ordinary share	2,730,000	$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)	03/01/2032	Class A ordinary share	2,310,000	$0	D
Option (right to buy)	(11)	06/03/2033	Class A ordinary share	3,500,000	$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 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.

2. 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.

3. 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.

4. The options vest over a four-year period, with 25% vested on the 1st anniversary of 03/01/2019, 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 04/01/2020, 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 03/01/2022, and the remaining 75% vested 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 03/01/2022.

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/ Duan Youqiao	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).
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FAQ

What does the Form 3 filed for iQIYI (IQ) by Duan Youqiao show?

The Form 3 shows Senior Vice President Duan Youqiao’s existing equity interests in iQIYI. It details multiple option grants over Class A ordinary shares and indirect ownership of 1,517,068 shares held through Jbridge Ventures Limited, establishing his baseline holdings as an insider.

How many iQIYI (IQ) shares does Jbridge Ventures Limited hold for Duan Youqiao?

Jbridge Ventures Limited holds 1,517,068 Class A ordinary shares of iQIYI as an indirect ownership position for Duan Youqiao. This stake is reported as indirect because the shares are held by the entity rather than directly in his personal name.

What types of equity awards are reported for Duan Youqiao in the iQIYI (IQ) Form 3?

The Form 3 reports multiple “Option (right to buy)” positions over iQIYI Class A ordinary shares. These options give him the right to buy shares at preset exercise prices and have varying expiration dates, forming a significant part of his long-term compensation.

What are the exercise prices of Duan Youqiao’s iQIYI (IQ) options reported in the Form 3?

The options reported for Duan Youqiao generally have exercise prices of either $0.5119 per Class A ordinary share or $0.0000. These preset exercise prices define the cost at which he can purchase shares if he exercises the options before expiration.

How do the iQIYI (IQ) options for Duan Youqiao vest according to the Form 3 footnotes?

The footnotes state that the options vest over four years, often with 25% vesting on the first anniversary of the grant date. The remaining 75% typically vest in 12 equal quarterly installments or in four annual installments on subsequent anniversaries, depending on the grant.

Do the iQIYI (IQ) Form 3 disclosures show any recent insider buying or selling by Duan Youqiao?

The data provided describe holdings rather than new transactions, with transaction codes marked as unknown and no buy or sell counts. It mainly records existing option positions and indirect share ownership, establishing his starting point as a reporting insider.