ICZOOM CEO discloses dual-class share stake

ICZOOM Group Inc. CEO and Chairman Lei Xia filed an initial statement of beneficial ownership, detailing his dual-class share holdings.

Rhea-AI Filing Summary

ICZOOM Group Inc. CEO and Chairman Lei Xia filed an initial statement of beneficial ownership, detailing his dual-class share holdings. He indirectly holds 1,719,500 Class B ordinary shares through Xuyan Development Limited, which he wholly owns and over which he has voting and investment power.

He also directly holds 250,000 Class B ordinary shares and 250,000 Class A ordinary shares. Each Class A share carries 1 vote, while each Class B share carries 10 votes. Mr. Xia may convert his Class B shares, whether held directly or via Xuyan Development, into Class A shares on a one-for-one basis at any time.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider XIA LEI

Role CEO and Chairman

Type	Security	Shares	Price	Value
holding	Class B Ordinary Shares	--	--	--
holding	Class B Ordinary Shares	--	--	--
holding	Class A Ordinary Shares	--	--	--

Holdings After Transaction: Class B Ordinary Shares — 1,719,500 contracts (Indirect, See Footnote); Class B Ordinary Shares — 250,000 contracts (Direct); Class A Ordinary Shares — 250,000 shares (Direct)

Footnotes (2)

1. F1. Represents 1,719,500 Class B ordinary shares held by Xuyan Development Limited ("Xuyan Development"), which is wholly owned by Mr. Lei Xia ("Mr. Xia"). Accordingly, Mr. Xia is deemed to have voting, dispositive or investment powers over Xuyan Development.
2. F2. Each Class A Ordinary Shares entitles to 1 vote and each Class B Ordinary Shares entitles to 10 votes. Mr. Xia maintains the right to convert the Class B Ordinary Shares held by himself and by Xuyan Development into Class A Ordinary Shares at any time, in his sole discretion, on a one for one basis; following such conversion, the resulting Class A Ordinary Shares will retain the same one for one voting power as all other Class A Ordinary Shares.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does ICZOOM (IZM) CEO Lei Xia disclose in this Form 3?

Lei Xia discloses his initial beneficial ownership in ICZOOM, including indirect holdings of 1,719,500 Class B shares via Xuyan Development and direct holdings of 250,000 Class B and 250,000 Class A shares, outlining his equity and voting position in the company.

How many ICZOOM (IZM) Class B shares does Lei Xia control?

Lei Xia controls 1,969,500 Class B ordinary shares in total, including 1,719,500 held indirectly through Xuyan Development Limited and 250,000 held directly. The filing states he is deemed to have voting, dispositive, or investment power over the Xuyan Development-held shares.

What voting rights do ICZOOM (IZM) Class A and Class B shares carry?

Each ICZOOM Class A ordinary share carries 1 vote, while each Class B ordinary share carries 10 votes. This structure gives Class B holders, including Lei Xia and Xuyan Development, significantly greater voting power relative to the same number of Class A shares.

Can Lei Xia convert ICZOOM (IZM) Class B shares into Class A shares?

Yes. Lei Xia may convert the Class B ordinary shares he holds directly and those held by Xuyan Development into Class A ordinary shares at any time, at his sole discretion, on a one-for-one basis, with the resulting Class A shares having standard one-vote-per-share rights.

What is Xuyan Development Limited’s role in ICZOOM (IZM) ownership?

Xuyan Development Limited holds 1,719,500 ICZOOM Class B ordinary shares. It is wholly owned by Lei Xia, who is deemed to have voting, dispositive, or investment powers over these shares, effectively consolidating this indirect stake under his control.

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Accepted by SEC EDGAR 03/18/2026 - 04:00 PM Learn about SEC filing dates

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^*

XIA LEI

(Last) (First) (Middle)

ROOM 3801, BUILDING A, SUNHOPE EMETRO

NO. 7018 CAI TIAN ROAD, FUTIAN DISTRICT

(Street)

SHENZHEN 518000

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
ICZOOM Group Inc. [ IZM ]

3a. Foreign Trading Symbol

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

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

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and Chairman

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 Shares	250,000	D

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
Class B Ordinary Shares	(2)	(2)	Class A Ordinary Shares	1,719,500	(2)	I	See Footnote(1)
Class B Ordinary Shares	(2)	(2)	Class A Ordinary Shares	250,000	(2)	D

Explanation of Responses:

1. Represents 1,719,500 Class B ordinary shares held by Xuyan Development Limited ("Xuyan Development"), which is wholly owned by Mr. Lei Xia ("Mr. Xia"). Accordingly, Mr. Xia is deemed to have voting, dispositive or investment powers over Xuyan Development.

2. Each Class A Ordinary Shares entitles to 1 vote and each Class B Ordinary Shares entitles to 10 votes. Mr. Xia maintains the right to convert the Class B Ordinary Shares held by himself and by Xuyan Development into Class A Ordinary Shares at any time, in his sole discretion, on a one for one basis; following such conversion, the resulting Class A Ordinary Shares will retain the same one for one voting power as all other Class A Ordinary Shares.

	/s/ Lei Xia	03/18/2026
	** 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.
* Form 3: SEC 1473 (03-26)