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Performance shares vest for JinkoSolar (NYSE: JKS) CFO Li Mengmeng

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

JinkoSolar Holding Co., Ltd. reported that Chief Financial Officer Li Mengmeng acquired 2,856 ordinary shares on May 1, 2026 through the vesting of performance-based restricted shares.

These restricted shares were granted on January 5, 2023 under the company’s 2023 Equity Incentive Plan and vested in full on May 1, 2026. Each restricted share converts into one ordinary share, giving Li direct ownership of 2,856 ordinary shares following this compensation-related award.

Positive

  • None.

Negative

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Insider Li Mengmeng
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Ordinary Shares (represented by American Depositary Shares) 2,856 $0.00 --
Holdings After Transaction: Ordinary Shares (represented by American Depositary Shares) — 2,856 shares (Direct, null)
Footnotes (1)
  1. Each American Depositary Share ("ADS") represents four ordinary shares of the issuer, par value US$0.00002 per share. Vesting of performance-based restricted shares. Each restricted share represents a contingent right to receive one ordinary share of the Issuer. These performance-based restricted shares were granted by the Issuer on January 5, 2023 pursuant to 2023 Equity Incentive Plan, which vested in full on May 1, 2026. These performance-based restricted shares are being reported for the first time on this Form 4 in connection with their vesting
Shares acquired 2,856 ordinary shares Vesting of performance-based restricted shares on May 1, 2026
Price per share 0.0000 per share Grant/award acquisition, non-cash equity compensation
Shares held after transaction 2,856 ordinary shares Direct ownership by CFO following vesting
ADS to ordinary share ratio 1 ADS = 4 ordinary shares Structure of JinkoSolar American Depositary Shares
Grant date of performance shares January 5, 2023 Grant under 2023 Equity Incentive Plan
Vesting date May 1, 2026 Full vesting of performance-based restricted shares
performance-based restricted shares financial
"Vesting of performance-based restricted shares. Each restricted share represents a contingent right to receive one ordinary share"
Performance-based restricted shares are company stock grants that only become the recipient’s to keep if the business or individual meets specific financial or operational targets over time. For investors, they matter because they align management pay with company results—encouraging goal-focused decisions—but can also affect share count and reported earnings if many shares are earned and issued.
2023 Equity Incentive Plan financial
"These performance-based restricted shares were granted by the Issuer on January 5, 2023 pursuant to 2023 Equity Incentive Plan"
American Depositary Share financial
"Each American Depositary Share ("ADS") represents four ordinary shares of the issuer"
An American Depositary Share (ADS) is a U.S.-listed certificate that represents a specified number of shares in a foreign company, held by a custodian bank; it works like a receipt that allows U.S. investors to buy and trade foreign equity on American exchanges without dealing with another country’s markets. Investors care because ADSs make foreign stocks easier to access, improve liquidity and settlement in dollars, and can affect dividend payments, voting rights and regulatory oversight compared with buying the underlying foreign shares directly.
vesting financial
"which vested in full on May 1, 2026. These performance-based restricted shares are being reported"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Li Mengmeng

(Last)(First)(Middle)
1 YINGBIN ROAD
SHANGRAO ECONOMIC DEVELOPMENT ZONE

(Street)
JIANGXI334100

(City)(State)(Zip)

CHINA

(Country)
2. Issuer Name and Ticker or Trading Symbol
JinkoSolar Holding Co., Ltd. [ JKS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares (represented by American Depositary Shares)(1)05/01/2026A2,856(2)A$0(2)2,856D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Each American Depositary Share ("ADS") represents four ordinary shares of the issuer, par value US$0.00002 per share.
2. Vesting of performance-based restricted shares. Each restricted share represents a contingent right to receive one ordinary share of the Issuer. These performance-based restricted shares were granted by the Issuer on January 5, 2023 pursuant to 2023 Equity Incentive Plan, which vested in full on May 1, 2026. These performance-based restricted shares are being reported for the first time on this Form 4 in connection with their vesting
/s/ Mengmeng Li05/04/2026
** Signature of Reporting PersonDate
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 4 (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 4: SEC 1474 (03-26)

FAQ

What insider transaction did JinkoSolar (JKS) report for CFO Li Mengmeng?

JinkoSolar reported a compensation-related share acquisition for its CFO. Li Mengmeng received 2,856 ordinary shares when performance-based restricted shares granted in 2023 vested on May 1, 2026, increasing her direct holdings to 2,856 ordinary shares as part of the company’s equity incentive program.

How many JinkoSolar (JKS) shares did the CFO acquire in this Form 4?

The CFO acquired 2,856 ordinary shares. These came from the full vesting of performance-based restricted shares granted on January 5, 2023 under JinkoSolar’s 2023 Equity Incentive Plan, with each restricted share converting into one ordinary share upon vesting on May 1, 2026.

Was the JinkoSolar (JKS) CFO transaction an open-market purchase or a grant?

The transaction was a grant/award acquisition, not an open-market trade. The 2,856 ordinary shares were received at a price of 0.0000 per share when previously granted performance-based restricted shares vested, reflecting equity compensation rather than a market purchase or sale.

What equity plan is referenced in the JinkoSolar (JKS) CFO Form 4 filing?

The shares vest under JinkoSolar’s 2023 Equity Incentive Plan. Performance-based restricted shares granted to CFO Li Mengmeng on January 5, 2023 vested in full on May 1, 2026, resulting in the issuance of 2,856 ordinary shares as part of her long-term incentive compensation.

How do JinkoSolar (JKS) restricted shares reported here convert into ordinary shares?

Each performance-based restricted share converts into one ordinary share. Upon vesting on May 1, 2026, the restricted shares granted in 2023 under the 2023 Equity Incentive Plan turned into 2,856 ordinary shares, which are now directly owned by CFO Li Mengmeng.