Performance shares vest for JinkoSolar (NYSE: JKS) CFO Li Mengmeng
Filing Impact
Filing Sentiment
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
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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
Key Figures
Shares acquired: 2,856 ordinary shares
Price per share: 0.0000 per share
Shares held after transaction: 2,856 ordinary shares
+3 more
6 metrics
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
Key Terms
performance-based restricted shares, 2023 Equity Incentive Plan, American Depositary Share, vesting
4 terms
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"
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.
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.
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.