JinkoSolar director awarded 771,428 restricted shares

JinkoSolar Holding Co., Ltd. director Li Xianhua, through Peaky Investments Limited, reported the vesting of 771,428 performance-based restricted ordinary shares.

Rhea-AI Filing Summary

JinkoSolar Holding Co., Ltd. director Li Xianhua, through Peaky Investments Limited, reported the vesting of 771,428 performance-based restricted ordinary shares. These shares were granted on January 5, 2023 under the company’s 2023 Equity Incentive Plan and vested in full on May 1, 2026.

After this grant/award acquisition, Peaky Investments Limited indirectly holds 11,629,612 ordinary shares. A separate line shows indirect holdings of 40,000 American Depositary Shares, which the filing describes as previously reported ADSs.

Insider Trade Summary

Grant/Award: 771,428 shares

Grant/Award 2 txns

Insider LI XIANHUA

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Ordinary Shares	771,428	$0.00	$0.00
holding	Ordinary Shares (represented by American Depositary Shares)	--	--	--

Holdings After Transaction: Ordinary Shares — 11,629,612 shares (Indirect, By Peaky Investments Limited); Ordinary Shares (represented by American Depositary Shares) — 40,000 shares (Indirect, By Peaky Investments Limited)

Footnotes (3)

1. F1. 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.
2. F2. Each American Depositary Share ("ADS") represents four ordinary shares of the Issuer, par value US$0.00002 per share.
3. F3. Represents previously reported ADSs.

Key Figures

Performance-based restricted shares vested: 771,428 ordinary shares Award price per share: $0.0000 per share Indirect ordinary share holdings: 11,629,612 ordinary shares +1 more

4 metrics

Performance-based restricted shares vested 771,428 ordinary shares Granted January 5, 2023; vested May 1, 2026

Award price per share $0.0000 per share Grant/award acquisition under 2023 Equity Incentive Plan

Indirect ordinary share holdings 11,629,612 ordinary shares Total indirectly held after vesting, by Peaky Investments Limited

Previously reported ADS holdings 40,000 ADS Indirect holdings described as previously reported ADSs

Key Terms

performance-based restricted shares, 2023 Equity Incentive Plan, American Depositary Share ("ADS")

3 terms

performance-based restricted shares financial

"Vesting of performance-based restricted shares. Each restricted share represents"

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

"were granted by the Issuer on January 5, 2023 pursuant to 2023 Equity Incentive Plan"

American Depositary Share ("ADS") financial

"Each American Depositary Share ("ADS") represents four ordinary shares"

An American Depositary Share (ADS) is a U.S.-listed certificate issued by a U.S. bank that represents one or more ordinary shares of a foreign company, letting U.S. investors buy and sell that foreign stock in dollars on U.S. markets. It matters because ADSs make access to overseas companies easier and more convenient—like a local ticket that stands in for a foreign product—while affecting liquidity, dividend payments, currency conversion and the regulatory disclosures investors rely on.

FAQ

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

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

JinkoSolar reported that director Li Xianhua, via Peaky Investments Limited, received 771,428 performance-based restricted ordinary shares. These shares vested on May 1, 2026 and are recorded as a grant or award, not an open-market purchase or sale.

How many JinkoSolar shares does Peaky Investments Limited hold after this Form 4?

Following the reported vesting, Peaky Investments Limited holds 11,629,612 JinkoSolar ordinary shares indirectly. The filing also lists 40,000 American Depositary Shares as previously reported holdings, all attributed as indirect ownership related to director Li Xianhua.

What are the terms of the performance-based restricted shares for JinkoSolar (JKS)?

The performance-based restricted shares were granted on January 5, 2023 under JinkoSolar’s 2023 Equity Incentive Plan. Each restricted share represents a contingent right to receive one ordinary share and vested in full on May 1, 2026, triggering the Form 4 reporting.

Was there any purchase price for Li Xianhua’s JinkoSolar share award?

The Form 4 shows 771,428 ordinary shares acquired at a price per share of 0.0000. This indicates a compensation-related grant or award under the equity plan rather than an open-market transaction in JinkoSolar shares by the reporting person.

What does JinkoSolar’s Form 4 say about its American Depositary Shares (ADS)?

The filing states that each American Depositary Share represents four ordinary shares of JinkoSolar. It also notes that the 40,000 ADS reported are previously reported ADSs, separate from the newly vested performance-based restricted ordinary shares.

How is ownership of JinkoSolar (JKS) shares attributed in this Form 4?

All reported holdings are indirect, listed as held "By Peaky Investments Limited." The Form 4 attributes the transactions and positions to this entity associated with director Li Xianhua, rather than direct personal ownership in his own name.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/04/2026 - 07:19 AM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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 XIANHUA

(Last) (First) (Middle)

1 YINGBIN ROAD

SHANGRAO ECONOMIC DEVELOPMENT ZONE

(Street)

JIANGXI 334100

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	05/01/2026		A		771,428(1)	A	$0(1)	11,629,612	I	By Peaky Investments Limited
Ordinary Shares (represented by American Depositary Shares)(2)								40,000(3)	I	By Peaky Investments Limited

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

2. Each American Depositary Share ("ADS") represents four ordinary shares of the Issuer, par value US$0.00002 per share.

3. Represents previously reported ADSs.

	/s/ Xianhua Li	05/04/2026
	** 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 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)