Kingsoft Cloud (KC) acting CEO reports sale of 300,000 shares
Rhea-AI Filing Summary
Kingsoft Cloud Holdings Ltd director and Acting Chief Executive Officer Zou Tao reported selling a total of 300,000 Ordinary Shares on July 17, 2026, in two non-derivative transactions coded as sales in open market or private transactions at prices of US$0.6459 and US$0.6370 per share. The sale prices were reported in U.S. dollars after conversion from Hong Kong dollars at a rate of HK$7.8499 to US$1.00.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 300,000 shares
Net Sell
2 txns
Insider
Zou Tao
Role
Acting Chief Executive Officer
Sold
300,000 shs ($191K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1 | 26,000 | $0.6459 | $17K |
| Sale | Ordinary Shares F1 | 274,000 | $0.637 | $175K |
Holdings After Transaction:
Ordinary Shares — 1,700,000 shares (Direct)
Footnotes (1)
- F1. The sales prices reported herein were converted from Hong Kong dollars to United States dollars at a conversion price of HK$7.8499 to US$1.00.
Key Figures
Shares sold: 26,000 Ordinary Shares
Shares sold: 274,000 Ordinary Shares
Total shares sold: 300,000 Ordinary Shares
+1 more
4 metrics
Shares sold
26,000 Ordinary Shares
Non-derivative sale on July 17, 2026 at US$0.6459 per share by Zou Tao
Shares sold
274,000 Ordinary Shares
Non-derivative sale on July 17, 2026 at US$0.6370 per share by Zou Tao
Total shares sold
300,000 Ordinary Shares
Aggregate non-derivative Ordinary Share sales reported for July 17, 2026
FX conversion rate
HK$7.8499 to US$1.00
Rate used to convert Hong Kong dollar sale prices into U.S. dollars
Key Terms
Ordinary Shares, Sale in open market or private transaction, conversion price
3 terms
Sale in open market or private transaction market
"Transaction code S described as Sale in open market or private transaction"
conversion price financial
"Converted from Hong Kong dollars at a conversion price of HK$7.8499"
The conversion price is the fixed price at which a convertible security, like a bond or preferred stock, can be exchanged for shares of common stock. It acts like a set rate that determines how many shares an investor can receive if they choose to convert their investment. This helps investors understand the value and potential benefits of converting their securities into company shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
When did the insider sales by Kingsoft Cloud (KC) executive Zou Tao occur?
Both reported transactions occurred on July 17, 2026. On that date, Zou Tao sold 26,000 Ordinary Shares at US$0.6459 per share and 274,000 Ordinary Shares at US$0.6370 per share, all categorized as non-derivative sales in open market or private transactions.
What is Zou Tao’s position at Kingsoft Cloud (KC) in this insider report?
Zou Tao is identified as an officer and director of Kingsoft Cloud, serving as Acting Chief Executive Officer. The Form 4 indicates he is not marked as a ten percent owner but is both a director and an executive officer for the issuer.
Were any derivative securities involved in Zou Tao’s Kingsoft Cloud (KC) transactions?
No. The reported transactions are classified as non-derivative and involve only Ordinary Shares. The transaction summary shows zero derivative transactions and the derivative summary section is empty, indicating no options or other derivative securities were reported in this insider filing.