36Kr (NASDAQ: KRKR) content chief exercises ADS derivative awards

Rhea-AI Filing Summary

36Kr Holdings Inc. director and Chief Content Officer LI YANG SYLVIA reported exercising derivative rights into American Depositary Securities. She acquired 1,501 ADS at $4.28 on March 19 and 100 ADS at $4.43 on March 20. The filing shows small, routine equity-acquisition transactions in her direct holdings.

Insider Trade Summary 10b5-1

2 transactions reported

Mixed 2 txns

Insider LI YANG SYLVIA

Role Chief Content Officer

Type	Security	Shares	Price	Value
Exercise	American Depositary Security	100	$4.43	$443.00
Exercise	American Depositary Security	1,501	$4.28	$6K

Holdings After Transaction: American Depositary Security — 41 shares (Direct)

Footnotes (1)

Key Figures

ADS acquired (first transaction): 1,501 ADS ADS acquired (second transaction): 100 ADS Exercise price (first transaction): $4.28 per ADS +3 more

6 metrics

ADS acquired (first transaction) 1,501 ADS Exercise on 2026-03-19 at $4.28 per ADS

ADS acquired (second transaction) 100 ADS Exercise on 2026-03-20 at $4.43 per ADS

Exercise price (first transaction) $4.28 per ADS Derivative exercise on 2026-03-19

Exercise price (second transaction) $4.43 per ADS Derivative exercise on 2026-03-20

Direct holdings after first transaction 141 ADS Total shares following 2026-03-19 exercise

Direct holdings after second transaction 41 ADS Total shares following 2026-03-20 exercise

Key Terms

American Depositary Security, derivative exercise/conversion, Form 4, Chief Content Officer, +1 more

5 terms

American Depositary Security financial

"The security title reported is "American Depositary Security" for each transaction."

derivative exercise/conversion financial

"Each transaction lists the action as "derivative exercise/conversion" in the filing data."

Form 4 regulatory

"The insider activity is disclosed on a Form 4 insider trading report."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Chief Content Officer financial

"LI YANG SYLVIA is identified with the officer title "Chief Content Officer"."

transaction code M financial

"Both entries use transaction code "M", indicating an exercise or conversion of a derivative security."

Form 4 Insider Transactions: What Each Field Means →

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).

X

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 YANG SYLVIA

(Last) (First) (Middle)

36KR B6 HENGTONG SHANGWUYUAN

(Street)

BEIJING 100000

(City) (State) (Zip)

CHINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
36Kr Holdings Inc. [ KRKR ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

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
American Depositary Security	03/19/2026		M		1,501	D	$4.28	141	D
American Depositary Security	03/20/2026		M		100	D	$4.43	41	D

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:

	/s/ Yang Li	03/30/2026
	** 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)

FAQ

What insider transaction did 36Kr (KRKR) report for LI YANG SYLVIA?

36Kr reported that director and Chief Content Officer LI YANG SYLVIA exercised derivative rights into American Depositary Securities on two dates. These transactions increased her direct ADS holdings through the conversion of derivative awards rather than open-market purchases.

How many 36Kr (KRKR) ADS did LI YANG SYLVIA acquire in this Form 4?

The Form 4 shows LI YANG SYLVIA acquiring 1,501 American Depositary Securities on one date and 100 ADS on another. Both transactions were coded as derivative exercises, meaning she converted existing derivative rights into ADS rather than buying shares in the open market.

At what prices were the 36Kr (KRKR) ADS exercises reported?

The filing reports exercises of American Depositary Securities at $4.28 per ADS for the 1,501-share transaction and $4.43 per ADS for the 100-share transaction. These prices reflect the exercise or conversion prices tied to the derivative awards, not necessarily prevailing market prices.

What were LI YANG SYLVIA’s direct ADS holdings after these 36Kr (KRKR) transactions?

After the 1,501 ADS exercise, the Form 4 shows LI YANG SYLVIA directly holding 141 ADS. After the separate 100 ADS exercise, it shows 41 ADS directly held. These figures provide snapshots of her reported direct ownership following each individual transaction.

Do the 36Kr (KRKR) Form 4 transactions involve open-market buying or selling?

No, both transactions are coded with “M,” indicating exercise or conversion of derivative securities. This means LI YANG SYLVIA acquired American Depositary Securities by exercising derivative awards, rather than by buying or selling ADS directly in the open market.