Xu Wei receives 800,000 option grant at 36Kr (NASDAQ: KRKR)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
36Kr Holdings Inc. granted director Xu Wei an employee share option covering 800,000 Class A ordinary shares on July 1, 2026. The options carry an exercise price of $0.0001 per share and expire on June 30, 2037.
These options vest in equal installments over a four-year period, meaning Xu Wei earns the right to exercise a portion each year rather than all at once. Following this grant, Xu Wei holds derivative rights over 2,175,000 shares directly, reflecting compensation rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
1 transaction reported
Mixed
1 txn
Insider
Xu Wei
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Share Option | 800,000 | $0.0001 | $80.00 |
Holdings After Transaction:
Employee Share Option — 2,175,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 800,000 options
Exercise price: $0.0001 per share
Expiration date: June 30, 2037
+3 more
6 metrics
Option grant size
800,000 options
Employee share option granted July 1, 2026
Exercise price
$0.0001 per share
Strike price of employee share option
Expiration date
June 30, 2037
Option expiration for granted employee share option
Underlying shares
800,000 Class A ordinary shares
Underlying security for the option grant
Total derivative holdings
2,175,000 shares
Total derivative shares following transaction
Vesting period
4 years
Options vest in equal installments over four years
Key Terms
Employee Share Option, Class A Ordinary Shares, exercise price, vesting
4 terms
exercise price financial
"transaction_price_per_share: "0.0001" as exercise price per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"options were granted on July 1st, 2026, and vest in equal installments"
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 did Xu Wei receive in the latest 36Kr (KRKR) Form 4 filing?
Xu Wei received an employee share option covering 800,000 Class A ordinary shares. The option was granted as compensation, not a market purchase, and is tied to future vesting over several years.
What are the key terms of Xu Wei’s 36Kr (KRKR) option grant?
The grant covers 800,000 Class A ordinary shares at an exercise price of $0.0001 per share. The options expire on June 30, 2037, giving a long window for potential exercise.
How do Xu Wei’s 36Kr (KRKR) options vest over time?
The options granted on July 1, 2026 vest in equal installments over a four-year period. This structure encourages longer-term alignment, as full exercise rights are obtained only gradually each year.
Is Xu Wei’s 36Kr (KRKR) Form 4 transaction a stock purchase or sale?
The transaction is a grant of employee share options, not an open-market stock purchase or sale. It reflects equity-based compensation awarded by the company rather than Xu Wei trading existing shares.