LightInTheBox (LITB) CEO acquires 4,254,553 shares in private placement

Rhea-AI Filing Summary

LightInTheBox Holding Co., Ltd. reported that Chief Executive Officer and 10% owner He Jian indirectly purchased 4,254,553 Ordinary Shares on August 10, 2026 through Conner Growth Holding Limited, an entity he solely owns. The shares were acquired in a private placement pursuant to a subscription agreement dated July 10, 2026 at a purchase price of $0.2566667 per Ordinary Share, equivalent to $3.08 per American Depositary Share, with each ADS representing twelve Ordinary Shares. Following this transaction, indirect holdings reported for this entity total 4,254,553 Ordinary Shares.

Insider Trade Summary

Net Buyer: 4,254,553 shares

Net Buy 1 txn

Insider He Jian

Role Chief Executive Officer

Bought 4,254,553 shs ($1.09M)

Type	Security	Shares	Price	Value
Purchase	Ordinary Shares, par value $ 0.000067 per share F1, F2	4,254,553	$0.2567	$1.09M

Holdings After Transaction: Ordinary Shares, par value $ 0.000067 per share — 4,254,553 shares (Indirect, By Conner Growth Holding Limited)

Footnotes (2)

1. F1. The reporting person acquired the reported Ordinary Shares indirectly through Conner Growth Holding Limited, an entity controlled by the reporting person, in a private placement by the Issuer pursuant to the terms of a subscription agreement, dated as of July 10, 2026, by and between the Issuer and Conner Growth Holding Limited, at a purchase price of $0.2566667 per Ordinary Share (equivalent to $3.08 per American Depositary Share, each representing twelve (12) Ordinary Shares).
2. F2. The reporting person is the sole beneficial owner of Conner Growth Holding Limited.

Key Figures

Ordinary Shares Purchased: 4,254,553 shares Purchase Price per Ordinary Share: $0.2566667 ADS Price Equivalent: $3.08 per ADS +2 more

5 metrics

Ordinary Shares Purchased 4,254,553 shares Indirect purchase by Conner Growth Holding Limited on August 10, 2026

Purchase Price per Ordinary Share $0.2566667 Private placement pursuant to subscription agreement dated July 10, 2026

ADS Price Equivalent $3.08 per ADS Each ADS represents twelve Ordinary Shares

ADS to Ordinary Share Ratio 12 Ordinary Shares per ADS Equivalence stated for American Depositary Shares

Shares Held After Transaction 4,254,553 shares Indirect holdings through Conner Growth Holding Limited following the purchase

Key Terms

private placement, subscription agreement, American Depositary Share, beneficial owner

4 terms

private placement financial

"acquired the reported Ordinary Shares indirectly...in a private placement by the Issuer"

A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.

subscription agreement financial

"pursuant to the terms of a subscription agreement, dated as of July 10, 2026"

A subscription agreement is a legal contract in which an investor agrees to buy a specific number of a company’s shares or other securities under set terms, including price, payment method and conditions for closing the sale. It matters to investors because it legally locks in their purchase and the company’s obligations, determines ownership percentage and any investor rights, and can include conditions or promises that affect future control or returns—like signing a detailed purchase order for equity.

American Depositary Share financial

"equivalent to $3.08 per American Depositary Share, each representing twelve (12) Ordinary Shares"

An American Depositary Share (ADS) is a U.S.-listed certificate that represents a specified number of shares in a foreign company, held by a custodian bank; it works like a receipt that allows U.S. investors to buy and trade foreign equity on American exchanges without dealing with another country’s markets. Investors care because ADSs make foreign stocks easier to access, improve liquidity and settlement in dollars, and can affect dividend payments, voting rights and regulatory oversight compared with buying the underlying foreign shares directly.

beneficial owner financial

"The reporting person is the sole beneficial owner of Conner Growth Holding Limited"

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/11/2026 - 04:16 PM Accepted by SEC EDGAR 08/11/2026 - 04:15 PM Learn about SEC filing dates

FAQ

What insider transaction did LightInTheBox (LITB) report for CEO He Jian?

CEO He Jian reported an indirect purchase of 4,254,553 Ordinary Shares of LightInTheBox on August 10, 2026. The shares were acquired via Conner Growth Holding Limited in a private placement with the company.

At what price did the LightInTheBox (LITB) CEO acquire the new shares?

The shares were purchased at $0.2566667 per Ordinary Share. This price is stated as equivalent to $3.08 per American Depositary Share (ADS), with each ADS representing twelve Ordinary Shares in LightInTheBox.

How many LightInTheBox (LITB) shares does the CEO hold after this Form 4 transaction?

After the reported transaction, indirect holdings through Conner Growth Holding Limited total 4,254,553 Ordinary Shares. The Form 4 identifies these as indirectly owned and attributes beneficial ownership to CEO He Jian.

Was the LightInTheBox (LITB) CEO’s share purchase made through a private placement?

Yes. The Ordinary Shares were acquired in a private placement by LightInTheBox to Conner Growth Holding Limited. The deal followed a subscription agreement dated July 10, 2026 between the company and that entity.

How are LightInTheBox (LITB) American Depositary Shares related to its Ordinary Shares in this filing?

The filing states each American Depositary Share (ADS) represents twelve (12) Ordinary Shares. The reported purchase price of $0.2566667 per Ordinary Share is described as equivalent to $3.08 per ADS.

Was the LightInTheBox (LITB) CEO’s share purchase under a Rule 10b5-1 trading plan?

No. The document-level indicator for Rule 10b5-1 status is unchecked, and the footnotes do not reference any trading plan. The transaction is described simply as a private placement purchase.

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^*

He Jian

(Last) (First) (Middle)

C/O LIGHTINTHEBOX HOLDING CO., LTD.

4 PANDAN CRESCENT #03-03

(Street)

SINGAPORE 128475

(City) (State) (Zip)

SINGAPORE

(Country)

2. Issuer Name and Ticker or Trading Symbol
LightInTheBox Holding Co., Ltd. [ LITB ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026

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, par value $ 0.000067 per share	08/10/2026		P		4,254,553	A	$0.2567(1)	4,254,553	I	By Conner Growth Holding Limited(2)

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. The reporting person acquired the reported Ordinary Shares indirectly through Conner Growth Holding Limited, an entity controlled by the reporting person, in a private placement by the Issuer pursuant to the terms of a subscription agreement, dated as of July 10, 2026, by and between the Issuer and Conner Growth Holding Limited, at a purchase price of $0.2566667 per Ordinary Share (equivalent to $3.08 per American Depositary Share, each representing twelve (12) Ordinary Shares).

2. The reporting person is the sole beneficial owner of Conner Growth Holding Limited.

	/s/ He Jian	08/11/2026
	** 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)