Luckin Coffee (LKNCY) executive reports significant ADS ownership
Rhea-AI Filing Summary
Luckin Coffee Inc. director and senior vice president Cao Wenbao filed an initial statement of beneficial ownership showing holdings of the company’s American Depositary Shares (ADSs). The filing reports 1,185,701 ADSs held indirectly by a trust and 340,482 ADSs held directly.
Each ADS represents eight Class A ordinary shares, so this Form 3 gives investors a clear view of Cao’s equity stake at the time of the filing without disclosing any new buy or sell transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Cao Wenbao
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | American Depositary Shares | -- | -- | -- |
| holding | American Depositary Shares | -- | -- | -- |
Holdings After Transaction:
American Depositary Shares — 1,185,701 shares (Indirect, By Trust);
American Depositary Shares — 340,482 shares (Direct)
Footnotes (1)
- F1. Each American Depositary Share ("ADS") represents eight Class A Ordinary Shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Luckin Coffee (LKNCY) disclose in Cao Wenbao’s Form 3?
The Form 3 discloses Cao Wenbao’s existing ownership of Luckin Coffee American Depositary Shares. It reports 1,185,701 ADSs held indirectly through a trust and 340,482 ADSs held directly, giving a snapshot of his stake when he became a reporting insider.
How many Luckin Coffee (LKNCY) ADSs does Cao Wenbao own directly and indirectly?
Cao Wenbao is shown holding 340,482 Luckin Coffee ADSs directly and 1,185,701 ADSs indirectly through a trust. These figures represent his reported beneficial ownership at the time of the Form 3 filing, rather than new market transactions.
Are there any buy or sell transactions in this Luckin Coffee (LKNCY) Form 3?
No buy or sell transactions are reported. The Form 3 lists holdings only, with two entries labeled as holdings and unknown transaction codes, indicating this is an initial disclosure of existing ADS positions rather than a record of recent trades.
How are Luckin Coffee (LKNCY) ADSs structured for Cao Wenbao’s holdings?
Each Luckin Coffee American Depositary Share represents eight Class A ordinary shares. Cao Wenbao’s reported ADS positions, both direct and through a trust, therefore correspond to a larger underlying ordinary share interest, although the filing focuses on the ADS counts themselves.
What types of ownership are reported for Luckin Coffee (LKNCY) insider Cao Wenbao?
The filing shows both indirect and direct ownership. Indirect ownership covers 1,185,701 ADSs held "By Trust," while direct ownership covers 340,482 ADSs in his own name. This distinction clarifies how his reported stake is structured across entities.