Luckin Coffee (LKNCY) director discloses ADS and RSU stakes

Rhea-AI Filing Summary

Luckin Coffee Inc. director Sean Shao reported his initial ownership on a Form 3. He holds 86,651 American Depositary Shares (ADS), each representing eight Class A ordinary shares. He also holds 9,727 restricted share units, each for one ADS, scheduled to vest on May 31, 2026.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Shao Sean

Role Director

Type	Security	Shares	Price	Value
holding	American Depositary Shares	--	--	--
holding	Restricted Share Units	--	--	--

Holdings After Transaction: American Depositary Shares — 86,651 shares (Direct); Restricted Share Units — 9,727 shares (Direct)

Footnotes (2)

1. F1. Each American Depositary Share ("ADS") represents eight Class A Ordinary Shares.
2. F2. Each restricted share unit represents a contingent right to receive one ADS. The restricted share units will vest on May 31, 2026 with no conversion or exercise price.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Understanding Insider Trading Forms →

Accepted by SEC EDGAR 03/18/2026 - 04:09 PM Learn about SEC filing dates

FAQ

What insider holdings did Sean Shao report in Luckin Coffee (LKNCY)?

Sean Shao reported holding 86,651 American Depositary Shares of Luckin Coffee and 9,727 restricted share units. These positions reflect his direct equity and equity-based compensation stake as disclosed in an initial Form 3 ownership filing.

What does each Luckin Coffee (LKNCY) ADS represent for Sean Shao’s holdings?

Each Luckin Coffee American Depositary Share (ADS) represents eight Class A ordinary shares. This means Shao’s 86,651 ADS correspond to a larger underlying number of ordinary shares, as clarified in the filing’s footnote about ADS structure.

When do Sean Shao’s restricted share units in Luckin Coffee (LKNCY) vest?

Sean Shao’s 9,727 restricted share units are scheduled to vest on May 31, 2026. Upon vesting, each unit entitles him to receive one ADS, with no conversion or exercise price required, according to the disclosed terms.

How many restricted share units did Sean Shao report for Luckin Coffee (LKNCY)?

Sean Shao reported 9,727 restricted share units in Luckin Coffee. Each unit represents a contingent right to receive one ADS, subject to vesting on May 31, 2026, providing additional potential equity exposure beyond his current ADS holdings.

Does the Luckin Coffee (LKNCY) Form 3 show any insider buying or selling by Sean Shao?

The Form 3 lists holdings only for Sean Shao, not purchases or sales. It discloses his existing ADS and restricted share unit positions as of the reporting date, serving as an initial statement of beneficial ownership rather than a transaction report.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Shao Sean

(Last) (First) (Middle)

28TH FL, BUILDING T3, HAIXI JINGU PLAZA

1-3 TAIBEI ROAD, SIMING DISTRICT

(Street)

XIAMEN 361008

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Luckin Coffee Inc. [ LKNCY ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

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

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

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
American Depositary Shares(1)	86,651	D
Restricted Share Units(2)	9,727	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Each American Depositary Share ("ADS") represents eight Class A Ordinary Shares.

2. Each restricted share unit represents a contingent right to receive one ADS. The restricted share units will vest on May 31, 2026 with no conversion or exercise price.

	/s/ Sean Shao	03/18/2026
	** 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 5 (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 3: SEC 1473 (03-26)