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LexinFintech (LX) director Wang Neng discloses share and RSU stakes

(Neutral)
(Neutral)
Form Type
3

Rhea-AI Filing Summary

LexinFintech Holdings Ltd. director Wang Neng reported his initial equity position. He directly holds 110,000 Class A ordinary shares and restricted share units linked to 60,000 Class A ordinary shares.

Some units were acquired upon vesting and are held as American depositary shares, including 15,000 restricted share units that vest on March 20, 2026. An additional grant made on March 18, 2026 vests in equal installments on March 20, 2027, 2028, 2029 and 2030. Each restricted share unit gives the right to receive one Class A ordinary share.

Positive

  • None.

Negative

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Insider Wang Neng
Role Director
Type Security Shares Price Value
holding Restricted Share Units -- -- --
holding Class A ordinary shares -- -- --
Holdings After Transaction: Restricted Share Units — 60,000 shares (Direct); Class A ordinary shares — 110,000 shares (Direct)
Footnotes (3)
  1. F1. Acquired upon vesting of restricted shares units and held in the form of American depositary shares, each representing two Class A ordinary shares, including 15,000 restricted share units that vest on March 20, 2026.
  2. F2. These restricted share units were granted on March 18, 2026 and will vest in equal installments on March 20, 2027, 2028, 2029 and 2030. They do not have an expiration date.
  3. F3. Each restricted share unit represents contingent rights to receive one Class A ordinary share.

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FAQ

What insider holdings did Wang Neng report in LexinFintech (LX) Form 3?

Wang Neng reported direct ownership of 110,000 Class A ordinary shares of LexinFintech. He also holds restricted share units tied to 60,000 Class A ordinary shares, giving him contingent rights to receive additional equity over time as the units vest.

How many LexinFintech (LX) restricted share units does Wang Neng hold and what do they represent?

He holds restricted share units linked to 60,000 Class A ordinary shares. Each unit represents a contingent right to receive one Class A ordinary share, meaning these units can convert into shares as vesting conditions and timelines disclosed in the filing are met.

What are the key vesting dates for Wang Neng’s LexinFintech (LX) restricted share units?

The filing notes 15,000 restricted share units vest on March 20, 2026. Additional units granted on March 18, 2026 will vest in equal installments on March 20, 2027, 2028, 2029 and 2030, creating a multi-year vesting schedule.

How are some of Wang Neng’s LexinFintech (LX) restricted share units held?

Some restricted share units, once vested, are held in the form of American depositary shares, each representing two Class A ordinary shares. This structure allows the vested equity to trade in depositary share form while still reflecting underlying ordinary share exposure.

What is the exercise price and expiration for Wang Neng’s LexinFintech (LX) restricted share units?

The restricted share units carry an exercise price of 0.0000, indicating no cash payment is required at vesting. The filing states that units granted on March 18, 2026 do not have an expiration date, instead following the specified vesting schedule through 2030.
SEC Form 3
FORM 3UNITED 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*
Wang Neng

(Last)(First)(Middle)
27/F CES TOWER
NO. 3099 KEYUAN SOUTH ROAD

(Street)
SHENZHEN518057

(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
LexinFintech Holdings Ltd. [ LX ]
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)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
Class A ordinary shares(1)110,000D
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 ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units (2) (2)Class A ordinary shares60,000(3)D
Explanation of Responses:
1. Acquired upon vesting of restricted shares units and held in the form of American depositary shares, each representing two Class A ordinary shares, including 15,000 restricted share units that vest on March 20, 2026.
2. These restricted share units were granted on March 18, 2026 and will vest in equal installments on March 20, 2027, 2028, 2029 and 2030. They do not have an expiration date.
3. Each restricted share unit represents contingent rights to receive one Class A ordinary share.
/s/ Neng Wang03/18/2026
** Signature of Reporting PersonDate
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)