LexinFintech (LX) CEO details options, RSUs and major indirect stakes

Rhea-AI Filing Summary

LexinFintech Holdings Ltd. director and Chief Executive Officer Xiao Wenjie filed an initial statement of beneficial ownership, detailing his equity position in the company. The filing lists direct holdings of Class A ordinary shares, restricted share units (RSUs), and stock options, as well as large indirect stakes held through Installment Payment Investment Inc.

Direct derivative positions include options over 200,000 and 83,334 Class A ordinary shares at an exercise price of $0.50 per share and 200,000 Class A ordinary shares at $1.51 per share, with expirations between 2029 and 2033. He also holds RSUs over 87,500, 60,000 and 18,000 Class A ordinary shares, which vest in installments in 2026–2028 and have no expiration date. Indirectly, Installment Payment Investment Inc. holds 71,342,227 Class B ordinary shares and 6,689,076 American depositary shares, each representing two Class A ordinary shares.

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

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1. Name and Address of Reporting Person^*

Xiao Wenjie

(Last) (First) (Middle)

27/F CES TOWER

NO. 3099 KEYUAN SOUTH ROAD

(Street)

SHENZHEN CHINA 518057

(City) (State) (Zip)

CHINA

(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)

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

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)
Class B ordinary shares	71,342,227	I	By Installment Payment Investment Inc.
American depostiary shares(1)	6,689,076	I	By Installment Payment Investment Inc
Class A ordinary shares(2)	87,500	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
Options (right to buy)	10/01/2023	10/25/2029	Class A ordinary shares	200,000	$0.5	D
Options (right to buy)	01/15/2023	01/15/2031	Class A ordinary shares	83,334	$0.5	D
Options (right to buy)	(3)	03/03/2033	Class A ordinary shares	200,000	$1.51	D
Restricted Share Units	(4)	(4)	Class A ordinary shares	87,500	(5)	D
Restricted Share Units	(6)	(6)	Class A ordinary shares	60,000	(5)	D
Restricted Share Units	(7)	(7)	Class A ordinary shares	18,000	(5)	D

Explanation of Responses:

1. Each American depositary shares represents two Class A ordinary shares.

2. Acquired upon vesting of restricted shares units and held in the form of American depositary shares, each representing two Class A ordinary shares.

3. These options were granted on March 3, 2023. 150,000 of these options were vested as of the date hereof. The remaining 50,000 options will vest on March 3, 2027.

4. These restricted share units were granted on December 29, 2023 and will will vest in equal installments on December 1, 2026 and 2027. They do not have an expiration date.

5. Each restricted share unit represents contingent rights to receive one Class A ordinary share.

6. These restricted share units were granted on February 13, 2026 and will vest in equal installments on February 13, 2027 and 2028. They do not have an expiration date.

7. These restricted share units were granted on February 13, 2026 and will vest on February 13, 2028. They do not have an expiration date.

	/s/ Wenjie Xiao	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)

FAQ

What does LexinFintech (LX) CEO Xiao Wenjie report in this Form 3?

He reports his initial beneficial ownership in LexinFintech, including options, restricted share units, direct Class A ordinary shares, and large indirect holdings of Class B shares and American depositary shares held through Installment Payment Investment Inc., establishing his overall equity position in the company.

How many stock options does Xiao Wenjie hold in LexinFintech (LX)?

He holds options linked to 200,000 and 83,334 Class A ordinary shares at an exercise price of $0.50 per share and 200,000 Class A ordinary shares at $1.51 per share, with expirations ranging from 2029 to 2033, all reported as directly owned derivative positions.

What restricted share units are reported for LexinFintech (LX) CEO Xiao Wenjie?

He reports RSUs tied to 87,500, 60,000 and 18,000 Class A ordinary shares. These RSUs were granted in 2023 and 2026 and are scheduled to vest in equal installments during 2026–2028, with each RSU representing a contingent right to receive one Class A ordinary share.

What indirect holdings in LexinFintech (LX) are attributed to Installment Payment Investment Inc.?

Installment Payment Investment Inc. is shown holding 71,342,227 Class B ordinary shares and 6,689,076 American depositary shares. The filing notes these are indirect holdings associated with Xiao Wenjie, with each American depositary share representing two Class A ordinary shares of LexinFintech.

Does this LexinFintech (LX) Form 3 show any insider buying or selling?

No insider buying or selling is shown. The entries are labeled as holdings rather than transactions, with no buy or sell codes reported. The Form 3 serves to disclose Xiao Wenjie’s existing equity interests, not new market trades or changes in ownership.

How do the RSUs and options for LexinFintech (LX) CEO vest over time?

One option grant vested partly by the filing date, with remaining options vesting by March 3, 2027. RSUs granted in December 2023 vest on December 1, 2026 and 2027, while RSUs granted in February 2026 vest on February 13, 2027 and 2028, according to the footnotes.