Wenjie Xiao increases disclosure to 85.2M shares at LexinFintech (NASDAQ: LX)

Rhea-AI Filing Summary

LexinFintech Holdings Ltd. reports a Schedule 13G/A amendment showing 85,241,213 ordinary shares beneficially owned by Wenjie Xiao as of filings signed 05/15/2026. The filing states this represents 25.8% of the class based on 329,576,547 ordinary shares outstanding as of February 28, 2026. The disclosed holdings combine 13,378,152 Class A ordinary shares, 71,342,227 Class B ordinary shares held through Installment Payment Investment Inc. via The JX Chen Family Trust, 87,500 Class A shares held directly, and 433,334 Class A shares issuable upon option exercise within 60 days after March 18, 2026.

Insights

Corporate Governance Analyst

Disclosure shows concentrated voting and dispositive power by Wenjie Xiao through direct and trust-held positions.

The filing lists 85,241,213 shares and 25.8% ownership based on February 28, 2026 outstanding shares. It attributes voting and dispositive power to Mr. Xiao and to Installment Payment Investment Inc., reflecting common family-trust aggregation.

Key dependencies are the trust structure and the 433,334 options exercisable within 60 days after March 18, 2026; subsequent filings will show any post-exercise ownership adjustments.

Securities Compliance Specialist

Amendment clarifies beneficial ownership breakdown and cites Form 20-F figures for outstanding share base.

The statement ties the 25.8% calculation to the issuer's Form 20-F reporting 329,576,547 shares outstanding as of February 28, 2026. It explicitly attributes shares held by Installment Payment Investment Inc. to the JX Chen Family Trust beneficiaries.

Compliance note: the filing provides precise vote/disposition counts and an "as of" anchor; future Form 4 or 13D/A would be needed if control intentions change.

Key Figures

Beneficially owned: 85,241,213 shares Ownership percent: 25.8% Shares outstanding: 329,576,547 shares +4 more

7 metrics

Beneficially owned 85,241,213 shares Item 4 beneficial ownership reported in Schedule 13G/A

Ownership percent 25.8% Based on 329,576,547 shares outstanding as of Feb 28, 2026

Shares outstanding 329,576,547 shares Issuer's Form 20-F for fiscal year ended Dec 31, 2025, as of Feb 28, 2026

Class A via Installment 13,378,152 Class A shares Held by Installment Payment Investment Inc. through trust

Class B via Installment 71,342,227 Class B shares Held by Installment Payment Investment Inc. through trust

Options issuable 433,334 Class A shares Issuable upon exercise within 60 days after Mar 18, 2026

Direct holdings 87,500 Class A shares Directly held by Mr. Xiao as of Mar 18, 2026

Key Terms

beneficially owned, ADS, sole dispositive power, Schedule 13G/A

4 terms

beneficially owned regulatory

"Item 4. | Ownership (a) | Amount beneficially owned: 85,241,213"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

ADS market

"Represents (i) 6,689,076 ADSs, representing 13,378,152 Class A ordinary shares"

Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.

sole dispositive power regulatory

"Sole power to dispose or to direct the disposition of: 85,241,213"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Schedule 13G/A regulatory

"(Amendment No. 7 ) LexinFintech Holdings Ltd. Ordinary shares"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

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

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Accepted by SEC EDGAR 05/15/2026 - 05:46 PM Learn about SEC filing dates

FAQ

What stake does Wenjie Xiao report in LexinFintech (LX)?

Wenjie Xiao reports beneficial ownership of 85,241,213 ordinary shares, equal to 25.8% of the class based on 329,576,547 shares outstanding as of February 28, 2026. The amount combines direct, trust-held, and option-issuable shares.

How are Mr. Xiao's shares composed in the Schedule 13G/A?

The filing lists 13,378,152 Class A and 71,342,227 Class B shares held via Installment Payment Investment Inc., plus 87,500 Class A directly and 433,334 Class A issuable upon option exercise within 60 days after March 18, 2026.

What voting and disposition powers are reported?

The Schedule 13G/A states Mr. Xiao has sole voting power and sole dispositive power over 85,241,213 shares with 0 shared voting or dispositive power, per the filing's Item 4 breakdown.

Which outstanding share count is used to calculate the percentage?

The percentage (25.8%) is computed using 329,576,547 ordinary shares outstanding as of February 28, 2026, as reported in the issuer's Form 20-F for the fiscal year ended December 31, 2025.

Does the filing indicate who benefits from the trust-held shares?

Yes. The filing states the beneficiaries of The JX Chen Family Trust are Mr. Jay Wenjie Xiao and his family, and therefore Mr. Xiao may be deemed the beneficial owner of shares held by Installment Payment Investment Inc. through the trust.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 7)

LexinFintech Holdings Ltd.

(Name of Issuer)

Ordinary shares

(Title of Class of Securities)

528877103

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 528877103

1

Names of Reporting Persons

Xiao Wenjie

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CHINA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 85,241,213.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 85,241,213.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

85,241,213.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

25.8 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: Represents (i) 6,689,076 ADSs, representing 13,378,152 Class A ordinary shares and 71,342,227 Class B ordinary shares held by The JX Chen Family Trust through Installment Payment Investment Inc., a company incorporated under the laws of the British Virgin Islands as of March 18, 2026; (ii) 87,500 Class A ordinary shares directly held by Mr. Xiao as of March 18, 2026; and (iii) 433,334 Class A ordinary shares issuable to Mr. Wenjie Xiao upon exercise of options granted to him within 60 days after March 18, 2026. The beneficiaries of The JX Chen Family Trust are Mr. Jay Wenjie Xiao and his family and therefore, Mr. Xiao may be deemed to be the beneficial owner of the shares held by Installment Payment Investment Inc. through the trust.

SCHEDULE 13G

CUSIP Number(s): 528877103

1

Names of Reporting Persons

Installment Payment Investment Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

VIRGIN ISLANDS, BRITISH

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 84,720,379.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 84,720,379.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

84,720,379.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

25.7 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: Represents 13,378,152 Class A ordinary shares and 71,342,227 Class B ordinary shares.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: LexinFintech Holdings Ltd.
(b)	Address of issuer's principal executive offices: 27/F, CES TOWER, 3099 KE YUAN SOUTH ROAD, 27/F, CES TOWER, 3099 KE YUAN SOUTH ROAD, SHENZHEN, CHINA, 518057
Item 2.
(a)	Name of person filing: Wenjie Xiao Installment Payment Investment Inc.
(b)	Address or principal business office or, if none, residence: Wenjie Xiao c/o 27/F CES Tower No. 3099 Keyuan South Road Nanshan District, Shenzhen 518057 People's Republic of China Installment Payment Investment Inc. c/o 27/F CES Tower No. 3099 Keyuan South Road Nanshan District, Shenzhen 518057 People's Republic of China
(c)	Citizenship: Wenjie Xiao - People Republic of China; Installment Payment Investment Inc. - British Virgin Islands
(d)	Title of class of securities: Ordinary shares
(e)	CUSIP No.: 528877103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 85,241,213
(b)	Percent of class: 25.8%, based on 329,576,547 ordinary shares outstanding as of February 28, 2026, comprising of (i) 258,234,320 Class A ordinary shares, and (ii) 71,342,227 Class B ordinary shares, as reported in the Issuer's annual report on Form 20-F for the fiscal year ended December 31, 2025.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 85,241,213
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 85,241,213
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Xiao Wenjie

Signature:	/s/ Xiao Wenjie
Name/Title:	Xiao Wenjie
Date:	05/15/2026

Installment Payment Investment Inc.

Signature:	/s/ Xiao Wenjie
Name/Title:	Xiao Wenjie, Director
Date:	05/15/2026