MOGU director Chen Qi buys 7,281 ADS at $1.99

Chen Qi, a director of MOGU Inc., reported purchasing 7,281 American Depositary Shares (ADS) at $1.99 per ADS on July 13, 2026.

Rhea-AI Filing Summary

Chen Qi, a director of MOGU Inc., reported purchasing 7,281 American Depositary Shares (ADS) at $1.99 per ADS on July 13, 2026. After this trade, he directly holds 926,168 ADS and 10,672,523 Class A ordinary shares, and indirectly holds 83,082,038 and 220,151,966 Class B ordinary shares through Elevenhalf MG Holding Limited and Elevenhalf MG International Limited. Each ADS represents 300 Class A ordinary shares.

Insider Trade Summary

Net Buyer: 7,281 shares

Net Buy 4 txns

Insider Chen Qi

Role Director

Bought 7,281 shs ($14K)

Type	Security	Shares	Price	Value
Purchase	American Depositary Shares F1	7,281	$1.99	$14K
holding	Class A Ordinary Shares	--	--	--
holding	Class B Ordinary Shares	--	--	--
holding	Class B Ordinary Shares	--	--	--

Holdings After Transaction: American Depositary Shares — 926,168 shares (Direct); Class A Ordinary Shares — 10,672,523 shares (Direct); Class B Ordinary Shares — 220,151,966 shares (Indirect, Elevenhalf MG International Limited); Class B Ordinary Shares — 83,082,038 shares (Indirect, Elevenhalf MG Holding Limited)

Footnotes (1)

1. F1. Every ADS represent 300 Class A ordinary shares.

Key Figures

ADS Purchased: 7,281 ADS Purchase Price per ADS: $1.99 ADS Held After Transaction: 926,168 ADS +4 more

7 metrics

ADS Purchased 7,281 ADS American Depositary Shares bought on July 13, 2026

Purchase Price per ADS $1.99 Price for the 7,281 ADS purchase on July 13, 2026

ADS Held After Transaction 926,168 ADS Total American Depositary Shares directly owned by Chen Qi after the purchase

Class A Ordinary Shares Held 10,672,523 shares Class A ordinary shares directly owned by Chen Qi

Class B Shares via Elevenhalf MG Holding Limited 83,082,038 shares Class B ordinary shares held indirectly through Elevenhalf MG Holding Limited

Class B Shares via Elevenhalf MG International Limited 220,151,966 shares Class B ordinary shares held indirectly through Elevenhalf MG International Limited

ADS to Class A Share Ratio 1 ADS : 300 Class A shares Ratio stated in footnote for MOGU American Depositary Shares

Key Terms

American Depositary Shares, Class A Ordinary Shares, Class B Ordinary Shares, indirect ownership, +1 more

5 terms

American Depositary Shares financial

"Chen Qi reported purchasing American Depositary Shares (ADS) at $1.99 per ADS"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

Class A Ordinary Shares financial

"He directly holds 10,672,523 Class A ordinary shares"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

Class B Ordinary Shares financial

"He indirectly holds 83,082,038 and 220,151,966 Class B ordinary shares"

Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.

indirect ownership financial

"Indirect ownership reported through Elevenhalf MG Holding Limited and Elevenhalf MG International Limited"

Rule 10b5-1 regulatory

"The filing’s Rule 10b5-1 checkbox is not marked for this transaction"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

What insider transaction did Chen Qi report for MOGU (MOGU)?

Chen Qi reported buying 7,281 American Depositary Shares of MOGU at $1.99 per ADS on July 13, 2026. This is a reported purchase transaction, increasing his directly held ADS position as disclosed in the Form 4 filing.

How many MOGU (MOGU) American Depositary Shares does Chen Qi own after this trade?

After the reported purchase, Chen Qi directly owns 926,168 American Depositary Shares of MOGU. This total reflects his ADS holdings following the acquisition of 7,281 ADS at $1.99 each on July 13, 2026, as stated in the filing.

What other MOGU (MOGU) shareholdings does Chen Qi report besides ADS?

Chen Qi reports direct ownership of 10,672,523 Class A ordinary shares. He also reports indirect ownership of 83,082,038 Class B ordinary shares through Elevenhalf MG Holding Limited and 220,151,966 Class B ordinary shares through Elevenhalf MG International Limited.

Were Chen Qi’s MOGU (MOGU) transactions executed under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked, and no footnote describes a trading plan. Based on the disclosed data, the reported purchase of 7,281 ADS at $1.99 is not identified as being made under a Rule 10b5-1 plan.

What is the ADS-to-share ratio for MOGU (MOGU) in Chen Qi’s filing?

According to the footnote, each MOGU American Depositary Share represents 300 Class A ordinary shares. This ratio applies to the reported purchase of 7,281 ADS and to the total of 926,168 ADS held directly by Chen Qi after the transaction.

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Available on EDGAR 07/17/2026 - 07:48 AM Accepted by SEC EDGAR 07/17/2026 - 07:48 AM Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Chen Qi

(Last) (First) (Middle)

MINGQI CENTER, 8/F BUILDING NO. 1

NO. 666 ZHENHUA ROAD

(Street)

HANGZHOU 310000

(City) (State) (Zip)

CHINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
MOGU Inc. [ MOGU ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/13/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
American Depositary Shares(1)	07/13/2026		P		7,281	A	$1.99	926,168	D
Class A Ordinary Shares								10,672,523	D
Class B Ordinary Shares								220,151,966	I	Elevenhalf MG International Limited
Class B Ordinary Shares								83,082,038	I	Elevenhalf MG Holding Limited

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Every ADS represent 300 Class A ordinary shares.

	Qi Chen	07/17/2026
	** 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 4 (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 4: SEC 1474 (03-26)