MOGU director buys 15,000 ADS in open market

MOGU Inc. director Chen Qi reported an open-market purchase of 15,000 American Depositary Shares (ADS) at $1.675 per ADS.

Rhea-AI Filing Summary

MOGU Inc. director Chen Qi reported an open-market purchase of 15,000 American Depositary Shares (ADS) at $1.675 per ADS. After this trade, Chen Qi directly holds 911,168 ADS, in addition to 10,672,523 Class A Ordinary Shares held directly.

Chen Qi 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. A footnote states that each ADS represents 300 Class A ordinary shares, linking the ADS position to the underlying equity.

Insider Trade Summary

Net Buyer: 15,000 shares

Net Buy 4 txns

Insider Chen Qi

Role Director

Bought 15,000 shs ($25K)

Type	Security	Shares	Price	Value
Purchase	American Depositary Shares	15,000	$1.675	$25K
holding	Class A Ordinary Shares	--	--	--
holding	Class B Ordinary Shares	--	--	--
holding	Class B Ordinary Shares	--	--	--

Holdings After Transaction: American Depositary Shares — 911,168 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: 15,000 ADS Purchase price: $1.675 per ADS ADS held after transaction: 911,168 ADS +4 more

7 metrics

ADS purchased 15,000 ADS Open-market purchase at $1.675 per ADS

Purchase price $1.675 per ADS Open-market transaction

ADS held after transaction 911,168 ADS Direct ownership after purchase

Direct Class A Ordinary Shares 10,672,523 shares Direct ownership position

Indirect Class B via Elevenhalf MG Holding 83,082,038 shares Indirect ownership

Indirect Class B via Elevenhalf MG International 220,151,966 shares Indirect ownership

ADS to Class A ratio 1 ADS : 300 Class A Footnote conversion ratio

Key Terms

American Depositary Shares, open-market purchase, Class A Ordinary Shares, Class B Ordinary Shares, +1 more

5 terms

American Depositary Shares financial

"Chen Qi reported an open-market purchase of 15,000 American Depositary Shares (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.

open-market purchase financial

"15,000 American Depositary Shares (ADS) at $1.675 per ADS in an open-market purchase"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

Class A Ordinary Shares financial

"Chen Qi directly holds 911,168 ADS, in addition to 10,672,523 Class A Ordinary Shares held directly"

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

"indirect ownership of 83,082,038 Class B Ordinary Shares through Elevenhalf MG Holding Limited"

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

"Chen Qi also reports indirect ownership of 83,082,038 Class B Ordinary Shares"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

Chen Qi reported buying 15,000 American Depositary Shares of MOGU at $1.675 per ADS in an open-market transaction. This acquisition increases his direct ADS holdings and signals additional personal capital committed to the company’s equity.

How many MOGU ADS does Chen Qi hold after this Form 4 filing?

After the reported transaction, Chen Qi directly holds 911,168 MOGU American Depositary Shares. This figure reflects his updated ADS position following the 15,000-share open-market purchase at $1.675 per ADS disclosed in the Form 4.

What other MOGU share classes does Chen Qi own besides ADS?

Beyond ADS, Chen Qi directly owns 10,672,523 Class A Ordinary Shares of MOGU. He also has indirect ownership of large blocks of Class B Ordinary Shares through entities Elevenhalf MG Holding Limited and Elevenhalf MG International Limited, as disclosed in the filing.

How many MOGU Class B Ordinary Shares are indirectly owned by Chen Qi?

Chen Qi reports indirect ownership of 83,082,038 MOGU Class B Ordinary Shares via Elevenhalf MG Holding Limited and 220,151,966 Class B Ordinary Shares via Elevenhalf MG International Limited. These positions reflect substantial voting and economic exposure through affiliated entities.

What is the relationship between MOGU ADS and Class A Ordinary Shares?

Each MOGU American Depositary Share represents 300 Class A Ordinary Shares, according to the Form 4 footnote. This ratio links the U.S.-traded ADS to the underlying Class A equity and helps investors understand the economic exposure per ADS.

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

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Accepted by SEC EDGAR 07/01/2026 - 06:05 AM EDT 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)
06/30/2026

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)	06/30/2026	06/30/2026	P	V	15,000	A	$1.675	911,168	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	07/01/2026
	** 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)