NIO (NYSE: NIO) EVP Zhou Xin nets shares after 200K RSUs vest and tax withholding
Rhea-AI Filing Summary
NIO Inc. Executive Vice President Zhou Xin reported equity compensation activity involving American depositary shares. On the vesting of 200,000 restricted share units, Zhou exercised derivative securities to receive 200,000 American depositary shares, each representing one Class A ordinary share.
Of these, 100,000 shares were withheld to cover associated taxes at a reference price of $5.60 per share, resulting in a tax-withholding disposition rather than an open-market sale. After these transactions, Zhou holds 316,167 American depositary shares directly and 1,000,000 Class A ordinary shares indirectly through Prime Hubs Limited.
Positive
- None.
Negative
- None.
Insider Trade Summary
200,000 shares exercised/converted
Mixed
4 txns
Insider
Zhou Xin
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted share units | 200,000 | $0.00 | -- |
| Exercise | American depositary shares | 200,000 | $0.00 | -- |
| Tax Withholding | American depositary shares | 100,000 | $5.60 | $560K |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Restricted share units — 0 shares (Direct);
American depositary shares — 416,167 shares (Direct);
Class A ordinary shares — 1,000,000 shares (Indirect, by Prime Hubs Limited)
Footnotes (1)
- Each American depositary share represents one Class A ordinary share. The reported transaction involved the withholding of 100,000 shares upon the vesting of the 200,000 restricted share units in order to pay associated taxes. The closing price of the Issuer's American depositary shares on the last trading day before the withholding. The Issuer expects to sell the withheld shares on behalf of the Reporting Person in the open market, and the actual sales price may differ from the closing price reported herein. The restricted share units evidence the contingent right to receive Class A ordinary shares upon vesting. The restricted share units vested on June 1, 2026, and do not have expiration dates.
Key Figures
RSUs vested and exercised: 200,000 units/shares
Shares withheld for taxes: 100,000 shares
Reference share price: $5.60 per share
+3 more
6 metrics
RSUs vested and exercised
200,000 units/shares
Restricted share units converted into American depositary shares on June 1, 2026
Shares withheld for taxes
100,000 shares
Tax-withholding disposition upon RSU vesting
Reference share price
$5.60 per share
Closing price of American depositary shares before withholding
Direct ADS holdings after transaction
316,167 ADS
American depositary shares held directly by Zhou Xin after transactions
Indirect Class A holdings
1,000,000 shares
Class A ordinary shares held indirectly through Prime Hubs Limited
Net RSU exercise shares
200,000 shares
Total American depositary shares received from RSU exercise
Key Terms
American depositary shares, restricted share units, tax-withholding disposition, derivative security, +1 more
5 terms
tax-withholding disposition financial
"The reported transaction involved the withholding of 100,000 shares upon the vesting of the 200,000 restricted share units in order to pay associated taxes."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"Transaction code M is described as Exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"The restricted share units evidence the contingent right to receive Class A ordinary shares upon vesting."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity transaction did NIO (NIO) Executive VP Zhou Xin report?
Zhou Xin reported vesting and exercise of 200,000 restricted share units into American depositary shares. As part of this process, NIO withheld 100,000 shares to cover taxes, leaving Zhou with additional net shares held directly after the transaction.
What are Zhou Xin’s NIO (NIO) direct holdings after this Form 4 transaction?
After the reported transactions, Zhou Xin directly owns 316,167 American depositary shares. These reflect his direct position in NIO’s equity following the RSU vesting, derivative exercise, and the withholding of shares to satisfy tax obligations on the award.
What indirect NIO (NIO) holdings does Zhou Xin report through Prime Hubs Limited?
The Form 4 reports 1,000,000 Class A ordinary shares held indirectly by Zhou Xin through Prime Hubs Limited. This position is separate from his directly held American depositary shares and represents additional ownership attributed through that entity.
What does the $5.60 price in Zhou Xin’s NIO (NIO) filing represent?
The $5.60 per share figure is the closing price of NIO’s American depositary shares on the last trading day before the tax withholding. NIO expects to sell the withheld 100,000 shares on Zhou’s behalf, so actual sale prices may differ.