PDD Holdings (PDD) director discloses ADS stakes and long-term RSUs
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
PDD Holdings Inc. director Yeo George Yong-Boon filed an initial ownership report showing direct holdings of 25,628 ADSs and a separate block of 60,000 ADSs, with some ADSs jointly owned with his spouse. The filing also lists multiple restricted share unit (RSU) awards, each RSU delivering one ADS at settlement, with vesting schedules running from August 1, 2026 through February 1, 2030, all subject to continued service. Each ADS represents four Class A ordinary shares, so these positions reflect both current equity ownership and future equity-based compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
Yeo George Yong-Boon
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Share Units (RSUs) | -- | -- | -- |
| holding | Restricted Share Units (RSUs) | -- | -- | -- |
| holding | Restricted Share Units (RSUs) | -- | -- | -- |
| holding | Restricted Share Units (RSUs) | -- | -- | -- |
| holding | Restricted Share Units (RSUs) | -- | -- | -- |
| holding | Restricted Share Units (RSUs) | -- | -- | -- |
| holding | Restricted Share Units (RSUs) | -- | -- | -- |
| holding | Restricted Share Units (RSUs) | -- | -- | -- |
| holding | ADSs | -- | -- | -- |
| holding | ADSs | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units (RSUs) — 1,045 shares (Direct);
ADSs — 25,628 shares (Direct)
Footnotes (1)
- Each American depositary share ("ADS") of the Issuer represents four (4) Class A ordinary shares. These ADSs are jointly owned with the Reporting Person's spouse. These RSUs are scheduled to vest on August 1, 2026, subject to continued service through the vesting date. Each RSU represents the right to receive, at settlement after vesting, one American depositary share ("ADS"). These RSUs are scheduled to vest on February 1, 2027, subject to continued service through the vesting date. These RSUs are scheduled to vest on August 1, 2027, subject to continued service through the vesting date. These RSUs are scheduled to vest on February 1, 2028, subject to continued service through the vesting date. 50% of these RSUs are scheduled to vest on August 1, 2026 and 25% of these RSUs are scheduled to vest on each of August 1, 2027 and August 1, 2028, subject in each case to continued service through each vesting date. 50% of these RSUs are scheduled to vest on February 1, 2027 and 25% of these RSUs are scheduled to vest on each of February 1, 2028 and February 1, 2029, subject in each case to continued service through each vesting date. 50% of these RSUs are scheduled to vest on August 1, 2027 and 25% of these RSUs are scheduled to vest on each of August 1, 2028 and August 1, 2029, subject in each case to continued service through each vesting date. 50% of these RSUs are scheduled to vest on February 1, 2028 and 25% of these RSUs are scheduled to vest on each of February 1, 2029 and February 1, 2030, subject in each case to continued service through each vesting date.
FAQ
What does the PDD Form 3 filing by Yeo George Yong-Boon show?
The Form 3 shows director Yeo George Yong-Boon’s initial ownership in PDD Holdings Inc., including 25,628 ADSs, another 60,000 ADSs, and several RSU awards that can settle in ADSs over future vesting dates.
How many PDD ADSs does Yeo George Yong-Boon report owning?
The filing reports direct holdings of 25,628 ADSs and a separate holding of 60,000 ADSs. Footnotes indicate some ADSs are jointly owned with his spouse, reflecting combined household exposure to PDD American depositary shares.
What RSU awards are disclosed for Yeo George Yong-Boon in the PDD Form 3?
The Form 3 lists several RSU awards, each tied to a specific number of underlying ADSs. These RSUs are scheduled to vest in tranches between August 1, 2026 and February 1, 2030, contingent on continued service through each vesting date.
When do Yeo George Yong-Boon’s PDD RSUs vest?
The RSUs vest on a series of dates, including August 1, 2026, February 1, 2027, August 1, 2027, and February 1, 2028, with additional tranches through February 1, 2030, all requiring continued service to vest.
How are PDD RSUs settled for Yeo George Yong-Boon?
Each RSU represents the right to receive one ADS at settlement after vesting. According to the footnotes, every vested RSU converts into a single PDD American depositary share, which itself represents four Class A ordinary shares of the company.