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Here Group (HERE) director discloses ADS and option holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Here Group Ltd director Zhu Shunyan has filed an initial ownership report. The Form 3 shows direct holdings of 40,000 American depositary shares, with each ADS representing three Class A ordinary shares. It also lists several option awards over Class A ordinary shares, each with a $0.40 exercise price and expiration on March 20, 2035, with different future exercise dates.

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SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
ZHU SHUNYAN

(Last)(First)(Middle)
RM 3008, 30/F, TWO EXCHANGE SQUARE
8 CONNAUGHT PLACE

(Street)
CENTRALHONG KONG000000

(City)(State)(Zip)

HONG KONG

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026
3. Issuer Name and Ticker or Trading Symbol
Here Group Ltd [ HERE ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
American depositary shares(1)40,000D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Option01/01/202603/20/2035Class A ordinary shares10,000$0.4D
Option01/01/202703/20/2035Class A ordinary shares10,000$0.4D
Option01/01/202803/20/2035Class A ordinary shares10,000$0.4D
Explanation of Responses:
1. Each American depositary share represents three Class A ordinary shares.
SHUNYAN ZHU03/18/2026
** Signature of Reporting PersonDate
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 5 (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 3: SEC 1473 (03-26)

FAQ

What does the Here Group Ltd (HERE) Form 3 filing show for Zhu Shunyan?

The Form 3 shows director Zhu Shunyan’s initial holdings in Here Group Ltd, including 40,000 American depositary shares and several stock options, providing a baseline of their equity position as a company insider.

How many American depositary shares does Zhu Shunyan hold in Here Group (HERE)?

Zhu Shunyan directly holds 40,000 American depositary shares of Here Group Ltd. A footnote explains that each ADS represents three Class A ordinary shares, giving investors clarity on the underlying equity exposure represented by these ADS holdings.

What stock options are reported for Zhu Shunyan in the Here Group Form 3?

The filing lists several option awards over Class A ordinary shares, each with an exercise price of $0.40 and an expiration date of March 20, 2035. These options have different future exercise dates, indicating staged vesting or exercisability over time.

Are the Here Group (HERE) holdings reported by Zhu Shunyan direct or indirect?

All positions in the Form 3 are reported as direct holdings. The ownership code is shown as “D” for each entry, and there are no footnotes indicating that the shares or options are held through trusts, LLCs, or other indirect entities.

Does the Here Group Form 3 indicate any recent insider buying or selling by Zhu Shunyan?

No buying or selling activity is indicated; the Form 3 is an initial ownership statement. The transaction records are categorized as holdings, with no buy or sell codes, so it mainly establishes Zhu Shunyan’s starting equity position as a director.
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