[Form 3] Qutoutiao Inc. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Qutoutiao Inc. CTO Wang Zhiliang has reported his derivative holdings in a Form 3. The filing shows three indirect positions in an Employee Stock Option Plan held "By Qu World Limited," each tied to Qutoutiao Class A ordinary shares. The options cover 552,965, 650,000 and 650,000 underlying Class A ordinary shares at an exercise price of $0.0001 per share, with expiration dates on June 30, 2028, June 30, 2029 and June 30, 2030. These entries are classified as holdings, with no buy or sell transactions reported.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Wang Zhiliang

Role CTO

Type	Security	Shares	Price	Value
holding	Employee Stock Option Plan	--	--	--
holding	Employee Stock Option Plan	--	--	--
holding	Employee Stock Option Plan	--	--	--

Holdings After Transaction: Employee Stock Option Plan — 552,965 shares (Indirect, By Qu World Limited)

Footnotes (1)

Key Figures

Option block 1 underlying shares: 552,965 shares Option block 2 underlying shares: 650,000 shares Option block 3 underlying shares: 650,000 shares +4 more

7 metrics

Option block 1 underlying shares 552,965 shares Underlying Class A ordinary shares under Employee Stock Option Plan

Option block 2 underlying shares 650,000 shares Underlying Class A ordinary shares under Employee Stock Option Plan

Option block 3 underlying shares 650,000 shares Underlying Class A ordinary shares under Employee Stock Option Plan

Exercise price $0.0001 per share Employee Stock Option Plan positions reported on Form 3

First option expiration June 30, 2028 Expiration date for 552,965 underlying Class A shares

Second option expiration June 30, 2029 Expiration date for 650,000 underlying Class A shares

Third option expiration June 30, 2030 Expiration date for 650,000 underlying Class A shares

Key Terms

Employee Stock Option Plan, Class A ordinary share, indirect ownership, Form 3

4 terms

Employee Stock Option Plan financial

"security_title: "Employee Stock Option Plan""

Class A ordinary share financial

"underlying_security_title: "Class A ordinary share""

A Class A ordinary share is a type of common stock a company issues that carries a specific set of rights—most often particular voting power, dividend terms, or transfer rules—distinct from other share classes. For investors it matters because those rights affect control over company decisions, how income is paid out, and how easy shares are to buy or sell; think of it like a tiered ticket that gives different access and influence at the same event.

indirect ownership financial

"ownership_type: "indirect" and nature_of_ownership: "By Qu World Limited""

Form 3 regulatory

"INSIDER FILING DATA (Form 3)"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED 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^*

Wang Zhiliang

(Last) (First) (Middle)

BLDG 2, SHANGHAI PUDONG SOFTWARE PARK,

519 YIDE ROAD

(Street)

SHANGHAI 200124

(City) (State) (Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Qutoutiao Inc. [ QTTOY ]

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)

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

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

X	Form 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)

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 Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option Plan	06/30/2018	06/30/2028	Class A ordinary share	552,965	$0.0001	I	By Qu World Limited
Employee Stock Option Plan	06/30/2019	06/30/2029	Class A ordinary share	650,000	$0.0001	I	By Qu World Limited
Employee Stock Option Plan	06/30/2020	06/30/2030	Class A ordinary share	650,000	$0.0001	I	By Qu World Limited

Explanation of Responses:

	/s/ Wang Zhiliang	04/07/2026
	** 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 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 Qutoutiao (QTTOY) Form 3 for Wang Zhiliang show?

The Form 3 shows CTO Wang Zhiliang reporting indirect holdings of employee stock options linked to Qutoutiao Class A ordinary shares, held through Qu World Limited, with no new purchases or sales disclosed in this filing.

How many Qutoutiao Class A shares are covered by Wang Zhiliang’s options?

The filing reports options over 552,965, 650,000 and 650,000 underlying Qutoutiao Class A ordinary shares. Each block is disclosed as a separate Employee Stock Option Plan holding associated with Qu World Limited.

What is the exercise price of Wang Zhiliang’s reported Qutoutiao options?

All reported option positions have an exercise price of $0.0001 per underlying Class A ordinary share. This very low price suggests they are typical employee stock options granted as part of an Employee Stock Option Plan.

When do Wang Zhiliang’s reported Qutoutiao options expire?

The reported option positions have expiration dates on June 30, 2028, June 30, 2029 and June 30, 2030. Each date corresponds to a separate Employee Stock Option Plan grant over Qutoutiao Class A ordinary shares.

Are there any buy or sell transactions in this Qutoutiao (QTTOY) Form 3?

No. The entries are classified as holding records, and the transaction summary shows zero buy or sell transactions. The filing simply establishes Wang Zhiliang’s existing option positions over Qutoutiao Class A ordinary shares.