Cloopen director Yuan Pengfei reports equity holdings
Cloopen Group Holding Ltd director Yuan Pengfei has reported his initial equity holdings.
Rhea-AI Filing Summary
Cloopen Group Holding Ltd director Yuan Pengfei has reported his initial equity holdings. The filing shows 400,000 restricted share units, each representing one Class A ordinary share, all of which have vested. These units were granted on April 1, 2024.
The filing also reports 245,000 Class A ordinary shares held indirectly through Flawless Wisdom Limited, which acts as a nominee for an employee trust benefiting grantees under the company’s share incentive plans.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Yuan Pengfei
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Share Units | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 400,000 contracts (Direct);
Class A Ordinary Shares — 245,000 shares (Indirect, See Footnote)
Footnotes (2)
- F1. These Class A Ordinary Shares are held by Flawless Wisdom Limited, which acts as a nominee for an employee trust holding shares for the benefit of grantees under the Issuer's share incentive plans.
- F2. Each restricted share unit represents one ordinary share. On April 1, 2024, Mr. Pengfei Yuan was granted 400,000 restricted share units. The restricted share units have all vested.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider holdings does Cloopen Group (RAASY) report for Yuan Pengfei?
The filing reports 400,000 vested restricted share units and 245,000 Class A ordinary shares held indirectly through Flawless Wisdom Limited. Together, these positions reflect Yuan Pengfei’s reported beneficial interests tied to Cloopen Group’s equity as of the reported dates.
What is the significance of Flawless Wisdom Limited in the Cloopen Group (RAASY) Form 3?
Flawless Wisdom Limited holds 245,000 Class A ordinary shares as a nominee for an employee trust. These shares are held for the benefit of grantees under Cloopen Group’s share incentive plans, and are reported as an indirect interest associated with director Yuan Pengfei.
What does the Form 3 for Cloopen Group (RAASY) indicate about transaction activity?
The Form 3 is an initial ownership report and shows holdings rather than trades. It lists 400,000 vested restricted share units and 245,000 indirectly held Class A shares, with no reported buy or sell transactions, emphasizing disclosure of existing equity interests instead of market activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.