ATRenew (RERE) CEO details options, RSUs, Class C and ADS stakes

Rhea-AI Filing Summary

ATRenew Inc. director and CEO Chen Kerry Xuefeng filed an initial statement of holdings, detailing equity awards and share interests rather than new trades. The filing lists multiple options to buy Class A ordinary shares at an exercise price of $0.1000 per share with expiration dates ranging from 2026 to 2035, including grants over 1.7 million underlying shares and several smaller grants that vest over four years.

Chen also holds restricted share units covering 2,964,091 Class A ordinary shares that convert one-for-one upon vesting, and indirectly holds 11,287,336 Class C ordinary shares through C&XF Group Limited, which is wholly owned by him. In addition, he directly holds 711,418 American depositary shares, with every three ADSs representing two Class A ordinary shares. Overall, the document describes Chen’s existing equity-based position and structure in the company.

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

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1. Name and Address of Reporting Person^*

Chen Kerry Xuefeng

(Last) (First) (Middle)

12TH FLOOR, NO. 6 BUILDING

433 SONGHU ROAD

(Street)

SHANGHAI 200433

(City) (State) (Zip)

UNITED STATES

(Country)

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

3. Issuer Name and Ticker or Trading Symbol
ATRenew Inc. [ RERE ]

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)

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

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)
Class C ordinary shares	11,287,336	I	By C&XF Group Limited(1)
American depositary shares(2)	711,418	D

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
Options (Right to Buy)	(3)	01/01/2027	Class A ordinary share	407,200	$0.1	D
Options (Right to Buy)	(4)	07/01/2028	Class A ordinary share	19,844	$0.1	D
Options (Right to Buy)	(5)	01/01/2029	Class A ordinary share	15,314	$0.1	D
Options (Right to Buy)	(6)	01/01/2029	Class A ordinary share	75,931	$0.1	D
Options (Right to Buy)	(7)	09/01/2026	Class A ordinary share	26,521	$0.1	D
Options (Right to Buy)	(8)	10/04/2026	Class A ordinary share	4,793	$0.1	D
Options (Right to Buy)	(9)	07/31/2029	Class A ordinary share	70,650	$0.1	D
Options (Right to Buy)	(10)	01/01/2031	Class A ordinary share	64,291	$0.1	D
Options (Right to Buy)	(11)	01/01/2031	Class A ordinary share	1,725,746	$0.1	D
Restricted share units	04/13/2021	04/13/2031	Class A ordinary share	2,964,091	(13)	D
Options (Right to Buy)	(12)	01/01/2032	Class A ordinary share	179,030	$0.1	D
Options (Right to Buy)	03/13/2024	03/13/2033	Class A ordinary share	1,378	$0.1	D
Options (Right to Buy)	04/01/2024	04/01/2033	Class A ordinary share	7,276	$0.1	D
Options (Right to Buy)	07/01/2025	07/01/2035	Class A ordinary share	53,333	$0.1	D

Explanation of Responses:

1. Shares held of record by C&XF Group Limited, which is wholly owned by the reporting person.

2. Every three American depositary shares ("ADS") represent two Class A ordinary shares, par value US$0.001 per share.

3. Represents options to purchase 407,200 Class A ordinary shares granted on January 1, 2017. The options vest in equal installments of 1/4 of the options on the January 1 of each year thereafter over the next 4 years, subject to the reporting person's continued service through the applicable vesting date.

4. Represents options to purchase 19,844 Class A ordinary shares granted on July 1, 2018. The options vest in equal installments of 1/4 of the options on the July 1 of each year thereafter over the next 4 years, subject to the reporting person's continued service through the applicable vesting date.

5. Represents options to purchase 15,314 Class A ordinary shares granted on January 1, 2019. The options vest in equal installments of 1/4 of the options on the January 1 of each year thereafter over the next 4 years, subject to the reporting person's continued service through the applicable vesting date.

6. Represents options to purchase 75,931 Class A ordinary shares granted on January 1, 2019. The options vest in equal installments of 1/4 of the options on the January 1 of each year thereafter over the next 4 years, subject to the reporting person's continued service through the applicable vesting date.

7. Represents options to purchase 26,521 Class A ordinary shares granted on September 1, 2016. The options vest in equal installments of 1/4 of the options on the September 1 of each year thereafter over the next 4 years, subject to the reporting person's continued service through the applicable vesting date.

8. Represents options to purchase 4,793 Class A ordinary shares granted on October 4, 2016. The options vest in equal installments of 1/4 of the options on the October 4 of each year thereafter over the next 4 years, subject to the reporting person's continued service through the applicable vesting date.

9. Represents options to purchase 70,650 Class A ordinary shares granted on July 31, 2019. The options vest in equal installments of 1/4 of the options on the July 31 of each year thereafter over the next 4 years, subject to the reporting person's continued service through the applicable vesting date.

10. Represents options to purchase 64,291 Class A ordinary shares granted on January 1, 2021. The options vest in equal installments of 1/4 of the options on the January 1 of each year thereafter over the next 4 years, subject to the reporting person's continued service through the applicable vesting date.

11. Represents options to purchase 1,725,746 Class A ordinary shares granted on January 1, 2021. The options vest in equal installments of 1/4 of the options on the January 1 of each year thereafter over the next 4 years, subject to the reporting person's continued service through the applicable vesting date.

12. Represents options to purchase 179,030 Class A ordinary shares granted on January 1, 2022. The options vest in equal installments of 1/4 of the options on the January 1 of each year thereafter over the next 4 years, subject to the reporting person's continued service through the applicable vesting date.

13. Each restricted share unit represents the contingent right to receive one (1) Class A ordinary shares of the Issuer upon vesting.

	/s/ Chen Xuefeng	03/18/2026
	** 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 ATRenew (RERE) CEO Kerry Chen report in this Form 3?

He reports his existing equity holdings in ATRenew, including stock options, restricted share units, Class C ordinary shares held via C&XF Group Limited, and American depositary shares. The filing describes his current ownership structure rather than new market transactions.

What stock options does ATRenew (RERE) CEO Kerry Chen hold?

He holds several option grants over Class A ordinary shares at an exercise price of $0.1000 per share, with expiration dates between 2026 and 2035. Individual grants include a large 1,725,746-share option and multiple smaller awards vesting over four years.

How many restricted share units does ATRenew (RERE) CEO Kerry Chen have?

He holds restricted share units covering 2,964,091 Class A ordinary shares. Each restricted share unit represents the contingent right to receive one Class A ordinary share upon vesting, aligning his compensation with future company performance through equity rather than immediate cash.

What indirect ownership does ATRenew (RERE) CEO Kerry Chen have through C&XF Group Limited?

C&XF Group Limited, which is wholly owned by Kerry Chen, holds 11,287,336 Class C ordinary shares of ATRenew. This structure means his economic interest in those Class C shares is indirect, held through the wholly owned entity rather than in his personal name.

How many American depositary shares of ATRenew (RERE) does Kerry Chen directly own?

He directly holds 711,418 American depositary shares. Every three ADSs represent two Class A ordinary shares, so the ADS position corresponds to a substantial underlying interest in ATRenew’s Class A equity, in addition to his options and restricted share units.

Does ATRenew (RERE) CEO Kerry Chen’s Form 3 show any recent insider buying or selling?

The Form 3 presents his existing equity holdings and award terms, not recent market purchases or sales. Transactions are categorized as holdings with unknown transaction codes, so the document functions as a baseline ownership statement rather than evidence of new trading activity.