ATRenew (RERE) CEO details options, RSUs, Class C and ADS stakes
Filing Impact
Filing Sentiment
Form Type
3
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
16 transactions reported
Mixed
16 txns
Insider
Chen Kerry Xuefeng
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Restricted share units | -- | -- | -- |
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Class C ordinary shares | -- | -- | -- |
| holding | American depositary shares | -- | -- | -- |
Holdings After Transaction:
Options (Right to Buy) — 407,200 shares (Direct);
Restricted share units — 2,964,091 shares (Direct);
Class C ordinary shares — 11,287,336 shares (Indirect, By C&XF Group Limited);
American depositary shares — 711,418 shares (Direct)
Footnotes (1)
- Shares held of record by C&XF Group Limited, which is wholly owned by the reporting person. Every three American depositary shares ("ADS") represent two Class A ordinary shares, par value US$0.001 per share. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. Each restricted share unit represents the contingent right to receive one (1) Class A ordinary shares of the Issuer upon vesting.
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.
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.
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.