ATRenew director exercises RSUs, adds 15,000 ADSs

ATRenew Inc. director Wang Jingbo reported acquiring additional equity through the vesting and exercise of equity awards.

Rhea-AI Filing Summary

ATRenew Inc. director Wang Jingbo reported acquiring additional equity through the vesting and exercise of equity awards. On June 18, 2026, 15,000 American depositary shares (ADSs) were acquired upon vesting of restricted share units, bringing Wang’s direct holdings to 68,250 ADSs. Each three ADSs represent two Class A ordinary shares. On the same date, 10,000 restricted share units tied to 10,000 Class A ordinary shares remained outstanding from a 30,000-share grant that vests in three equal annual installments through continued service.

Insider Trade Summary

10,000 shares exercised/converted

Exercise 2 txns

Insider Wang Jingbo

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted share units	10,000	$0.00	$0.00
Exercise	American depositary shares	15,000	$0.00	$0.00

Holdings After Transaction: Restricted share units — 10,000 contracts (Direct); American depositary shares — 68,250 shares (Direct)

Footnotes (3)

1. F1. Represents American depositary shares acquired through the vesting of restricted share units. Every three American depositary shares ("ADS") represent two Class A ordinary shares, par value US$0.001 per share.
2. F2. Each restricted share unit represents the contingent right to receive one (1) Class A ordinary shares of the issuer upon vesting.
3. F3. Represents restricted share units to purchase 30,000 Class A ordinary shares granted on June 18, 2024. The restricted share units vest in equal installments of 1/3 of the restricted share units on the June 18 of each year thereafter over the next 3 years, subject to the reporting person's continued service through the applicable vesting date.

Key Figures

ADSs acquired: 15,000 ADSs ADS holdings after transaction: 68,250 ADSs RSUs remaining: 10,000 RSUs +4 more

7 metrics

ADSs acquired 15,000 ADSs Acquired on June 18, 2026 via RSU vesting

ADS holdings after transaction 68,250 ADSs Direct ownership following June 18, 2026 acquisition

RSUs remaining 10,000 RSUs Restricted share units outstanding after reported exercise

Original RSU grant size 30,000 Class A shares RSUs granted on June 18, 2024

RSU vesting schedule 1/3 annually over 3 years Each June 18, subject to continued service

RSU expiration June 18, 2034 Expiration date of the RSU award

ADS to share ratio 3 ADSs = 2 Class A shares Economic conversion ratio for ATRenew ADSs

Key Terms

American depositary shares, Restricted share units, Class A ordinary shares, Exercise or conversion of derivative security

4 terms

American depositary shares financial

"Represents American depositary shares acquired through the vesting of restricted share units."

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

Restricted share units financial

"Represents restricted share units to purchase 30,000 Class A ordinary shares granted on June 18, 2024."

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

Class A ordinary shares financial

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

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

Exercise or conversion of derivative security financial

"Transaction code M described as Exercise or conversion of derivative security."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did ATRenew (RERE) director Wang Jingbo report?

Wang Jingbo reported acquiring 15,000 American depositary shares via vesting of restricted share units. These ADSs were received as equity compensation rather than an open-market purchase, increasing Wang’s direct ownership stake in ATRenew Inc. as of June 18, 2026.

How many ATRenew (RERE) ADSs does Wang Jingbo own after this Form 4?

After the June 18, 2026 transactions, Wang Jingbo directly holds 68,250 American depositary shares of ATRenew Inc. This figure reflects the newly vested 15,000 ADSs added to Wang’s existing position as reported in the Form 4 filing.

What equity awards underlie Wang Jingbo’s ATRenew (RERE) Form 4 filing?

The filing involves restricted share units originally granted for 30,000 Class A ordinary shares on June 18, 2024. These RSUs convert into Class A ordinary shares upon vesting, and the ADSs reported were received through this vesting and conversion structure.

What is the vesting schedule for Wang Jingbo’s ATRenew (RERE) restricted share units?

The restricted share units vest in three equal annual installments of one-third each on June 18 of successive years. Vesting is conditional on Wang Jingbo’s continued service with ATRenew Inc. through each applicable vesting date under the grant terms.

How many ATRenew (RERE) restricted share units remain outstanding for Wang Jingbo?

Following the reported transactions, 10,000 restricted share units tied to 10,000 Class A ordinary shares remain outstanding. These RSUs are scheduled to vest in future annual installments, subject to continued service requirements specified in the original grant.

What is the ADS to Class A ordinary share ratio for ATRenew (RERE)?

Every three American depositary shares of ATRenew represent two Class A ordinary shares. This ratio means ADS holders have an economic interest equivalent to two underlying Class A ordinary shares for each block of three ADSs they own.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/23/2026 - 06:21 AM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wang Jingbo

(Last) (First) (Middle)

9# 1202, NO. 1500 CHANGYI ROAD

PUDONG DISTRICT

(Street)

SHANGHAI CHINA 200120

(City) (State) (Zip)

CHINA

(Country)

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

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
American depositary shares(1)	06/18/2026		M		15,000	A	(1)	68,250	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted share units	(2)	06/18/2026		M			10,000	(3)	06/18/2034	Class A ordinary shares	10,000	$0	10,000	D

Explanation of Responses:

1. Represents American depositary shares acquired through the vesting of restricted share units. Every three American depositary shares ("ADS") represent two Class A ordinary shares, par value US$0.001 per share.

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

3. Represents restricted share units to purchase 30,000 Class A ordinary shares granted on June 18, 2024. The restricted share units vest in equal installments of 1/3 of the restricted share units on the June 18 of each year thereafter over the next 3 years, subject to the reporting person's continued service through the applicable vesting date.

	/s/ Wang Jingbo	06/23/2026
	** 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 4 (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 4: SEC 1474 (03-26)