RLX Technology grants 10M options to CFO
RLX Technology Inc. reported that its Chief Financial Officer, Lu Chao, received a grant of stock options covering 10,000,000 Class A ordinary shares under the company’s 2021 Share Incentive Plan on July 31, 2026.
Rhea-AI Filing Summary
RLX Technology Inc. reported that its Chief Financial Officer, Lu Chao, received a grant of stock options covering 10,000,000 Class A ordinary shares under the company’s 2021 Share Incentive Plan on July 31, 2026. Subject to continued service, these options become exercisable with respect to 1,700,000 shares on each of July 31, 2027, 2028, 2029, 2030 and 2031, and with respect to the remaining 1,500,000 shares on July 31, 2032. The options have an exercise price of $0.0000 per share and expire on July 31, 2036. Following these awards, Lu Chao is reported to hold 6,000,000 ADS (each representing one Class A ordinary share) directly.
Positive
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Negative
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Insider Trade Summary
Grant/Award: 10,000,000 shares
Grant/Award
7 txns
Insider
Lu Chao
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) F1 | 1,700,000 | $0.00 | $0.00 |
| Grant/Award | Stock Option (right to buy) F1 | 1,700,000 | $0.00 | $0.00 |
| Grant/Award | Stock Option (right to buy) F1 | 1,700,000 | $0.00 | $0.00 |
| Grant/Award | Stock Option (right to buy) F1 | 1,700,000 | $0.00 | $0.00 |
| Grant/Award | Stock Option (right to buy) F1 | 1,700,000 | $0.00 | $0.00 |
| Grant/Award | Stock Option (right to buy) F1 | 1,500,000 | $0.00 | $0.00 |
| holding | ADS (each representing one Class A Ordinary Share) | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 35,500,000 contracts (Direct);
ADS (each representing one Class A Ordinary Share) — 6,000,000 shares (Direct)
Footnotes (1)
- F1. The option was granted on July 31, 2026 under the Issuer's 2021 Share Incentive Plan and covers 10,000,000 Class A ordinary shares. Subject to the reporting person's continued service, the option becomes exercisable with respect to 1,700,000 shares on each of July 31, 2027, 2028, 2029, 2030 and 2031, and with respect to the remaining 1,500,000 shares on July 31, 2032.
Key Figures
Option grant size: 10,000,000 shares
Annual vesting tranches: 1,700,000 shares
Final vesting tranche: 1,500,000 shares
+3 more
6 metrics
Option grant size
10,000,000 shares
Class A ordinary shares covered by Lu Chao’s stock option granted July 31, 2026
Annual vesting tranches
1,700,000 shares
Number of shares becoming exercisable on each of July 31, 2027, 2028, 2029, 2030 and 2031
Final vesting tranche
1,500,000 shares
Shares becoming exercisable on July 31, 2032 under the same option
Exercise price
$0.0000 per share
Exercise price of Lu Chao’s stock options for 10,000,000 Class A ordinary shares
Option expiration
July 31, 2036
Expiration date applicable to the stock options granted on July 31, 2026
ADS holdings
6,000,000 ADS
Directly held ADS (each representing one Class A ordinary share) reported for Lu Chao
Key Terms
Stock Option, 2021 Share Incentive Plan, ADS, Class A ordinary shares
4 terms
Stock Option financial
"The option was granted on July 31, 2026 under the Issuer's 2021 Share Incentive Plan"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
ADS financial
"ADS (each representing one Class A Ordinary Share)"
Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did RLX (RLX) disclose about CFO Lu Chao’s new equity awards?
RLX Technology disclosed that CFO Lu Chao received a stock option grant covering 10,000,000 Class A ordinary shares. The options were granted on July 31, 2026 under the company’s 2021 Share Incentive Plan as part of his compensation.
What is the vesting schedule for Lu Chao’s new RLX (RLX) stock options?
The option becomes exercisable for 1,700,000 shares on each of July 31, 2027, 2028, 2029, 2030 and 2031, and for the remaining 1,500,000 shares on July 31, 2032, subject to Lu Chao’s continued service with RLX Technology.
What are the exercise price and expiration date of Lu Chao’s RLX (RLX) stock options?
Lu Chao’s stock options have an exercise price of $0.0000 per share and an expiration date of July 31, 2036. These terms apply to the full 10,000,000-share option granted under RLX Technology’s 2021 Share Incentive Plan.
How many RLX (RLX) ADS does CFO Lu Chao hold after the reported transactions?
After the reported option grant, Lu Chao is shown holding 6,000,000 ADS, each representing one Class A ordinary share of RLX Technology. This figure reflects his direct ownership as of the reported date in the filing data.
Are Lu Chao’s RLX (RLX) stock options immediately exercisable?
No, the options are not immediately exercisable. They become exercisable for 1,700,000 shares on each of July 31, 2027–2031, and for the remaining 1,500,000 shares on July 31, 2032, contingent on his continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
