SAIHEAT Ltd (SAIH) director discloses 889 RSUs set to vest in 2026

Rhea-AI Filing Summary

SAIHEAT Ltd director Ge Hao filed an initial ownership report showing compensation in the form of restricted share units (RSUs). These RSUs relate to 889 Class A ordinary shares, with each RSU converting into one share on vesting with no cash payment required.

The RSUs do not expire and are scheduled to vest on March 15, 2026, at which time Ge Hao will receive the 889 underlying Class A ordinary shares directly.

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^*

Ge Hao

(Last) (First) (Middle)

4499 ENCORE PARK LANE

(Street)

DULUTH GA 30097

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
SAIHEAT Ltd [ SAIH ]

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

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

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

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)

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
Restricted share units	11/01/2024	(1)	Class A ordinary shares	889	(2)	D

Explanation of Responses:

1. Restricted Stock Units (RSUs) do not have an expiration date. The vesting date of the RSUs is March 15, 2026, after which the reporting person will receive the underlying shares.

2. Restricted Stock Units (RSUs) do not have an exercise or conversion price. Each RSU represents the right to receive one share of Class A ordinary shares upon vesting, with no cash consideration required for conversion.

	Hao Ge	03/17/2026
	** Signature of Reporting Person	Date
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FAQ

What does SAIHEAT Ltd (SAIH) director Ge Hao report on this Form 3?

Ge Hao reports initial beneficial ownership through restricted share units linked to 889 Class A ordinary shares. These RSUs represent equity-based compensation that will convert into shares once vesting conditions are met, rather than an immediate purchase or sale in the market.

How many SAIHEAT Ltd (SAIH) shares are tied to Ge Hao’s RSUs?

The filing shows RSUs tied to 889 Class A ordinary shares. Each restricted share unit represents the right to receive one share upon vesting, providing a one-to-one conversion from units into Class A ordinary shares at the vesting date.

When do Ge Hao’s SAIHEAT Ltd (SAIH) restricted share units vest?

The RSUs are scheduled to vest on March 15, 2026. On that vesting date, the reporting person will receive the underlying 889 Class A ordinary shares, assuming vesting conditions are satisfied, with no additional exercise decision required at that time.

Do SAIHEAT Ltd (SAIH) RSUs reported by Ge Hao require a cash exercise price?

No, the RSUs have no exercise or conversion price and require no cash payment. Each unit simply converts into one Class A ordinary share upon vesting, making them a form of non-cash, equity-based compensation rather than an option that must be paid for.

Do the SAIHEAT Ltd (SAIH) RSUs reported by Ge Hao have an expiration date?

The RSUs do not have an expiration date according to the filing footnotes. Instead, the key date is March 15, 2026, when they vest and convert into 889 Class A ordinary shares, provided the vesting conditions are satisfied by the reporting person.

Is Ge Hao buying or selling SAIHEAT Ltd (SAIH) shares in this Form 3?

The filing does not show a market purchase or sale. It reports a holding of restricted share units that will convert into 889 Class A ordinary shares on vesting, reflecting equity compensation rather than an open-market trading decision by the director.