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SOLAI Ltd (SLAI) CEO Bilei Zhang reports significant ADS and RSU holdings

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

SOLAI Ltd CEO and 10% owner Bilei Zhang filed an initial ownership report showing a significant equity stake in the company. Zhang directly holds 150,000 American Depositary Shares (ADS). Each ADS represents one hundred Class A ordinary shares, giving meaningful exposure to SOLAI’s equity.

In addition, Zhang holds 71,000 Restricted Share Units, each representing the right to receive one ADS. These RSUs do not expire and are scheduled to vest on June 1, 2026, which will further increase Zhang’s direct ADS holdings once they vest.

Positive

  • None.

Negative

  • None.
SEC Form 3
FORM 3UNITED 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
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
YANG XIANFENG

(Last)(First)(Middle)
C/O 428 SOUTH SEIBERLING STREET

(Street)
AKRON OHIO 44306

(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
SOLAI Ltd [ SLAI ]
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
CEO
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
American Depositary Shares(1)150,000D
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 ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units(1) (2) (2)American Depositary Shares ("ADS")(3)71,000(2)D
Explanation of Responses:
1. Each American Depositary Share ("ADS") represents one hundred (100) Class A ordinary shares.
2. Each Restricted Share Unit ("RSU") represents the contingent right to receive one (1) American Depositary Share ("ADS"). These RSUs do not expire. These RSUs vest on June 1, 2026.
3. Each ADS represents one hundred (100) Class A ordinary shares.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Bilei Zhang as Attorney-in-Fact03/18/2026
** Signature of Reporting PersonDate
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 insider ownership did SOLAI Ltd (SLAI) CEO Bilei Zhang report?

Bilei Zhang reported holding 150,000 American Depositary Shares (ADS) of SOLAI Ltd directly. This filing establishes Zhang’s initial disclosed stake as both CEO and a 10% owner, highlighting substantial alignment with the company’s equity.

What Restricted Share Units does SOLAI Ltd (SLAI) CEO Bilei Zhang hold?

Bilei Zhang holds 71,000 Restricted Share Units (RSUs), each representing the right to receive one American Depositary Share. These RSUs do not expire and are scheduled to vest on June 1, 2026, increasing Zhang’s future ADS holdings.

How many SOLAI Ltd (SLAI) ordinary shares does each ADS represent?

Each SOLAI Ltd American Depositary Share represents one hundred (100) Class A ordinary shares. This ratio means ADS holdings reflect a much larger underlying position in the company’s ordinary share capital through the depositary structure.

Does the SOLAI Ltd (SLAI) Form 3 show any insider transactions?

The Form 3 does not report specific buy or sell transactions. Instead, it provides Zhang’s beneficial ownership at the time of filing, listing current ADS holdings and RSUs that will vest into additional ADS in the future.

What roles does Bilei Zhang hold at SOLAI Ltd (SLAI)?

Bilei Zhang is disclosed as CEO and a 10% owner of SOLAI Ltd. This dual role indicates both executive leadership and a sizable equity stake, aligning management’s interests with the company’s shareholders.
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