SOLAI director buys 54,275 ADS in open-market trade

Law Man San, a director of SOLAI Ltd, purchased 54,275 American Depositary Shares on July 16, 2026 at a weighted average price of $3.5745 per ADS in multiple trades between $3.2831 and $3.8937, increasing his direct holdings to 132,242 ADS.

Rhea-AI Filing Summary

Law Man San, a director of SOLAI Ltd, purchased 54,275 American Depositary Shares on July 16, 2026 at a weighted average price of $3.5745 per ADS in multiple trades between $3.2831 and $3.8937, increasing his direct holdings to 132,242 ADS. He also indirectly holds 85,572,963 Class A ordinary shares through Good Luck Capital Limited. Each ADS represents 700 Class A ordinary shares.

Insider Trade Summary

Net Buyer: 54,275 shares

Net Buy 2 txns

Insider Law Man San

Role Director

Bought 54,275 shs ($194K)

Type	Security	Shares	Price	Value
Purchase	American Depositary Shares F1, F2	54,275	$3.5745	$194K
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: American Depositary Shares — 132,242 shares (Direct); Class A ordinary shares — 85,572,963 shares (Indirect, By Good Luck Capital Limited)

Footnotes (2)

1. F1. Each American Depositary Share ("ADS") represents seven hundred (700) Class A ordinary shares.
2. F2. Represents the weighted average purchase price. These ADSs were purchased in multiple transactions at prices ranging from $3.2831 to $3.8937 inclusive. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of ADSs purchased at each separate price within the range of prices set forth in this footnote.

Key Figures

ADS Purchased: 54,275 ADS Weighted Average Price: $3.5745 per ADS Price Range: $3.2831–$3.8937 per ADS +3 more

6 metrics

ADS Purchased 54,275 ADS American Depositary Shares bought on July 16, 2026 by director Law Man San

Weighted Average Price $3.5745 per ADS Average purchase price for 54,275 ADS acquired on July 16, 2026

Price Range $3.2831–$3.8937 per ADS Range of prices paid across multiple ADS purchase transactions

Direct ADS Holdings After Trade 132,242 ADS Total American Depositary Shares directly owned after the July 16, 2026 purchase

Indirect Class A Ordinary Shares 85,572,963 shares Class A ordinary shares indirectly held through Good Luck Capital Limited

ADS Share Ratio 700 Class A shares per ADS Each ADS represents 700 Class A ordinary shares

Key Terms

American Depositary Shares, weighted average purchase price, Class A ordinary shares, indirect ownership

4 terms

American Depositary Shares financial

"purchased 54,275 American Depositary Shares on July 16, 2026"

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.

weighted average purchase price financial

"Represents the weighted average purchase price. These ADSs were purchased"

The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.

Class A ordinary shares financial

"Each American Depositary Share ("ADS") represents seven hundred (700) Class A ordinary shares"

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.

indirect ownership financial

"total_shares_following_transaction 85,572,963.0000, direct_or_indirect I"

FAQ

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

What insider transaction did SOLAI Ltd (SLAI) recently report?

SOLAI Ltd reported that director Law Man San bought 54,275 American Depositary Shares (ADS) on July 16, 2026. The purchase was recorded as an open-market or private transaction, adding to his directly held ADS position in the company.

How many SOLAI (SLAI) ADS did director Law Man San buy and at what price?

Director Law Man San bought 54,275 ADS at a weighted average price of $3.5745 per ADS. These ADS were acquired in multiple trades, with individual prices ranging from $3.2831 to $3.8937 during the same trading day.

How many SOLAI (SLAI) ADS does Law Man San own after this purchase?

After the reported purchase, Law Man San directly owns 132,242 American Depositary Shares of SOLAI Ltd. This total reflects his ADS holdings immediately following the July 16, 2026 transactions in which he acquired 54,275 ADS in the market.

What is the relationship between SOLAI (SLAI) ADS and Class A ordinary shares?

Each SOLAI Ltd American Depositary Share (ADS) represents 700 Class A ordinary shares. This ratio means ADS holders have economic exposure to multiple underlying ordinary shares through a single ADS traded in international markets.

What indirect holdings of SOLAI (SLAI) shares does Law Man San have?

In addition to his ADS, Law Man San has indirect ownership of 85,572,963 Class A ordinary shares of SOLAI Ltd. These shares are held through Good Luck Capital Limited, reflecting a large indirect equity position separate from his personal ADS holdings.

Was the SOLAI (SLAI) insider trade executed in a single transaction?

No. The 54,275 ADS purchase was executed in multiple transactions on July 16, 2026. Prices for these trades ranged from $3.2831 to $3.8937, producing a weighted average purchase price of $3.5745 per ADS.

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

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Available on EDGAR 07/20/2026 - 06:51 AM Accepted by SEC EDGAR 07/20/2026 - 06:51 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^*

Law Man San

(Last) (First) (Middle)

C/O 428 SOUTH SEIBERLING STREET

(Street)

AKRON OHIO 44306

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SOLAI Ltd [ SLAI ]

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)
07/16/2026

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)	07/16/2026		P		54,275	A	$3.5745(2)	132,242	D
Class A ordinary shares								85,572,963	I	By Good Luck Capital Limited

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

Explanation of Responses:

1. Each American Depositary Share ("ADS") represents seven hundred (700) Class A ordinary shares.

2. Represents the weighted average purchase price. These ADSs were purchased in multiple transactions at prices ranging from $3.2831 to $3.8937 inclusive. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of ADSs purchased at each separate price within the range of prices set forth in this footnote.

	/s/ LAW Man San	07/20/2026
	** 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)