SharkNinja (SN) director and 10% owner Wang Xuning reports large stake

Rhea-AI Filing Summary

SharkNinja, Inc. insider Wang Xuning, a director and 10% owner, reports his initial beneficial ownership of the company’s ordinary shares. He directly holds 922,666 ordinary shares and indirectly holds 53,307,760 ordinary shares through JS&W Global Holding Limited Partnership and 326,333 ordinary shares through JS&W Capital Holding Limited Partnership, reflecting his role as settlor of a trust that controls these partnerships. The filing also notes 230,667 time-based restricted share units, each tied to one ordinary share, which are scheduled to vest in full on or around May 31, 2026, subject to his continuous service through January 31, 2026.

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^*

Wang Xuning

(Last) (First) (Middle)

89 A STREET

(Street)

NEEDHAM MA 02494

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2026

3. Issuer Name and Ticker or Trading Symbol
SharkNinja, Inc. [ SN ]

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

X	Director	X	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)

	Form filed by One Reporting Person
X	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)
Ordinary Shares	922,666	D
Ordinary Shares	53,307,760	I(1)	By JS&W Global Holding Limited Partnership
Ordinary Shares	326,333	I(2)	By JS&W Capital Holding Limited Partnership

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(3)	(4)	(4)	Ordinary Shares	230,667	(3)	D

1. Name and Address of Reporting Person^*

Wang Xuning

(Last) (First) (Middle)

89 A STREET

(Street)

NEEDHAM MA 02494

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

JS&W Global Holding Limited Partnership

(Last) (First) (Middle)

3901, EAST TOWER OF CKC II, CENTRAL

(Street)

HONG KONG K3 00000

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

Explanation of Responses:

1. These shares are owned directly by JS&W Global Holding Limited Partnership. Wang Xuning, as the settlor of a trust, which indirectly wholly owns the general partner and indirectly owns the controlling interest in the limited partner of JS&W Global Holding Limited Partnership, may be deemed to beneficially own the shares owned directly by JS&W Global Holding Limited Partnership. Wang Xuning reserves the right to revoke the trust without the consent of another person and exercises investment control over the Issuer's securities held by the trust. Mr. Wang disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

2. These shares are owned directly by JS&W Capital Holding Limited Partnership. Wang Xuning, as the settlor of a trust, which indirectly wholly owns the general partner and indirectly owns the controlling interest in the limited partner of JS&W Capital Holding Limited Partnership, may be deemed to beneficially own the shares owned directly by JS&W Capital Holding Limited Partnership. Wang Xuning reserves the right to revoke the trust without the consent of another person and exercises investment control over the Issuer's securities held by the trust. Wang Xuning disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

3. Refers to the time-based restricted share units ("RSUs") granted to Wang Xuning on June 6, 2023 pursuant to the Restricted Share Unit Scheme of JS Global Lifestyle Company Limited ("JS Global"), adopted on October 9, 2019, and amended on December 14, 2020, June 4, 2021, December 30, 2021, March 29, 2022, respectively. JS Global was the Issuer's parent prior to the completion of the Issuer's separation and distribution on July 31, 2023 (the "Separation"). Each RSU is the economic equivalent of one ordinary share of JS Global and the corresponding portion of the ordinary shares of the Issuer upon the completion of the Separation. In connection with the Separation, each JS Global shareholder as of the record date for the Separation was entitled to receive one ordinary share of the Issuer for every 25 ordinary shares of JS Global held by such shareholder.

4. These RSUs vest in full on or around May 31, 2026, subject to Wang Xuning's continuous service through January 31, 2026.

	Wang Xuning /s/ Wang Xuning	01/02/2026
	JS&W Global Holding Limited Partnership /s/ Wang Xuning Director of general partner of JS&W Global Holding Limited Partnership	01/02/2026
	** Signature of Reporting Person	Date
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FAQ

What does this Form 3 filing reveal about SharkNinja (SN)?

This Form 3 shows that Wang Xuning is a director and 10% owner of SharkNinja, Inc. (SN), disclosing his direct, indirect, and derivative beneficial ownership of the company’s ordinary shares.

How many SharkNinja (SN) shares does Wang Xuning directly own?

Wang Xuning directly owns 922,666 ordinary shares of SharkNinja, Inc. in his own name.

What indirect SharkNinja (SN) holdings are reported for Wang Xuning?

He indirectly owns 53,307,760 ordinary shares through JS&W Global Holding Limited Partnership and 326,333 ordinary shares through JS&W Capital Holding Limited Partnership, via a trust structure that controls these entities.

What restricted share units related to SharkNinja (SN) are disclosed?

The filing reports 230,667 time-based restricted share units (RSUs), each economically equivalent to one ordinary share, which vest in full on or around May 31, 2026, subject to continuous service through January 31, 2026.

How are the JS&W Global and JS&W Capital holdings attributed to Wang Xuning?

The shares are owned directly by JS&W Global Holding Limited Partnership and JS&W Capital Holding Limited Partnership. As settlor of a trust that indirectly wholly owns the general partners and controls the limited partners, Wang Xuning may be deemed to beneficially own these shares, while disclaiming beneficial ownership beyond his pecuniary interest.

When were the RSUs reported in this filing originally granted?

The RSUs were granted to Wang Xuning on June 6, 2023 under the Restricted Share Unit Scheme of JS Global Lifestyle Company Limited, which was SharkNinja’s parent before the separation completed on July 31, 2023.