Star Fashion Culture (STFS) CFO purchases 2M Class B shares at $1.30

Rhea-AI Filing Summary

CFO Zhang Pingting, a director of Star Fashion Culture Holdings Ltd, reported purchasing 2,000,000 shares of Class B Common Stock on July 22, 2026, at $1.30 per share. The shares are held indirectly through Xingji ZhangPingting Limited, bringing total indirect holdings to 2,032,500 shares.

Insider Trade Summary

Net Buyer: 2,000,000 shares

Net Buy 1 txn

Insider ZHANG PINGTING

Role Chief Financial Officer

Bought 2,000,000 shs ($2.60M)

Type	Security	Shares	Price	Value
Purchase	Class B Common Stock	2,000,000	$1.30	$2.60M

Holdings After Transaction: Class B Common Stock — 2,032,500 shares (Indirect, By Xingji ZhangPingting Limited)

Key Figures

Shares purchased: 2,000,000 shares Purchase price: $1.30 per share Holdings after transaction: 2,032,500 shares

3 metrics

Shares purchased 2,000,000 shares Class B Common Stock purchased on July 22, 2026

Purchase price $1.30 per share Price paid for Class B Common Stock in the reported transaction

Holdings after transaction 2,032,500 shares Indirect Class B Common Stock holdings after the purchase

Key Terms

Class B Common Stock, indirect ownership, open market or private transaction

3 terms

Class B Common Stock financial

"The transaction involved Class B Common Stock of the issuer."

A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.

indirect ownership financial

"The shares are reported as indirect ownership through Xingji ZhangPingting Limited."

open market or private transaction financial

"Transaction code P denotes a purchase in open market or private transaction."

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/28/2026 - 11:28 AM Accepted by SEC EDGAR 07/28/2026 - 11:28 AM Learn about SEC filing dates

FAQ

What insider trade did Star Fashion Culture (STFS) disclose?

Star Fashion Culture disclosed that CFO Zhang Pingting purchased 2,000,000 shares of Class B Common Stock on July 22, 2026, at $1.30 per share, held indirectly through Xingji ZhangPingting Limited, increasing total indirect holdings to 2,032,500 shares.

How many STFS shares does CFO Zhang Pingting hold after the transaction?

After the reported transaction, CFO Zhang Pingting indirectly holds 2,032,500 shares of Star Fashion Culture Class B Common Stock. These shares are reported as being held through Xingji ZhangPingting Limited, reflecting the updated post-purchase position.

What price was paid for the Star Fashion Culture (STFS) shares?

The reported purchase price was $1.30 per share for Star Fashion Culture’s Class B Common Stock. This price applies to the 2,000,000 shares acquired on July 22, 2026, in an open market or private transaction.

Was the STFS insider purchase made directly by the CFO?

The purchase was reported as indirect ownership. The 2,000,000 Class B shares were acquired and are held through an entity named Xingji ZhangPingting Limited, rather than directly in CFO Zhang Pingting’s own name.

What type of Star Fashion Culture (STFS) stock was bought in this trade?

The transaction involved Class B Common Stock of Star Fashion Culture Holdings Ltd. CFO Zhang Pingting, through Xingji ZhangPingting Limited, purchased 2,000,000 such shares at $1.30 per share, resulting in 2,032,500 Class B shares indirectly held.

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

X

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^*

ZHANG PINGTING

(Last) (First) (Middle)

12F, NO.611, SISHUI ROAD

HULI DISTRICT

(Street)

XIAMEN 361000

(City) (State) (Zip)

CHINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Star Fashion Culture Holdings Ltd [ STFS ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/22/2026

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
Class B Common Stock	07/22/2026		P		2,000,000	A	$1.3	2,032,500	I	By Xingji ZhangPingting 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:

	/s/ Pingting Zhang	07/28/2026
	** 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)