Tencent Music (TCMEF) CFO details ADS and stock option holdings

Rhea-AI Filing Summary

Tencent Music Entertainment Group Chief Financial Officer Hu Min filed an initial ownership report showing direct holdings of 789,235 American Depositary Shares (ADSs). The filing also lists fully vested stock options exercisable for 53,228, 270,000, 983,912 and 141,309 ADSs at exercise prices between $3.86 and $14.2822, expiring from 2027 through 2033. Each option is exercisable for one ADS, and each ADS represents two Class A ordinary shares.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider HU MIN

Role Chief Financial Officer

Type	Security	Shares	Price	Value
holding	Stock Option (Right to Buy)	--	--	--
holding	Stock Option (Right to Buy)	--	--	--
holding	Stock Option (Right to Buy)	--	--	--
holding	Stock Option (Right to Buy)	--	--	--
holding	American Depositary Shares	--	--	--

Holdings After Transaction: Stock Option (Right to Buy) — 53,228 shares (Direct); American Depositary Shares — 789,235 shares (Direct)

Footnotes (1)

1. Each American Depositary Share ("ADS") represents two (2) Class A Ordinary Shares, with a par value of US$0.000083 per share, of Tencent Music Entertainment Group (the "Issuer"). Each Stock Option is exercisable for one ADS, which represents two Class A Ordinary Shares. The Stock Option was granted in December 2017 subject to satisfaction of certain performance criteria. The performance criteria with respect to options to purchase 53,228 ADSs were met, and such options are fully vested. The Stock Option was granted in October 2018 subject to satisfaction of certain performance criteria. The performance criteria with respect to options to purchase 270,000 ADSs were met, and such options are fully vested. The Stock Option was granted in March 2022 subject to satisfaction of certain performance criteria. The performance criteria with respect to options to purchase 983,912 ADSs were met, and such options are fully vested. The Stock Option was granted in March 2023 subject to satisfaction of certain performance criteria. The performance criteria with respect to options to purchase 141,309 ADSs were met, and such options are fully vested.

Understanding Insider Trading Forms →

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^*

HU MIN

(Last) (First) (Middle)

U 3, BLDG D, KEXING SCI PK KEJIZHONGSAN

AVE, HI-TECH PK NANSHAN DIST

(Street)

SHENZHEN 518057

(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
Tencent Music Entertainment Group [ TME ]

3a. Foreign Trading Symbol
[1698.HK]

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

4. 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

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)
American Depositary Shares(1)	789,235	D

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
Stock Option (Right to Buy)(2)	(3)	12/20/2027	American Depositary Shares	53,228	$4.6488	D
Stock Option (Right to Buy)(2)	(4)	10/17/2028	American Depositary Shares	270,000	$14.2822	D
Stock Option (Right to Buy)(2)	(5)	03/15/2032	American Depositary Shares	983,912	$3.86	D
Stock Option (Right to Buy)(2)	(6)	03/15/2033	American Depositary Shares	141,309	$7.59	D

Explanation of Responses:

1. Each American Depositary Share ("ADS") represents two (2) Class A Ordinary Shares, with a par value of US$0.000083 per share, of Tencent Music Entertainment Group (the "Issuer").

2. Each Stock Option is exercisable for one ADS, which represents two Class A Ordinary Shares.

3. The Stock Option was granted in December 2017 subject to satisfaction of certain performance criteria. The performance criteria with respect to options to purchase 53,228 ADSs were met, and such options are fully vested.

4. The Stock Option was granted in October 2018 subject to satisfaction of certain performance criteria. The performance criteria with respect to options to purchase 270,000 ADSs were met, and such options are fully vested.

5. The Stock Option was granted in March 2022 subject to satisfaction of certain performance criteria. The performance criteria with respect to options to purchase 983,912 ADSs were met, and such options are fully vested.

6. The Stock Option was granted in March 2023 subject to satisfaction of certain performance criteria. The performance criteria with respect to options to purchase 141,309 ADSs were met, and such options are fully vested.

	/s/ Hu Min	03/18/2026
	** 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 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 does Tencent Music (TCMEF) CFO Hu Min’s Form 3 filing show?

Hu Min’s Form 3 shows her initial ownership in Tencent Music, including 789,235 American Depositary Shares and several fully vested stock option grants. These options cover hundreds of thousands of ADSs with exercise prices between $3.86 and $14.2822, expiring between 2027 and 2033.

How many Tencent Music (TCMEF) ADSs does Hu Min directly hold?

The filing reports that Hu Min directly holds 789,235 American Depositary Shares of Tencent Music. Each ADS represents two Class A ordinary shares, giving investors a clear view of her direct equity stake through this U.S.-traded instrument as of the Form 3 disclosure date.

What stock options are reported for Tencent Music (TCMEF) CFO Hu Min?

Hu Min holds fully vested stock options granted in 2017, 2018, 2022 and 2023. These options are exercisable for 53,228, 270,000, 983,912 and 141,309 ADSs at exercise prices of $4.6488, $14.2822, $3.86 and $7.59, with expirations from 2027 to 2033.

Are Tencent Music (TCMEF) CFO Hu Min’s stock options vested?

Yes. Footnotes state that performance criteria were met for options granted in 2017, 2018, 2022 and 2023. As a result, options to purchase 53,228, 270,000, 983,912 and 141,309 Tencent Music ADSs are fully vested and exercisable, subject to their respective expiration dates.

How are Tencent Music (TCMEF) ADSs and ordinary shares related in this filing?

Each American Depositary Share represents two Tencent Music Class A ordinary shares with a stated par value. The filing also notes that each reported stock option is exercisable for one ADS, which in turn equates to two underlying Class A ordinary shares of the company.

Does the Tencent Music (TCMEF) Form 3 show any recent insider buying or selling?

No specific insider purchases or sales are identified in the data provided. The entries are reported as holdings, showing Hu Min’s existing ADS position and her vested stock option awards, rather than new open-market transactions or exercises changing her economic exposure.