Tuniu (NASDAQ: TOUR) CEO boosts ADS stake with March open-market buys

Rhea-AI Filing Summary

Tuniu Corp CEO Dunde Yu increased his stake through recent purchases of American depositary shares (ADS). On March 23, he made an open-market purchase of 27,000 ADS at a weighted average price of $0.7259 per ADS. On March 24, he bought an additional 2,000 ADS at a weighted average price of $0.7200. The filing also reports a small acquisition on March 20 of 8,895 ADS at $0.6839, eligible for deferred reporting under Rule 16a-6.

Following these transactions, Yu holds 37,895 ADS directly. Each ADS represents three Class A ordinary shares. Indirectly, he is associated with 3,704,135 Class A ordinary shares and 10,423,503 Class B ordinary shares held by Dragon Rabbit Capital Limited, which is owned through a family trust for his family’s benefit.

Insider Trade Summary

Net Buyer: 29,000 shares ($21,039)

Net Buy 5 txns

Insider Dunde Yu

Role Chief Executive Officer

Bought 29,000 shs ($21K)

Type	Security	Shares	Price	Value
Purchase	American depositary share	2,000	$0.72	$1K
Purchase	American depositary share	27,000	$0.7259	$20K
L	American depositary share	8,895	$0.6839	$6K
holding	Class A ordinary share	--	--	--
holding	Class B ordinary share	--	--	--

Holdings After Transaction: American depositary share — 37,895 shares (Direct); Class A ordinary share — 3,704,135 shares (Indirect, By Dragon Rabbit Capital Limited); Class B ordinary share — 10,423,503 shares (Indirect, By Dragon Rabbit Capital Limited)

Footnotes (1)

1. Each American depositary share ("ADS") represents three Class A ordinary shares, par value US$0.0001 per share, of the Issuer. Small acquisition eligible for deferred reporting pursuant to Rule 16a-6. The price reported represents the weighted average price of ADSs purchased in multiple transactions at prices ranging from $0.6740 to $0.7300 per ADS. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range. The price reported represents the weighted average price of ADSs purchased in multiple transactions at prices ranging from $0.7100 to $0.7300 per ADS. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range. Dragon Rabbit Capital Limited is wholly owned by Longtu Holdings Limited, a British Virgin Islands company which is wholly owned by a trust, of which Mr. Yu's family is the beneficiary.

Form 4 Insider Transactions: What Each Field Means →

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^*

Dunde Yu

(Last) (First) (Middle)

12TH FLOOR, BUILDING 6-A, JUHUIYUAN

(Street)

NANJING 210023

(City) (State) (Zip)

CHINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Tuniu Corp [ TOUR ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

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 share(1)	03/20/2026		L(2)		8,895	A	$0.6839(3)	8,895	D
American depositary share(1)	03/23/2026		P		27,000	A	$0.7259(4)	35,895	D
American depositary share(1)	03/24/2026		P		2,000	A	$0.72	37,895	D
Class A ordinary share								3,704,135	I	By Dragon Rabbit Capital Limited(5)
Class B ordinary share								10,423,503	I	By Dragon Rabbit Capital Limited(5)

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 three Class A ordinary shares, par value US$0.0001 per share, of the Issuer.

2. Small acquisition eligible for deferred reporting pursuant to Rule 16a-6.

3. The price reported represents the weighted average price of ADSs purchased in multiple transactions at prices ranging from $0.6740 to $0.7300 per ADS. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.

4. The price reported represents the weighted average price of ADSs purchased in multiple transactions at prices ranging from $0.7100 to $0.7300 per ADS. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.

5. Dragon Rabbit Capital Limited is wholly owned by Longtu Holdings Limited, a British Virgin Islands company which is wholly owned by a trust, of which Mr. Yu's family is the beneficiary.

	/s/ Dunde Yu	03/25/2026
	** 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)

FAQ

How many Tuniu (TOUR) ADS did CEO Dunde Yu buy in March 2026?

CEO Dunde Yu acquired 37,895 American depositary shares in total. This includes 27,000 ADS on March 23, 2,000 ADS on March 24, and a small acquisition of 8,895 ADS on March 20, all at prices below one dollar per ADS.

At what prices did Tuniu (TOUR) CEO purchase the ADS reported in this Form 4?

The CEO’s ADS purchases were made at weighted average prices around seventy cents. The March 20 small acquisition priced at $0.6839 per ADS, March 23 purchases averaged $0.7259, and March 24 purchases averaged $0.7200, within disclosed intraday price ranges.

What are CEO Dunde Yu’s direct ADS holdings in Tuniu (TOUR) after these transactions?

After the reported trades, Dunde Yu directly holds 37,895 American depositary shares of Tuniu. These holdings reflect his cumulative position following the March 20 small acquisition and the open-market purchases on March 23 and March 24 at sub-$1 prices.

How are Tuniu (TOUR) ADS related to the company’s Class A ordinary shares?

Each Tuniu American depositary share represents three Class A ordinary shares. This means the CEO’s 37,895 ADS correspond economically to 113,685 Class A ordinary shares, providing a clearer view of his exposure relative to the company’s underlying ordinary share capital.

What indirect Tuniu (TOUR) shareholdings are associated with CEO Dunde Yu?

Indirect interests are reported through Dragon Rabbit Capital Limited, owned via a family trust. That entity holds 3,704,135 Class A ordinary shares and 10,423,503 Class B ordinary shares, with Yu’s family identified as the trust’s beneficiary, indicating substantial additional associated ownership.

What does the small acquisition code L mean in this Tuniu (TOUR) Form 4?

The L code indicates a small acquisition under SEC Rule 16a-6. In this case, it reflects an 8,895 ADS acquisition on March 20, which qualified for deferred reporting. It is categorized separately from the larger open-market purchases coded as P on later dates.