Trip.com Group (TCOM) director details options and family share stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Trip.com Group Ltd director Liang Jianzhang filed an initial ownership report showing a mix of direct stock options and indirect ordinary share holdings. Direct derivative positions include stock options over 3,472,000 ordinary shares at an exercise price of 31.8600 expiring on February 3, 2029, as well as additional fully vested options over 1,680,000 shares at exercise prices of 30.9300, 40.6200 and 43.8400 with expirations between November 14, 2027 and September 28, 2029. Another stock option covers 4,000,000 underlying ordinary shares at an exercise price of 31.6800 expiring on December 4, 2027. Indirect ordinary share holdings are reported through family members and entities, including 1,413,336 shares held by Wise Kingdom Group Limited and 5,448,766 shares held by Smart Charm Limited, both of which are described as wholly owned and controlled by the reporting person’s spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
Liang Jianzhang
Role
Director
| 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 | Stock Option (right to buy) | -- | -- | -- |
| holding | Ordinary shares | -- | -- | -- |
| holding | Ordinary shares | -- | -- | -- |
| holding | Ordinary shares | -- | -- | -- |
| holding | Ordinary shares | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 1,680,000 shares (Direct);
Ordinary shares — 122,400 shares (Indirect, By spouse)
Footnotes (1)
- Wise Kingdom Group Limited is a British Virgin Islands company wholly owned and controlled by the Reporting Person's spouse. Amount includes 3,937,754 ordinary shares held in the form of American depositary shares, each representing one ordinary share. Smart Charm Limited is a British Virgin Islands company wholly owned and controlled by the Reporting Person's spouse. The stock option has fully vested over a four-year period, with 10% vesting on the first anniversary of 09/28/2015, and 30% vesting on each of the second, third and fourth anniversaries of 09/28/2015. The stock option has fully vested over a four-year period, with 10% vesting on the first anniversary of 11/14/2016, and 30% vesting on each of the second, third and fourth anniversaries of 11/14/2016. The stock option has fully vested over a four-year period, with 10% vesting on the first anniversary of 02/09/2018, and 30% vesting on each of the second, third and fourth anniversaries of 02/09/2018. The stock option has fully vested over a four-year period, with 10% vesting on the first anniversary of 12/04/2019, and 30% vesting on each of the second, third and fourth anniversaries of 12/04/2019. The stock option has fully vested over a four-year period, with 25% vesting on each of the first, second, third and fourth anniversaries of 02/03/2021.
FAQ
What does Trip.com Group (TCOM) director Liang Jianzhang report on this Form 3?
Liang Jianzhang reports his initial ownership in Trip.com Group Ltd, including direct stock options and indirect ordinary share holdings through family members and entities. The filing lists specific option exercise prices, expiration dates, and ordinary share positions.
What stock options does Liang Jianzhang hold in Trip.com Group (TCOM)?
He holds fully vested stock options over ordinary shares at exercise prices of 30.9300, 31.6800, 31.8600, 40.6200 and 43.8400, with expirations between November 14, 2027 and September 28, 2029. Each option relates to a disclosed number of underlying shares.
Which indirect holdings are reported for Trip.com Group (TCOM) on this Form 3?
Indirect ordinary share holdings include 122,400 shares held by his spouse, 35,040 shares held by other family members, 1,413,336 shares through Wise Kingdom Group Limited and 5,448,766 shares through Smart Charm Limited, all detailed with the nature of ownership.
Are Liang Jianzhang’s Trip.com Group (TCOM) stock options vested?
Footnotes explain each stock option has fully vested over a four-year period, with specified vesting schedules such as 10% on the first anniversary of the grant date and 30% on each of the following three anniversaries, for the listed grant dates.
Does this Trip.com Group (TCOM) Form 3 show any recent insider buying or selling?
The transactions are classified as holdings with unknown transaction codes and no buy or sell indicators. The filing presents Liang Jianzhang’s existing direct and indirect positions rather than new purchases or sales of Trip.com Group Ltd securities.