Tuya (NYSE: TUYA) director updates Form 3/A to show 277,500 ADS stake
Rhea-AI Filing Summary
Tuya Inc. director Sidney Xuande Huang has updated his Form 3 to report holdings of 277,500 American Depositary Shares (ADSs) of Tuya as of the reported date. Each ADS represents one Class A ordinary share with a par value of US$0.00005 per share.
The total includes 177,500 ADSs beneficially owned plus 100,000 restricted stock units (RSUs) granted on July 5, 2022, which vest on July 5, 2026 and convert into one ADS per unit after vesting. The filing classifies this as a holdings entry and does not report any new purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HUANG SIDNEY XUANDE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | American Depositary Shares | -- | -- | -- |
Holdings After Transaction:
American Depositary Shares — 277,500 shares (Direct)
Footnotes (2)
- F1. Each American Depositary Share ("ADS") represents one (1) Class A ordinary share, with a par value of US$0.00005 per share, of Tuya Inc. (the "Issuer").
- F2. The amount of ADSs include (i) 177,500 ADSs beneficially owned and (ii) 100,000 restricted stock units granted to the reporting person on July 5, 2022 and vested on July 5, 2026. These restricted stock units represent a contingent right to receive one ADS following vesting.
Key Figures
Total ADS holdings: 277,500 ADSs
Beneficially owned ADSs: 177,500 ADSs
Restricted stock units: 100,000 RSUs
+2 more
5 metrics
Total ADS holdings
277,500 ADSs
Total American Depositary Shares following reported holdings entry
Beneficially owned ADSs
177,500 ADSs
ADSs beneficially owned by the director
Restricted stock units
100,000 RSUs
RSUs granted July 5, 2022, vesting July 5, 2026
ADS to ordinary share ratio
1 ADS : 1 Class A share
Each ADS represents one Class A ordinary share
Par value per ordinary share
US$0.00005 per share
Par value of Tuya Class A ordinary shares underlying ADSs
Key Terms
American Depositary Shares, restricted stock units, beneficially owned, par value
4 terms
restricted stock units financial
"100,000 restricted stock units granted to the reporting person on July 5, 2022"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
beneficially owned financial
"The amount of ADSs include (i) 177,500 ADSs beneficially owned and (ii) 100,000 restricted stock units"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
par value financial
"Class A ordinary share, with a par value of US$0.00005 per share, of Tuya Inc."
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Tuya (TUYA) director Sidney Huang report in this Form 3/A amendment?
The amendment reports that director Sidney Xuande Huang holds 277,500 American Depositary Shares of Tuya Inc. This figure combines ADSs already beneficially owned with restricted stock units that convert into ADSs upon vesting, clarifying his equity stake in the company.
How many Tuya (TUYA) ADSs does Sidney Huang beneficially own and through awards?
Sidney Huang’s position totals 277,500 ADSs, including 177,500 ADSs beneficially owned and 100,000 restricted stock units. Each RSU represents a contingent right to receive one ADS after vesting, aligning part of his compensation with shareholder value.
How do the 100,000 restricted stock units in Tuya (TUYA) vest for Sidney Huang?
The filing states that 100,000 restricted stock units were granted on July 5, 2022 and vest on July 5, 2026. After vesting, each RSU delivers one Tuya ADS, increasing his directly held share count without an open-market purchase.
Does this Tuya (TUYA) Form 3/A show any insider buying or selling activity?
No explicit insider purchases or sales are reported. The entry is categorized as a holdings record, with transaction counts showing no buy or sell activity. It primarily updates the total ADSs and RSUs attributed to director Sidney Huang.