Director Huang reports 187,500 Tuya (NYSE: TUYA) ADS stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Tuya Inc. director HUANG SIDNEY XUANDE reported beneficial ownership of 187,500 American Depositary Shares (ADSs). This amount includes 177,500 ADSs currently owned and 10,000 restricted stock units granted on July 5, 2022 that will vest on July 5, 2026, each RSU settling in one ADS.
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 — 187,500 shares (Direct)
Footnotes (1)
- 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"). The amount of ADSs include (i) 177,500 ADSs beneficially owned and (ii) 10,000 restricted stock units granted to the reporting person on July 5, 2022 and will vest on July 5, 2026. These restricted stock units represent a contingent right to receive one ADS following vesting.
FAQ
What does Tuya (TUYA) director Huang report owning on this Form 3?
The director reports beneficial ownership of 187,500 American Depositary Shares (ADSs) of Tuya Inc. This total includes currently held ADSs plus restricted stock units that will settle in ADSs once they vest.
How many Tuya (TUYA) ADSs are currently beneficially owned by the director?
The filing shows 177,500 ADSs currently beneficially owned. In addition, the director holds restricted stock units that will convert into ADSs upon vesting, which are counted within the total reported holdings.
What restricted stock units does the Tuya (TUYA) director hold?
The director holds 10,000 restricted stock units granted on July 5, 2022. These units will vest on July 5, 2026 and represent a contingent right to receive one ADS per unit following vesting.
How many total Tuya (TUYA) ADSs are reported including restricted stock units?
The total reported holding is 187,500 ADSs. This consists of 177,500 ADSs beneficially owned plus 10,000 restricted stock units that will each convert into one ADS when they vest in 2026.
What does one Tuya (TUYA) ADS represent according to this filing?
Each American Depositary Share (ADS) represents one Class A ordinary share of Tuya Inc. The underlying Class A ordinary shares have a par value of US$0.00005 per share, matching one share per ADS.