Tuya (NYSE: TUYA) director exercises options to acquire 15,000 Class A shares

Rhea-AI Filing Summary

Tuya Inc. director Zhang Yan (Claire) exercised stock options to acquire 15,000 Class A ordinary shares on May 14, 2026. This was an option exercise, not an open-market purchase or sale. Following the transaction, she directly holds 40,000 Class A ordinary shares.

The options exercised related to 15,000 underlying Class A ordinary shares and carried an actual exercise price of US $0.00005 per option. After the exercise, there are no remaining derivative positions from this option grant shown in the filing.

Insider Trade Summary

15,000 shares exercised/converted

Mixed 2 txns

Insider Zhang Yan (Claire)

Role null

Type	Security	Shares	Price	Value
Exercise	Options	15,000	$0.00	--
Exercise	Class A Ordinary Shares	15,000	$0.00	--

Holdings After Transaction: Options — 15,000 shares (Direct, null); Class A Ordinary Shares — 40,000 shares (Direct, null)

Footnotes (1)

1. Each option is exercisable for one ADS or one Class A ordinary share. The actual exercise price of the option is US $0.00005.

Key Figures

Shares acquired via option exercise: 15,000 shares Shares held after transaction: 40,000 shares Options exercised: 15,000 options +3 more

6 metrics

Shares acquired via option exercise 15,000 shares Class A ordinary shares acquired on May 14, 2026

Shares held after transaction 40,000 shares Direct Class A ordinary share ownership after exercise

Options exercised 15,000 options Derivative options converted into Class A ordinary shares

Option exercise price US $0.00005 per option Actual exercise price disclosed in footnote

Option expiration date May 6, 2032 Expiration date for the option grant reported

Underlying security per option 1 ADS or 1 Class A share Each option exercisable for one ADS or one Class A ordinary share

Key Terms

Class A Ordinary Shares, Options, derivative security, ADS, +1 more

5 terms

Class A Ordinary Shares financial

"security_title: "Class A Ordinary Shares""

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

Options financial

"security_title: "Options""

Options are contracts that give investors the right to buy or sell an asset at a specific price within a certain time frame. They function like a reservation or a ticket that allows for potential profit or protection against price changes, making them useful tools for managing investment risks or speculating on market movements.

derivative security financial

"transaction_code_description: "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

ADS financial

"Each option is exercisable for one ADS or one Class A ordinary share."

Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.

exercise price financial

"The actual exercise price of the option is US $0.00005."

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

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^*

Zhang Yan (Claire)

(Last) (First) (Middle)

HUACE CENTER, BUILDING A,

10/F, XIHU DISTRICT

(Street)

HANGZHOU CHINA 310000

(City) (State) (Zip)

CHINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Tuya Inc. [ TUYA ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

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
Class A Ordinary Shares	05/14/2026		M		15,000	A	(2)	40,000	D

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
Options(1)	(2)	05/14/2026		M			15,000	01/01/2025	05/06/2032	Class A ordinary shares	15,000	(2)	15,000	D

Explanation of Responses:

1. Each option is exercisable for one ADS or one Class A ordinary share.

2. The actual exercise price of the option is US $0.00005.

	/s/ Chunyan Yu, Attorney-in-Fact for Zhang Yan (Claire)	05/18/2026
	** 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 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

What insider transaction did Tuya (TUYA) report for Zhang Yan (Claire)?

Tuya reported that director Zhang Yan (Claire) exercised stock options to acquire 15,000 Class A ordinary shares on May 14, 2026. This transaction converts derivative options into shares and is not an open-market buy or sell of Tuya stock.

How many Tuya (TUYA) shares does Zhang Yan (Claire) hold after this Form 4?

After the reported option exercise, Zhang Yan (Claire) directly holds 40,000 Class A ordinary shares of Tuya. This figure reflects her position following acquisition of 15,000 shares through exercising options disclosed in the May 14, 2026 transaction.

What was the exercise price of the Tuya (TUYA) options in this filing?

The options exercised by Zhang Yan (Claire) had an actual exercise price of US $0.00005 per option. Each option is exercisable for one American Depositary Share (ADS) or one Class A ordinary share of Tuya, according to the filing footnotes.

Did the Tuya (TUYA) director sell any shares in this Form 4?

The Form 4 shows only an option exercise by the Tuya director, with no reported share sales. She converted 15,000 options into 15,000 Class A ordinary shares and retained the resulting holdings, ending with 40,000 shares directly owned.

What type of securities were involved in this Tuya (TUYA) insider transaction?

The transaction involved derivative options and Class A ordinary shares of Tuya. Options covering 15,000 underlying Class A ordinary shares were exercised, resulting in issuance of 15,000 Class A ordinary shares to the director on May 14, 2026.