Uxin (NASDAQ: UXIN) director Ying Li receives 7,454 ADS equity grant

Rhea-AI Filing Summary

Ying Li reported acquisition or exercise transactions in this Form 4 filing.

Uxin Ltd director Ying Li received a compensation grant of 7,454 American Depositary Shares (ADS) through restricted share units that vested immediately at no cash cost. After this award, Ying Li directly holds 24,560 ADS. Each ADS represents 300 Class A ordinary shares of Uxin Ltd.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ying Li

Role null

Type	Security	Shares	Price	Value
Grant/Award	American Depositary Shares	7,454	$0.00	--

Holdings After Transaction: American Depositary Shares — 24,560 shares (Direct, null)

Footnotes (1)

1. Each American depositary share represents 300 Class A ordinary shares of the issuer. On April 23, 2025, the reporting person was granted with 7,454 restricted share units pursuant to the issuer's share incentive plan, representing 7,454 Americal depositary shares of the issuer. These restricted share units were vested on the same date.

Key Figures

ADS granted: 7,454 ADS Grant price: $0.0000 per ADS Holdings after transaction: 24,560 ADS +1 more

4 metrics

ADS granted 7,454 ADS Restricted share unit award to director Ying Li

Grant price $0.0000 per ADS Equity compensation, no cash paid

Holdings after transaction 24,560 ADS Ying Li direct ownership following award

ADS to ordinary share ratio 1 ADS = 300 Class A ordinary shares Uxin capital structure representation

Key Terms

American depositary share, restricted share units, share incentive plan, Grant, award, or other acquisition

4 terms

American depositary share financial

"Each American depositary share represents 300 Class A ordinary shares of the issuer."

An American Depositary Share (ADS) is a U.S.-listed certificate that represents a specified number of shares in a foreign company, held by a custodian bank; it works like a receipt that allows U.S. investors to buy and trade foreign equity on American exchanges without dealing with another country’s markets. Investors care because ADSs make foreign stocks easier to access, improve liquidity and settlement in dollars, and can affect dividend payments, voting rights and regulatory oversight compared with buying the underlying foreign shares directly.

restricted share units financial

"the reporting person was granted with 7,454 restricted share units pursuant to the issuer's share incentive plan"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

share incentive plan financial

"granted with 7,454 restricted share units pursuant to the issuer's share incentive plan"

A share incentive plan is a company program that gives employees or directors the chance to receive or buy company shares, often after staying with the firm or meeting performance goals. It matters to investors because it’s like giving workers a slice of the company pie to boost performance and loyalty, but issuing those slices can reduce each existing owner’s portion and change metrics such as earnings per share and share count.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

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^*

Ying Li

(Last) (First) (Middle)

NO. 16 GUANGSHUN S. AVENUE,

CHAOYANG DIST

(Street)

BEIJING 100102

(City) (State) (Zip)

CHINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Uxin Ltd [ XIN ]

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)
04/23/2026

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 Shares(1)	04/23/2026		A		7,454(2)	A	$0	24,560	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

Explanation of Responses:

1. Each American depositary share represents 300 Class A ordinary shares of the issuer.

2. On April 23, 2025, the reporting person was granted with 7,454 restricted share units pursuant to the issuer's share incentive plan, representing 7,454 Americal depositary shares of the issuer. These restricted share units were vested on the same date.

	/s/ Li Ying	04/24/2026
	** 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 Uxin (UXIN) director Ying Li report?

Uxin director Ying Li reported receiving 7,454 American Depositary Shares as a stock-based compensation grant. The award came via restricted share units that vested immediately and did not involve any open-market purchase or sale activity by the director.

How many Uxin (UXIN) shares does Ying Li hold after this Form 4?

Following the reported grant, Ying Li directly holds 24,560 American Depositary Shares of Uxin. This total includes the newly awarded 7,454 ADS and reflects the director’s updated post-transaction position as disclosed in the Form 4 filing.

Was cash paid for the Uxin (UXIN) shares granted to Ying Li?

No cash was paid for the shares reported in this filing. Ying Li received 7,454 American Depositary Shares at a reported price of $0.0000 per share, indicating they were granted as equity compensation rather than purchased in the open market.

What do Uxin (UXIN) American Depositary Shares represent in this filing?

Each Uxin American Depositary Share represents 300 Class A ordinary shares of the company. The Form 4 notes this ratio, clarifying that the 7,454 ADS granted to Ying Li correspond economically to a larger number of underlying ordinary shares in Uxin’s capital structure.

Is Ying Li’s Uxin (UXIN) Form 4 transaction a market buy or sell?

The transaction is not a market buy or sell. It is coded as an "A" transaction, meaning a grant, award, or other acquisition. Ying Li received restricted share units that converted into American Depositary Shares as part of Uxin’s share incentive compensation plan.