Vipshop director Lin Frank Hurst reports holdings

Vipshop Holdings Ltd director Lin Frank Hurst has filed an initial ownership report detailing his equity stake in the company.

Rhea-AI Filing Summary

Vipshop Holdings Ltd director Lin Frank Hurst has filed an initial ownership report detailing his equity stake in the company. The filing shows he directly holds 83,834 Class A ordinary shares and has 8,615 additional Class A ordinary shares issuable upon vesting of restricted share awards. These restricted awards were granted on April 1, 2024 and will vest in equal quarterly installments until April 1, 2028, subject to the award agreement terms. The disclosure is routine and does not reflect any recent share purchases or sales, but clarifies the size and structure of his current and future shareholdings.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Lin Frank Hurst

Role Director

Type	Security	Shares	Price	Value
holding	Class A ordinary shares	--	--	--
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Class A ordinary shares — 92,449 shares (Direct)

Footnotes (1)

1. F1. Represents 8,615 Class A ordinary shares issuable upon vesting of the underlying restricted share awards that remain outstanding as of the date hereof. The underlying restricted share awards were granted by the Issuer on April 1, 2024. The remaining restricted share awards will vest in equal installments on a quarterly basis until April 1, 2028, subject to the terms and conditions of the underlying award agreement.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 3 filing by Vipshop (VIPS) director Lin Frank Hurst show?

The Form 3 shows Lin Frank Hurst’s initial ownership in Vipshop. He directly holds 83,834 Class A ordinary shares and has 8,615 additional shares tied to restricted share awards that will vest over time, clarifying his current and potential future stake.

How many Vipshop (VIPS) shares does Lin Frank Hurst currently hold directly?

Lin Frank Hurst directly holds 83,834 Class A ordinary shares of Vipshop. This figure represents his existing, fully owned position and is separate from additional shares that may be issued later as his restricted share awards vest under their terms.

What are the 8,615 Vipshop (VIPS) shares mentioned in Lin Frank Hurst’s Form 3?

The 8,615 Class A ordinary shares are issuable upon vesting of restricted share awards. These awards were granted on April 1, 2024 and will vest in equal quarterly installments until April 1, 2028, subject to the award agreement conditions.

Does Lin Frank Hurst’s Vipshop (VIPS) Form 3 indicate any recent share purchases or sales?

The Form 3 does not indicate any recent purchases or sales. It is an initial ownership report listing 83,834 shares held and 8,615 shares issuable from restricted awards, providing a snapshot of his existing and potential future holdings.

Over what period will Lin Frank Hurst’s restricted Vipshop (VIPS) shares vest?

His restricted share awards will vest quarterly from April 1, 2024 until April 1, 2028. In each quarter, a portion of the 8,615 Class A ordinary shares becomes issuable, assuming he continues to meet the conditions in the award agreement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/18/2026 - 09:28 PM Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Lin Frank Hurst

(Last) (First) (Middle)

UNIT 1, LEVEL 10, TOWER W2,

ORIENTAL PLAZA, DONGCHENG DISTRICT

(Street)

BEIJING 100738

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Vipshop Holdings Ltd [ VIPS ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

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

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

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A ordinary shares	83,834	D
Class A ordinary shares(1)	8,615	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents 8,615 Class A ordinary shares issuable upon vesting of the underlying restricted share awards that remain outstanding as of the date hereof. The underlying restricted share awards were granted by the Issuer on April 1, 2024. The remaining restricted share awards will vest in equal installments on a quarterly basis until April 1, 2028, subject to the terms and conditions of the underlying award agreement.

	/s/ Frank Hurst Lin	03/18/2026
	** 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 5 (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 3: SEC 1473 (03-26)