Vipshop (VIPS) director Chien details shares, options and RSUs in Form 3

Rhea-AI Filing Summary

Vipshop Holdings Ltd director Kathleen Chien has filed an initial Form 3 reporting her equity holdings in the company. She reports direct ownership of 53,834 Class A ordinary shares. In addition, she holds share options covering 44,568 Class A ordinary shares at an exercise price of $2.5000 per share, which are fully vested and exercisable and expire on December 31, 2027. She also has 8,615 Class A ordinary shares issuable upon vesting of restricted share awards that were granted on April 1, 2024 and will continue to vest in equal quarterly installments until April 1, 2028, subject to the terms of the award agreement. The filing reflects ownership positions rather than new share purchases or sales.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Chien Kathleen

Role Director

Type	Security	Shares	Price	Value
holding	Share Options (Right to Buy)	--	--	--
holding	Class A ordinary shares	--	--	--
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Share Options (Right to Buy) — 44,568 shares (Direct); Class A ordinary shares — 53,834 shares (Direct)

Footnotes (1)

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. All options granted have been fully vested and exercisable as of the date hereof.

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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^*

Chien Kathleen

(Last) (First) (Middle)

15TH FLOOR, BUILDING T6

CRYSTAL PLAZA, 100 JIANGYAO ROAD

(Street)

SHANGHAI 200126

(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	53,834	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
Share Options (Right to Buy)	(2)	12/31/2027	Class A ordinary shares	44,568	$2.5	D

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.

2. All options granted have been fully vested and exercisable as of the date hereof.

	/s/ Kathleen Chien	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)

FAQ

What does Vipshop (VIPS) director Kathleen Chien report on this Form 3?

Kathleen Chien reports her initial ownership in Vipshop Holdings Ltd, including 53,834 directly held Class A ordinary shares, fully vested options for 44,568 shares at $2.5000, and 8,615 Class A shares underlying unvested restricted awards vesting through April 1, 2028.

How many Vipshop (VIPS) share options does Kathleen Chien hold and at what price?

She holds share options over 44,568 Class A ordinary shares with a fixed exercise price of $2.5000 per share. According to the disclosure, all these options are fully vested and exercisable and are scheduled to expire on December 31, 2027, if not exercised earlier.

What restricted share awards does Kathleen Chien have in Vipshop (VIPS)?

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

Are the options reported by Kathleen Chien in Vipshop (VIPS) already vested?

Yes. The filing states that all options granted to Kathleen Chien have been fully vested and exercisable as of the reporting date. She may exercise these options for 44,568 Class A ordinary shares at $2.5000 per share until their expiration on December 31, 2027.

Does this Vipshop (VIPS) Form 3 show any recent share purchases or sales by Kathleen Chien?

No. The Form 3 is an initial ownership report and lists existing holdings and awards rather than recent market transactions. It details directly held shares, fully vested options, and unvested restricted share awards with future vesting through April 1, 2028.