Futu Securities to sell 13,924 ADS representing six VNET shares (NASDAQ: VNET)

Rhea-AI Filing Summary

Futu Securities International (Hong Kong) Ltd submitted a Form 144 notice to sell 13,924 American Depositary Shares, each representing six Class A ordinary shares of VNET Group, Inc.. The filing references vesting of restricted share units on 07/31/2025 and is dated 03/23/2026.

Insights

Securities Compliance Analyst

Routine Rule 144 notice tied to vested restricted share units.

The filing lists 13,924 ADS to be sold and specifies that each ADS represents six Class A ordinary shares. It also records the 07/31/2025 vesting date for restricted share units.

This is a procedural disclosure under resale rules rather than a corporate action; the filing does not quantify proceeds or distribution methods in the provided excerpt. Subsequent transfer or sale timing and mechanics depend on resale conditions under Rule 144 and any applicable lockups.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
American Depositary Shares, each representing six Class A ordinary shares	Futu Securities International (Hong Kong) Ltd 34/F, United Centre 95 Queensway Admiralty K3 000000	13924	131860.28	1614155406	03/23/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
American Depositary Shares, each representing six Class A ordinary shares	07/31/2025	Vesting of restricted share units granted under share incentive plans	VNET Group, Inc.			13924	07/31/2025	Vesting of restricted share units

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does VNET's Form 144 filed by Futu Securities report?

It reports a proposed sale of 13,924 ADS representing six Class A shares each. The filing also notes restricted share units vested on 07/31/2025, which underpin the resale.

How many underlying ordinary shares does each ADS represent for VNET?

Each ADS represents six Class A ordinary shares. The Form 144 text repeats this conversion, clarifying the ADS-to-ordinary-share ratio for the securities listed.

Who submitted the Form 144 for VNET and when was it dated?

The Form 144 was submitted by Futu Securities International (Hong Kong) Ltd and the excerpt shows a date of 03/23/2026 on the filing.

Does the filing show why the ADS are being sold?

The filing links the ADS to the vesting of restricted share units on 07/31/2025. It identifies vesting as the source of the shares available for resale.