VNET Group (NASDAQ: VNET) files Form 144 to sell 150,000 ADS

Rhea-AI Filing Summary

VNET Group, Inc. submitted a Form 144 notifying a proposed sale of 150,000 American Depositary Shares, each representing six Class A ordinary shares, on NASDAQ. The filing lists multiple prior vesting events for ADS grants (examples: 39,146, 21,081, 25,413, 44,665, 7,444) and is dated 03/20/2026.

Insights

Securities Attorney

Form 144 notifies a proposed resale of ADS by holders under Rule 144.

Form 144 provides notice of an intended resale under Rule 144 rather than a completed transaction. The filing lists 150,000 American Depositary Shares as the proposed quantity and identifies the market as NASDAQ.

Permitted sale timing and mechanics depend on Rule 144 conditions and holder decisions; subsequent filings will show actual dispositions.

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	150000	1399500.00	1614155406	03/20/2026	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	05/27/2020	Vesting of restricted share units granted under share incentive plans	VNET Group, Inc.			39146	05/27/2020	Vesting of restricted share units
American Depositary Shares, each representing six Class A ordinary shares	05/27/2020	Vesting of restricted share units granted under share incentive plans	VNET Group, Inc.			21081	05/27/2020	Vesting of restricted share units
American Depositary Shares, each representing six Class A ordinary shares	03/05/2024	Vesting of restricted share units granted under share incentive plans	VNET Group, Inc.			25413	03/05/2024	Vesting of restricted share units
American Depositary Shares, each representing six Class A ordinary shares	07/23/2024	Vesting of restricted share units granted under share incentive plans	VNET Group, Inc.			44665	07/23/2024	Vesting of restricted share units
American Depositary Shares, each representing six Class A ordinary shares	01/02/2025	Vesting of restricted share units granted under share incentive plans	VNET Group, Inc.			7444	01/02/2025	Vesting of restricted share units
American Depositary Shares, each representing six Class A ordinary shares	01/16/2025	Vesting of restricted share units granted under share incentive plans	VNET Group, Inc.			7444	01/16/2025	Vesting of restricted share units
American Depositary Shares, each representing six Class A ordinary shares	04/01/2025	Vesting of restricted share units granted under share incentive plans	VNET Group, Inc.			7444	04/01/2025	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 filing announce?

It notifies a proposed resale of 150,000 American Depositary Shares on NASDAQ. The filing is a regulatory notice of intent to sell; it does not confirm the sale was completed.

How many ADS vesting events are listed in the Form 144 excerpt?

The excerpt lists multiple vesting entries including 39,146, 21,081, 25,413, 44,665, and 7,444 ADS. These rows reflect past vesting of restricted share units.

Who is identified as the issuer in the filing?

The filing identifies VNET Group, Inc. as the issuer and records the market as NASDAQ with a filing date of 03/20/2026 in the excerpt.

Does Form 144 mean the shares have been sold?

No. Form 144 is a notice of intent to sell under resale rules. It signals the holder may sell; actual sales would be reported later if and when executed.

Are ADS conversion ratios shown in the excerpt?

Yes. The excerpt states each American Depositary Share represents six Class A ordinary shares, as shown in the securities description.