Director Sean Shao (VNET) reports ADS-based holdings in VNET Group

Rhea-AI Filing Summary

VNET Group, Inc. director Sean Shao filed an initial ownership report showing beneficial ownership of 1,043,820 Class A ordinary shares. These holdings are in the form of American depositary shares, with each ADS representing six Class A ordinary shares of the issuer. The filing does not reflect any recent share purchases or sales, only Sean Shao’s existing position as of the reporting date.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Shao Sean

Role Director

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

Holdings After Transaction: Class A ordinary shares — 1,043,820 shares (Direct)

Footnotes (1)

1. [object Object]

Understanding Insider Trading Forms →

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

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1. Name and Address of Reporting Person^*

Shao Sean

(Last) (First) (Middle)

10# JIUXIANQIAO EAST ROAD,

CHAOYANG DISTRICT

(Street)

BEIJING F4 100016

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
VNET Group, Inc. [ VNET ]

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

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

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

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(1)	1,043,820	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. The Class A ordinary shares are held in the form of American depositary shares, each representing six Class A ordinary shares of the issuer.

	/s/ Sean Shao	03/17/2026
	** 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.

FAQ

What does Sean Shao’s Form 3 filing for VNET Group, Inc. show?

The Form 3 shows that director Sean Shao beneficially owns 1,043,820 Class A ordinary shares of VNET Group, Inc., reported as his initial ownership position rather than a new transaction or change in holdings.

How many VNET Class A ordinary shares does Sean Shao report owning?

Sean Shao reports beneficial ownership of 1,043,820 Class A ordinary shares of VNET Group, Inc. This number reflects his direct ownership position as disclosed in the Form 3 insider ownership report filed with the SEC.

In what form are Sean Shao’s VNET shares held according to the Form 3?

Sean Shao’s VNET holdings are held in the form of American depositary shares, with each ADS representing six Class A ordinary shares. This structure allows the Class A ordinary shares to trade in U.S. markets through ADSs.

Does Sean Shao’s VNET Form 3 indicate any recent buy or sell transactions?

The Form 3 does not indicate any recent buy or sell transactions. It serves as an initial statement of beneficial ownership, listing Sean Shao’s existing 1,043,820 Class A ordinary shares rather than reporting new trading activity.

What role does Sean Shao hold at VNET Group, Inc. in this filing?

In this filing, Sean Shao is identified as a director of VNET Group, Inc. The Form 3 reflects his position as a board member and discloses his beneficial ownership in the company’s Class A ordinary shares through ADSs.