What restricted share awards in WEIBO Corp (WB) does Pehong Chen report on his Form 3?

Chen reports restricted share awards over 6,250, 6,250 and 1,800 Class A ordinary shares . These awards have a $0.00 conversion price and no expiration date, reflecting equity-based compensation tied to future vesting dates.

Weibo (WB) director Pehong Chen details ADS and share awards

Q: What does the Form 3 filed by WEIBO Corp (WB) director Pehong Chen show?

The Form 3 shows Pehong Chen’s initial ownership in WEIBO Corp. It lists his direct and indirect ADS holdings and several restricted share awards, establishing his baseline equity position as a company director.

Q: How many WEIBO Corp (WB) ADSs does Pehong Chen hold directly and indirectly?

The filing reports 25,000 ADSs held directly by Pehong Chen and 141,376 ADSs held indirectly through the Chen Family Trust. Each American depositary share represents one Class A ordinary share of WEIBO Corp.

Q: How are the indirect WEIBO Corp (WB) ADS holdings of Pehong Chen structured?

The indirect holdings of 141,376 ADSs are held by the Chen Family Trust . The trust was established by Pehong Chen for his family’s benefit, with Chen and Adele W. Chi serving as trustees.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

WEIBO Corp director Pehong Chen filed an initial Form 3 detailing his ownership in the company. The filing lists direct holdings of 25,000 American depositary shares (ADSs), with each ADS representing one Class A ordinary share.

It also shows 141,376 ADSs held indirectly through the Chen Family Trust, which was established by Chen for the benefit of himself and his family, with Chen and Adele W. Chi as trustees. In addition, Chen holds restricted share awards covering 6,250, 6,250 and 1,800 Class A ordinary shares at a conversion price of $0.00, which do not have expiration dates and are scheduled to become exercisable on May 16, 2026, November 16, 2026 and May 16, 2027. The Form 3 records these as existing holdings rather than new open-market purchases or sales.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider CHEN PEHONG

Role Director

Type	Security	Shares	Price	Value
holding	Restricted Share	--	--	--
holding	Restricted Share	--	--	--
holding	Restricted Share	--	--	--
holding	ADS	--	--	--
holding	ADS	--	--	--

Holdings After Transaction: Restricted Share — 6,250 shares (Direct); ADS — 25,000 shares (Direct); ADS — 141,376 shares (Indirect, Held by Trust)

Footnotes (1)

Each American depositary share represents one Class A ordinary share. The restricted shares do not have an exipration date. The shares are held by Chen Family Trust that is established by Mr .Pehong Chen (as the settlor) for the benefit of Mr. Pehong Chen and his family, with the trustee being with Pehong Chen and Adele W Chi Trustees.

Understanding Insider Trading Forms →

03/13/2026 - 06:31 AM

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

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1. Name and Address of Reporting Person^*

CHEN PEHONG

(Last)

(First)

(Middle)

8/F, QIHAO PLAZA, NO. 8

XINYUAN S. ROAD CHAOYANG DISTRICT

(Street)

BEIJING

100027

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/13/2026

3. Issuer Name and Ticker or Trading Symbol
WEIBO Corp [ WB ]

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)
ADS⁽¹⁾	25,000	D
ADS⁽¹⁾	141,376	I	Held by Trust⁽³⁾

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)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	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)
Restricted Share	05/16/2026	⁽²⁾	Class A Ordinary Share	6,250	⁽²⁾	D
Restricted Share	11/16/2026	⁽²⁾	Class A Ordinary Share	6,250	⁽²⁾	D
Restricted Share	05/16/2027	⁽²⁾	Class A Ordinary Share	1,800	⁽²⁾	D

Explanation of Responses:

1. Each American depositary share represents one Class A ordinary share.

2. The restricted shares do not have an exipration date.

3. The shares are held by Chen Family Trust that is established by Mr .Pehong Chen (as the settlor) for the benefit of Mr. Pehong Chen and his family, with the trustee being with Pehong Chen and Adele W Chi Trustees.

	/s/ Chen Pehong	03/13/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What does the Form 3 filed by WEIBO Corp (WB) director Pehong Chen show?

The Form 3 shows Pehong Chen’s initial ownership in WEIBO Corp. It lists his direct and indirect ADS holdings and several restricted share awards, establishing his baseline equity position as a company director.

How many WEIBO Corp (WB) ADSs does Pehong Chen hold directly and indirectly?

The filing reports 25,000 ADSs held directly by Pehong Chen and 141,376 ADSs held indirectly through the Chen Family Trust. Each American depositary share represents one Class A ordinary share of WEIBO Corp.

When do Pehong Chen’s WEIBO Corp (WB) restricted shares become exercisable?

The restricted shares are scheduled to become exercisable on May 16, 2026, November 16, 2026 and May 16, 2027. These dates mark when the related Class A ordinary shares can be delivered under the awards.

How are the indirect WEIBO Corp (WB) ADS holdings of Pehong Chen structured?

The indirect holdings of 141,376 ADSs are held by the Chen Family Trust. The trust was established by Pehong Chen for his family’s benefit, with Chen and Adele W. Chi serving as trustees.

Does the WEIBO Corp (WB) Form 3 for Pehong Chen show any stock purchases or sales?

No, the Form 3 records , including ADS positions and restricted share awards. The transactions are classified as holdings, not open-market purchases or sales, providing a baseline ownership snapshot.