STOCK TITAN

Weibo (NASDAQ: WB) director sells ADSs to cover taxes after vesting

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

WEIBO Corp director Du Hong reported equity compensation-related transactions involving American depositary shares (ADSs). On 2026-08-16, 6,250 vested restricted shares were converted into 6,250 Class A ordinary shares and acquired as 6,250 ADSs, at a stated conversion price of $0.00 per share, reflecting vesting rather than a market purchase. On 2026-08-17, 3,105 ADSs were disposed of at $7.6661 per ADS pursuant to a mandatory, non-discretionary sell-to-cover arrangement to satisfy income tax liabilities arising from the vesting. The filing does not indicate use of a Rule 10b5-1 trading plan.

Positive

  • None.

Negative

  • None.
Insider Du Hong
Role Director
Type Security Shares Price Value
Tax Withholding ADS F2 3,105 $7.6661 $24K
Conversion Restricted Share F3 6,250 $0.00 $0.00
Exercise ADS F1 6,250 $0.00 $0.00
Holdings After Transaction: Restricted Share — 0 shares (Direct); ADS — 107,870 shares (Direct)
Footnotes (3)
  1. F1. Acquired from vested restricted shares. Each American depositary share represents one Class A ordinary share.
  2. F2. Represents ADSs sold pursuant to a mandatory, non-discretionary, sell-to-cover arrangement for the purpose of satisfying income tax liabilities incurred upon vesting of restricted share.
  3. F3. The restricted shares do not have an expiration date.
ADSs acquired from vested restricted shares 6,250 ADSs Exercise/conversion transaction (code M) on 2026-08-16
ADSs disposed for tax withholding 3,105 ADSs Code F tax-liability transaction on 2026-08-17
Tax withholding sale price $7.6661 per ADS Price for 3,105 ADSs delivered or sold to satisfy income tax liabilities
Restricted shares converted 6,250 shares Restricted shares converted into Class A ordinary shares on 2026-08-16 (code C)
Conversion price of restricted shares $0.0000 per share Stated conversion price for 6,250 restricted shares to Class A ordinary shares
Exercise-related transactions count 1 transaction Exercise or conversion of derivative security (code M) in transaction summary
sell-to-cover arrangement financial
"Represents ADSs sold pursuant to a mandatory, non-discretionary, sell-to-cover arrangement"
American depositary share financial
"Each American depositary share represents one Class A ordinary share."
An American Depositary Share (ADS) is a U.S.-listed certificate that represents a specified number of shares in a foreign company, held by a custodian bank; it works like a receipt that allows U.S. investors to buy and trade foreign equity on American exchanges without dealing with another country’s markets. Investors care because ADSs make foreign stocks easier to access, improve liquidity and settlement in dollars, and can affect dividend payments, voting rights and regulatory oversight compared with buying the underlying foreign shares directly.
restricted share financial
"Acquired from vested restricted shares."
income tax liabilities financial
"for the purpose of satisfying income tax liabilities incurred upon vesting"

FAQ

What equity transactions did WEIBO Corp (WB) director Du Hong report on this Form 4?

Du Hong reported vesting and conversion of 6,250 restricted shares into ADSs on 2026-08-16, followed by the disposition of 3,105 ADSs on 2026-08-17 to cover income tax liabilities related to that vesting.

How many WEIBO Corp (WB) ADSs were acquired and disposed of in this Form 4?

The filing shows an acquisition of 6,250 ADSs linked to vested restricted shares and a disposition of 3,105 ADSs at $7.6661 per ADS under a sell-to-cover arrangement for tax liabilities incurred upon vesting.

What was the sale price for the WEIBO Corp (WB) ADSs disposed of by Du Hong?

The ADSs were disposed of at a price of $7.6661 per ADS. These 3,105 ADSs were sold or withheld pursuant to a mandatory, non-discretionary sell-to-cover arrangement to satisfy income tax liabilities from restricted share vesting.

Were Du Hong’s WEIBO Corp (WB) transactions made under a Rule 10b5-1 trading plan?

The filing indicates the Rule 10b5-1 checkbox is not marked, and the company states the sell-to-cover transaction was under a mandatory, non-discretionary arrangement for tax payments, not described as a Rule 10b5-1 plan.

What derivative security conversion did WEIBO Corp (WB) disclose for Du Hong?

The report shows a code C transaction converting 6,250 restricted shares (a derivative security) into 6,250 Class A ordinary shares on 2026-08-16, with a stated conversion price of $0.00 per share, reflecting vesting without additional cash payment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Du Hong

(Last)(First)(Middle)
8/F, QIHAO PLAZA, NO. 8
XINYUAN S. ROAD CHAOYANG DISTRICT

(Street)
BEIJING100027

(City)(State)(Zip)

CHINA

(Country)
2. Issuer Name and Ticker or Trading Symbol
WEIBO Corp [ WB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
[HKEX: 9898]
3. Date of Earliest Transaction (Month/Day/Year)
08/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
ADS(1)08/16/2026M6,250A$0110,975D
ADS(2)08/17/2026F3,105D$7.6661107,870D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share$008/16/2026C6,25008/16/2026 (3)Class A Ordinary Share6,250$00D
Explanation of Responses:
1. Acquired from vested restricted shares. Each American depositary share represents one Class A ordinary share.
2. Represents ADSs sold pursuant to a mandatory, non-discretionary, sell-to-cover arrangement for the purpose of satisfying income tax liabilities incurred upon vesting of restricted share.
3. The restricted shares do not have an expiration date.
/s/ Du Hong08/18/2026
** Signature of Reporting PersonDate
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 4 (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 4: SEC 1474 (03-26)