Weibo Corp (NASDAQ: WB) director gains 6,250 ADSs through equity award vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WEIBO Corp director Pochin Christopher Lu exercised vested equity awards, increasing his direct shareholding. On May 16, 2026, 6,250 restricted shares granted under the company’s share incentive plans vested and were converted into ADSs, each representing one Class A ordinary share. After this derivative exercise, he directly owned 51,950 ADSs. These are compensation-related equity grants rather than open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,250 shares exercised/converted
Mixed
2 txns
Insider
Lu Pochin Christopher
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share | 6,250 | $0.00 | -- |
| Exercise | ADS | 6,250 | $0.00 | -- |
Holdings After Transaction:
Restricted Share — 0 shares (Direct, null);
ADS — 51,950 shares (Direct, null)
Footnotes (1)
- Each American depositary share represents one Class A ordinary share. Represents restricted shares granted to the reporting person pursuant to the issuer's share incentive plans. Each restricted share represents the contingent right to receive one (1) Class A ordinary share of issuer upon vesting. The restricted shares vested on May 16, 2026. The restricted shares do not have an expiration date.
Key Figures
Equity awards exercised: 6,250 shares
Holdings after transaction: 51,950 ADSs
Exercise price: $0.0000 per share
+1 more
4 metrics
Equity awards exercised
6,250 shares
Restricted shares vested and converted on May 16, 2026
Holdings after transaction
51,950 ADSs
Director’s direct ownership following Form 4 transaction
Exercise price
$0.0000 per share
Derivative exercise of restricted shares into Class A ordinary shares
Underlying security
6,250 Class A ordinary shares
Each restricted share convertible into one Class A ordinary share
Key Terms
American depositary share, restricted shares, share incentive plans, Class A ordinary share
4 terms
FAQ
What insider transaction did WEIBO Corp (WB) report for Pochin Christopher Lu?
WEIBO Corp reported that director Pochin Christopher Lu exercised 6,250 restricted shares on May 16, 2026. These vested awards converted into ADSs representing Class A ordinary shares as part of his equity compensation, not an open-market trade.
How many WEIBO Corp (WB) ADSs does Pochin Christopher Lu hold after this Form 4?
Following the May 16, 2026 vesting and exercise, Pochin Christopher Lu directly holds 51,950 ADSs. Each ADS represents one Class A ordinary share, reflecting his updated ownership after the compensation-related equity conversion.
Was the WEIBO Corp (WB) Form 4 a buy or sell transaction?
The Form 4 reflects an equity award vesting and derivative exercise, not an open-market buy or sell. 6,250 restricted shares vested and converted into ADSs as part of WEIBO Corp’s share incentive plans for director compensation.
What type of securities did WEIBO Corp (WB) director receive in this transaction?
The director received ADSs, with each American depositary share representing one Class A ordinary share. These ADSs came from 6,250 restricted shares that vested under WEIBO Corp’s share incentive plans on May 16, 2026.