Weibo director exercises 6,250 ADS-equivalent shares
WEIBO Corp director Pochin Christopher Lu exercised vested equity awards, increasing his direct shareholding.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share | 6,250 | $0.00 | $0.00 |
| Exercise | ADS | 6,250 | $0.00 | $0.00 |
Footnotes (4)
- F1. Each American depositary share represents one Class A ordinary share.
- F2. 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.
- F3. The restricted shares vested on May 16, 2026.
- F4. The restricted shares do not have an expiration date.
Key Figures
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FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did WEIBO Corp (WB) report for Pochin Christopher Lu?
How many WEIBO Corp (WB) ADSs does Pochin Christopher Lu hold after this Form 4?
Was the WEIBO Corp (WB) Form 4 a buy or sell transaction?
What type of securities did WEIBO Corp (WB) director receive in this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.