Welcome to our dedicated page for Waterdrop SEC filings (Ticker: WDH), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Waterdrop Inc. filings document foreign-private-issuer reporting for an ADR whose ADSs represent rights to Class A ordinary shares. Form 6-K current reports furnish unaudited financial results, cash dividend announcements, insurance business metrics, Waterdrop Medical Crowdfunding activity, and E-Find Platform clinical trial enrollment disclosures.
The company’s regulatory record also covers annual Form 20-F reporting, audited consolidated financial statements, board composition changes, finance leadership responsibilities, internal control oversight, and other governance matters reported by a foreign issuer under the Exchange Act.
Waterdrop Inc. director and Head of Insurance Business Ran Wei filed an amended Form 3 reporting his equity interests in the company. The filing is holdings-only, with no new buy or sell transactions reported.
The disclosure shows share options over 200,000 Class A ordinary shares, granted on March 25, 2021 with a US$0.08 exercise price, which are fully vested and exercisable. It also records 11,088,000 Class A ordinary shares held by Christmastrees Holdings Limited, where Ran Wei, as sole director, has sole voting and disposal power, and an indirect pecuniary interest in 1,000,000 Class A ordinary shares held by Ark Trust (Hong Kong) Limited. Several restricted share unit awards have resulted in or will result in Class A ordinary shares, including fully vested awards of 1,039,630 shares granted on October 1, 2022 and 2,083,340 shares granted on January 1, 2023, plus additional awards that vest in installments through 2030.
Waterdrop Inc. executive Li Jieru, VP of Finance and Head of Strategy and Capital Markets, filed an amended Form 3 detailing her equity holdings. She holds share options over 375,000 Class A ordinary shares, of which 250,000 are currently exercisable and the remainder vest on March 25, 2026, at an exercise price of US$0.08 per share. She also holds another option grant over 275,000 shares that is fully vested at the same exercise price.
The filing lists restricted share unit awards tied to Class A ordinary shares. One award covers 240,000 shares, with 100,000 already vested and the rest vesting on October 1, 2026. A second award covers 1,530,000 shares, with 450,000 vested and the balance vesting in installments on March 1, 2027 and March 1, 2028. Additional awards cover 646,410 shares vesting annually from April 1, 2026 through April 1, 2029, and 500,000 shares vesting annually from February 1, 2027 through February 1, 2030, highlighting a long-term, performance- and service-based compensation structure.
Waterdrop Inc. Head of R&D ZHOU Xiaobo has amended his insider holdings disclosure, detailing current equity awards and share ownership. He reports share options granted on March 25, 2021 that are fully vested and exercisable at an exercise price of US$0.08 per Class A ordinary share, covering 600,000 underlying shares.
The amendment also outlines multiple restricted share unit (RSU) grants. These include awards granted on March 25, 2022, October 1, 2022, December 25, 2023, April 1, 2024, March 1, 2025, and February 24, 2026, with portions already vested and the remaining units scheduled to vest in installments through 2030. Overall, the filing provides a clearer view of ZHOU’s mix of vested shares, fully vested options, and time-based RSUs that vest over the next several years.
Waterdrop Inc. Head of Legal Liu Nian filed an initial Form 3 reporting equity holdings in the company’s Class A ordinary shares. The filing shows several restricted share unit (RSU) awards for 700,000, 900,000, 552,610 and 700,000 shares, each granted between March 2025 and October 2022 with vesting schedules extending through 2030.
The RSUs vest in stages, with portions already vested and the remainder vesting on dates including October 1, 2026, March 1, 2027, March 1, 2028, and installments from April 1, 2026 to April 1, 2029, and from February 1, 2027 to February 1, 2030. Liu Nian also holds fully vested share options granted on March 25, 2021, covering 500,000 and 200,000 Class A ordinary shares at an exercise price of US$0.08 per share.
Waterdrop Inc. director Wei Chenyang has filed an initial ownership report showing equity awarded as compensation rather than new market trades. Wei holds 299,820 Class A ordinary shares issued upon vesting of restricted share units that were granted on June 25, 2023 and are now fully vested.
Wei also holds share options covering 150,000 Class A ordinary shares, granted on June 25, 2021, which are fully vested and exercisable at an exercise price of US$0.08 per Class A ordinary share. These positions reflect existing, fully vested awards and do not indicate recent buying or selling in the open market.
Waterdrop Inc.’s Head of Finance, Xu Xiaoying, has reported her beneficial ownership of Class A ordinary shares. The report lists 600,000 Class A ordinary shares held directly, along with several restricted share unit (RSU) awards that are issued or issuable as they vest over time.
One RSU grant covers 4,500,000 Class A ordinary shares awarded on March 25, 2023, of which 2,025,000 shares have vested, with the remainder vesting in installments on March 25, 2026 and March 25, 2027. A second grant covers 1,000,000 shares awarded on April 1, 2024, with 400,000 shares vested and the balance vesting on March 1, 2027 and March 1, 2028. Additional RSU grants for 553,820 and 700,000 shares, awarded on March 1, 2025 and February 24, 2026, are scheduled to vest in installments between April 1, 2026 and February 1, 2030.
Waterdrop Inc. director Guan Wenjie has filed an initial statement of beneficial ownership on Form 3. This filing shows there are no reported transactions and no share or derivative positions listed for the reporting person at this time.
Waterdrop Inc. director and Head of Insurance Business Ran Wei filed an initial Form 3 reporting his ownership of Class A ordinary shares and equity awards. He has voting and disposal power over 11,088,000 Class A ordinary shares held by Christmastrees Holdings Limited, where he is the sole director.
The filing notes his indirect pecuniary interest in 1,000,000 Class A ordinary shares held by Ark Trust (Hong Kong) Limited, while he disclaims beneficial ownership except to that extent. It also details multiple restricted share unit awards, including 1,416,660 and 2,083,340 Class A ordinary shares that have fully vested, as well as additional awards of 56,340, 500,000 and 1,200,000 shares that are issued or issuable under vesting schedules extending to dates such as January 1, 2027, March 1, 2028 and February 1, 2030.
The Form 3 further reports fully vested share options covering 200,000 Class A ordinary shares, granted on March 25, 2021, with an exercise price of US$0.08 per share.
Waterdrop Inc. filed an initial insider ownership report for Head of R&D ZHOU Xiaobo, detailing existing equity awards rather than new market trades. The filing shows share options covering 600,000 Class A ordinary shares with an exercise price of US$0.08 per share, all fully vested.
It also lists multiple restricted share unit (RSU) grants, including 800,000 Class A ordinary shares granted on March 25, 2022 that are fully vested, and 800,000 granted on October 1, 2022, with 520,000 already vested and the rest vesting on October 1, 2026. Additional RSU awards cover 1,500,000 shares from a December 25, 2023 grant vesting through December 1, 2027, 600,000 shares from an April 1, 2024 grant vesting through March 1, 2028, 537,180 shares from a March 1, 2025 grant vesting through April 1, 2029, and 600,000 shares from a February 24, 2026 grant vesting through February 1, 2030.
Waterdrop Inc. director Lin Chen filed an initial ownership report showing holdings of 220,000 Class A ordinary shares. These shares were issued upon the vesting of restricted share unit awards that were granted on March 25, 2025 and are now fully vested.