How are WEIBO Corp ADS related to Class A ordinary shares in this filing?

Footnotes clarify that each WEIBO Corp American depositary share represents one Class A ordinary share. This one-to-one relationship means the ADS totals cited, including the 827,986 ADS held via Seawave Ventures and 104,725 ADS held directly, correspond to equal numbers of underlying Class A ordinary shares.

What do the restricted share awards in Du Hong’s WEIBO Corp filing represent?

The restricted share awards represent rights tied to Class A ordinary shares, each with an exercise price of 0.0000. They have no expiration date and are scheduled to vest on multiple dates from August 16, 2026, through August 16, 2029, expanding potential future Class A share ownership upon vesting.

Does Du Hong’s Form 3 show any recent WEIBO Corp share purchases or sales?

The Form 3 lists holdings and restricted share positions but does not show any coded purchase or sale transactions. All entries are categorized as holdings with unknown transaction codes, consistent with an initial ownership report that establishes Du Hong’s starting equity position as a WEIBO Corp director.

Du Hong (NASDAQ: WB) details Weibo ADS and share stakes

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

WEIBO Corp director Du Hong filed an initial ownership report showing a mix of direct and indirect equity interests. Du Hong indirectly holds 827,986 ADS through Seawave Ventures Investments Limited and directly holds 104,725 ADS and 7,015 Class A ordinary shares. The filing also lists multiple restricted share awards, each convertible into Class A ordinary shares at an exercise price of 0.0000, with vesting dates ranging from August 16, 2026 through August 16, 2029. Each ADS represents one Class A ordinary share.

Insider Trade Summary

10 transactions reported

Mixed 10 txns

Insider Du Hong

Role Director

Type	Security	Shares	Price	Value
holding	Restricted Share	--	--	--
holding	Restricted Share	--	--	--
holding	Restricted Share	--	--	--
holding	Restricted Share	--	--	--
holding	Restricted Share	--	--	--
holding	Restricted Share	--	--	--
holding	Restricted Share	--	--	--
holding	ADS	--	--	--
holding	ADS	--	--	--
holding	Class A Ordinary Shares	--	--	--

Holdings After Transaction: Restricted Share — 6,250 shares (Direct); ADS — 104,725 shares (Direct); ADS — 827,986 shares (Indirect, by Seawave Ventures Investments Limited); Class A Ordinary Shares — 7,015 shares (Direct)

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 Seawave Ventures Investments Limited, which was wholly owned by Du Hong. Seawave Ventures Investments Limited was registered in Vistra Corporate Services Centre, WickhamsCay II, Road Town, Tortola, VG1110, British Virgin Islands.

Understanding Insider Trading Forms →

03/13/2026 - 06:44 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

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Du Hong

(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⁾	104,725	D
ADS⁽¹⁾	827,986	I	by Seawave Ventures Investments Limited⁽³⁾
Class A Ordinary Shares	7,015	D

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	08/16/2026	⁽²⁾	Class A Ordinary Share	6,250	⁽²⁾	D
Restricted Share	02/16/2027	⁽²⁾	Class A Ordinary Share	6,250	⁽²⁾	D
Restricted Share	08/16/2027	⁽²⁾	Class A Ordinary Share	6,250	⁽²⁾	D
Restricted Share	02/16/2028	⁽²⁾	Class A Ordinary Share	6,250	⁽²⁾	D
Restricted Share	08/16/2028	⁽²⁾	Class A Ordinary Share	6,250	⁽²⁾	D
Restricted Share	02/16/2029	⁽²⁾	Class A Ordinary Share	6,250	⁽²⁾	D
Restricted Share	08/16/2029	⁽²⁾	Class A Ordinary Share	6,150	⁽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 Seawave Ventures Investments Limited, which was wholly owned by Du Hong. Seawave Ventures Investments Limited was registered in Vistra Corporate Services Centre, WickhamsCay II, Road Town, Tortola, VG1110, British Virgin Islands.

	/s/ Du Hong	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 Du Hong’s Form 3 filing for WEIBO Corp (WB) disclose?

The Form 3 discloses Du Hong’s initial ownership in WEIBO Corp, including direct ADS and Class A ordinary share holdings, indirect ADS held through Seawave Ventures Investments Limited, and several restricted share awards that can convert into Class A ordinary shares at no exercise price over future dates.

How many WEIBO Corp ADS does Du Hong hold indirectly through Seawave Ventures?

Du Hong indirectly holds 827,986 American depositary shares of WEIBO Corp through Seawave Ventures Investments Limited. Footnotes state Seawave Ventures is wholly owned by Du Hong, and each ADS represents one Class A ordinary share, linking these indirect ADS to equivalent Class A share interests.

What WEIBO Corp securities does Du Hong hold directly according to the Form 3?

Du Hong directly holds 104,725 WEIBO Corp ADS and 7,015 Class A ordinary shares. The filing also shows several direct restricted share awards linked to Class A ordinary shares, which have a zero exercise price and vest on specified future dates between 2026 and 2029.