Weibo director logs 6,250 ADS share vesting
WEIBO Corp director Du Hong reported equity compensation-related transactions involving American depositary shares (ADSs).
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 Trade Summary
| 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 |
Footnotes (3)
- F1. Acquired from vested restricted shares. Each American depositary share represents one Class A ordinary share.
- 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.
- F3. The restricted shares do not have an expiration date.
Key Figures
Key Terms
sell-to-cover arrangement financial
income tax liabilities financial
FAQ
What equity transactions did WEIBO Corp (WB) director Du Hong report on this Form 4?
How many WEIBO Corp (WB) ADSs were acquired and disposed of in this Form 4?
What was the sale price for the WEIBO Corp (WB) ADSs disposed of by Du Hong?
Were Du Hong’s WEIBO Corp (WB) transactions made under a Rule 10b5-1 trading plan?
What derivative security conversion did WEIBO Corp (WB) disclose for Du Hong?
AI-generated analysis. How Rhea-AI works. Not financial advice.