UTime Ltd (WTO) director awarded 200,000 RSUs vesting immediately

Q: What insider transaction did UTime Ltd (WTO) report for Wang Yanzhi?

UTime Ltd reported that director Wang Yanzhi received an equity grant. On April 29, 2026, Wang was awarded 200,000 restricted stock units , each representing one Class A ordinary share, increasing direct holdings to 200,000 shares after the transaction.

Q: How many UTime Ltd (WTO) shares are involved in the new RSU grant?

The grant covers 200,000 restricted stock units . Each RSU represents the right to receive one UTime Class A ordinary share, so the award corresponds to 200,000 Class A Ordinary Shares, all reflected as directly owned after the grant.

Q: When were the 200,000 RSUs granted to UTime Ltd (WTO) director Wang Yanzhi?

The RSUs were granted on April 29, 2026 . According to the disclosure, this grant date also starts the vesting, as the restricted stock units vest immediately following the date of grant, making the shares fully earned right away.

Q: What are the vesting terms of Wang Yanzhi’s RSUs at UTime Ltd (WTO)?

The 200,000 RSUs vest immediately after the grant date. This means there is no multi-year vesting schedule; the director becomes entitled to receive one Class A ordinary share for each RSU right after the award date.

Q: Did UTime Ltd (WTO) director Wang Yanzhi buy shares on the open market?

No, this is reported as a grant or award acquisition , not a market purchase. The Form 4 classifies the transaction under code “A,” indicating compensation-related issuance of 200,000 RSUs rather than an open-market buy or sell.

Q: How many UTime Ltd (WTO) shares does Wang Yanzhi hold after the RSU award?

After the award, total direct holdings are 200,000 shares . The Form 4 shows that all 200,000 shares from the immediately vesting RSUs are reflected as directly owned Class A Ordinary Shares following the reported transaction.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Wang Yanzhi reported acquisition or exercise transactions in this Form 4 filing.

UTime Ltd director Wang Yanzhi received an equity grant of 200,000 Class A Ordinary Shares through restricted stock units. On April 29, 2026, Wang was awarded 200,000 RSUs that vest immediately after the grant date, with each RSU delivering one Class A ordinary share. Following this compensation award, Wang directly holds 200,000 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Wang Yanzhi

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Ordinary Shares	200,000	$0.00	--

Holdings After Transaction: Class A Ordinary Shares — 200,000 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

RSUs granted: 200,000 units Shares after transaction: 200,000 shares Grant date: April 29, 2026 +1 more

4 metrics

RSUs granted 200,000 units Restricted stock units awarded April 29, 2026

Shares after transaction 200,000 shares Class A Ordinary Shares directly owned following grant

Grant date April 29, 2026 Date RSUs were awarded and began immediate vesting

Reported grant price $0.00 per share Form 4 transaction price per share field

Key Terms

restricted stock units, RSUs, Class A Ordinary Shares, Grant, award, or other acquisition

4 terms

restricted stock units financial

"the Reporting Person was awarded 200,000 restricted stock units ("RSUs"), which RSUs vest immediately"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

RSUs financial

"200,000 restricted stock units ("RSUs"), which RSUs vest immediately following the date of grant"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

Class A Ordinary Shares financial

"Each RSU represents the right to receive one UTime Class A ordinary share"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition" for this Form 4 entry"

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Form 4 Insider Transactions: What Each Field Means →

05/28/2026 - 05:30 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wang Yanzhi

(Last)

(First)

(Middle)

7TH FLOOR BUILDING 5A

SHENZEN SOFTWARE INDUSTRY BASE

(Street)

NANSHEN

SHENZEN

518061

(City)

(State)

(Zip)

CHINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
UTime Ltd [ WTO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Ordinary Shares	04/29/2026		A		200,000⁽¹⁾	A	$0.00	200,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. On April 29, 2026, the Reporting Person was awarded 200,000 restricted stock units ("RSUs"), which RSUs vest immediately following the date of grant. Each RSU represents the right to receive one UTime Class A ordinary share.

	/s/ Yanzhi Wang	05/28/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did UTime Ltd (WTO) report for Wang Yanzhi?

UTime Ltd reported that director Wang Yanzhi received an equity grant. On April 29, 2026, Wang was awarded 200,000 restricted stock units, each representing one Class A ordinary share, increasing direct holdings to 200,000 shares after the transaction.

How many UTime Ltd (WTO) shares are involved in the new RSU grant?

The grant covers 200,000 restricted stock units. Each RSU represents the right to receive one UTime Class A ordinary share, so the award corresponds to 200,000 Class A Ordinary Shares, all reflected as directly owned after the grant.

When were the 200,000 RSUs granted to UTime Ltd (WTO) director Wang Yanzhi?

The RSUs were granted on April 29, 2026. According to the disclosure, this grant date also starts the vesting, as the restricted stock units vest immediately following the date of grant, making the shares fully earned right away.

What are the vesting terms of Wang Yanzhi’s RSUs at UTime Ltd (WTO)?

The 200,000 RSUs vest immediately after the grant date. This means there is no multi-year vesting schedule; the director becomes entitled to receive one Class A ordinary share for each RSU right after the award date.

Did UTime Ltd (WTO) director Wang Yanzhi buy shares on the open market?

No, this is reported as a grant or award acquisition, not a market purchase. The Form 4 classifies the transaction under code “A,” indicating compensation-related issuance of 200,000 RSUs rather than an open-market buy or sell.

How many UTime Ltd (WTO) shares does Wang Yanzhi hold after the RSU award?

After the award, total direct holdings are 200,000 shares. The Form 4 shows that all 200,000 shares from the immediately vesting RSUs are reflected as directly owned Class A Ordinary Shares following the reported transaction.