UTime Ltd (NASDAQ: WTO) grants director 180,000 Class A shares
Rhea-AI Filing Summary
Bao Minfei reported acquisition or exercise transactions in this Form 4 filing.
UTime Ltd director Bao Minfei received an equity award of 180,000 Class A ordinary shares on July 22, 2026 under Utime Limited's 2026 Equity Incentive Plan at $12.30 per share. After this grant, he beneficially owns 200,004 Class A shares, including 4 held through Gransky Phoenix Limited.
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 180,000 shares
Net Buy
1 txn
Insider
Bao Minfei
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares F1, F2 | 180,000 | $12.30 | $2.21M |
Holdings After Transaction:
Class A Ordinary Shares — 200,004 shares (Direct)
Footnotes (2)
- F1. On July 22, 2026, the Reporting Person was awarded 180,000 Class A ordinary shares under Utime Limited's 2026 Equity Incentive Plan.
- F2. Consists of 200,000 Class A ordinary shares beneficially owned by the Reporting Person and 4 Class A ordinary shares beneficially owned by Gransky Phoenix Limited, an entity wholly owned by the Reporting Person.
Key Figures
Shares awarded: 180,000 Class A ordinary shares
Award price: $12.30 per share
Shares beneficially owned after award: 200,004 Class A ordinary shares
+2 more
5 metrics
Shares awarded
180,000 Class A ordinary shares
Equity award to director Bao Minfei on July 22, 2026
Award price
$12.30 per share
Grant price for the 180,000-share equity award
Shares beneficially owned after award
200,004 Class A ordinary shares
Total beneficial ownership reported after the July 22, 2026 grant
Directly owned shares
200,000 Class A ordinary shares
Class A shares beneficially owned directly by Bao Minfei after the award
Indirectly owned shares via entity
4 Class A ordinary shares
Shares beneficially owned through Gransky Phoenix Limited, wholly owned by Bao Minfei
Key Terms
2026 Equity Incentive Plan, beneficially owned, Class A ordinary shares
3 terms
2026 Equity Incentive Plan financial
"awarded 180,000 Class A ordinary shares under Utime Limited's 2026 Equity Incentive Plan"
beneficially owned financial
"Consists of 200,000 Class A ordinary shares beneficially owned by the Reporting Person"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What type of transaction was reported for UTime Ltd (WTO) director Bao Minfei?
The transaction for UTime Ltd (WTO) was classified as a grant, award, or other acquisition of 180,000 Class A ordinary shares. It was made under the company's 2026 Equity Incentive Plan, indicating compensation in stock rather than a market purchase.