UTime Ltd (WTO) CEO granted 180,000 Class A shares as equity award
Rhea-AI Filing Summary
Qiu Hengcong reported acquisition or exercise transactions in this Form 4 filing.
UTime Ltd reported that CEO and director Hengcong Qiu received an equity award of 180,000 Class A Ordinary Shares on July 22, 2026, at a grant value of $12.30 per share under the 2026 Equity Incentive Plan. After this grant, Qiu directly holds 200,000 Class A Ordinary Shares.
Positive
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Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 180,000 shares
Net Buy
1 txn
Insider
Qiu Hengcong
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares F1 | 180,000 | $12.30 | $2.21M |
Holdings After Transaction:
Class A Ordinary Shares — 200,000 shares (Direct)
Footnotes (1)
- F1. On July 22, 2026, the Reporting Person was awarded 180,000 Class A ordinary shares under Utime Limited's 2026 Equity Incentive Plan.
Key Figures
Shares awarded: 180,000 Class A Ordinary Shares
Grant value per share: $12.30 per share
Shares held after transaction: 200,000 Class A Ordinary Shares
+1 more
4 metrics
Shares awarded
180,000 Class A Ordinary Shares
Equity award to CEO Hengcong Qiu on July 22, 2026
Grant value per share
$12.30 per share
Value assigned to the 180,000-share equity award
Shares held after transaction
200,000 Class A Ordinary Shares
Direct holdings of Hengcong Qiu following the award
Transaction date
July 22, 2026
Date of the equity award under the 2026 Equity Incentive Plan
Key Terms
Class A Ordinary Shares, Equity Incentive Plan, Grant, award, or other acquisition
3 terms
Equity Incentive Plan financial
"awarded 180,000 shares under Utime Limited's 2026 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
Grant, award, or other acquisition regulatory
"transaction code A described as Grant, award, or other acquisition"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did UTime Ltd (WTO) report for Hengcong Qiu?
UTime Ltd reported that CEO and director Hengcong Qiu received an equity award of 180,000 Class A Ordinary Shares on July 22, 2026, at a grant value of $12.30 per share under the company’s 2026 Equity Incentive Plan.