What is Xie Hailin’s direct UTime (WTO) share ownership after this Form 4?

Following the RSU grant and immediate vesting, the Form 4 lists 200,000 Class A ordinary shares owned directly. This figure represents the total non-derivative direct holdings shown in the filing after the reported transaction.

UTime (WTO) director Xie Hailin receives 200,000 RSU equity award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Xie Hailin reported acquisition or exercise transactions in this Form 4 filing.

UTime Ltd director Xie Hailin received an equity grant through restricted stock units. On April 29, 2026, Xie was awarded 200,000 restricted stock units (RSUs), each representing one UTime Class A ordinary share. The RSUs vest immediately following the grant date, resulting in direct ownership of 200,000 Class A ordinary shares as compensation rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Xie Hailin

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)

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Key Figures

RSU grant size: 200,000 RSUs Underlying shares per RSU: 1 Class A ordinary share Grant price per share: $0.0000 per share +1 more

4 metrics

RSU grant size 200,000 RSUs Awarded on April 29, 2026

Underlying shares per RSU 1 Class A ordinary share Each RSU converts into one share

Grant price per share $0.0000 per share Reported transaction price on Form 4

Shares owned after grant 200,000 shares Total Class A ordinary shares following transaction

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""

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^*

Xie Hailin

(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/ Hailin Xie	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 did UTime (WTO) director Xie Hailin report on this Form 4?

Director Xie Hailin reported receiving a grant of 200,000 restricted stock units (RSUs). These RSUs convert into an equal number of UTime Class A ordinary shares, reflecting an equity-based compensation award rather than an open-market transaction.

How many UTime (WTO) shares are tied to the RSU grant reported?

The grant covers 200,000 restricted stock units, with each RSU representing one Class A ordinary share. After this award, the Form 4 shows the reporting person holding 200,000 Class A ordinary shares directly, all stemming from this grant.

When do the RSUs granted to UTime (WTO) director Xie Hailin vest?

The 200,000 restricted stock units vest immediately following the April 29, 2026 grant date. Immediate vesting means the director gains full rights to receive the underlying Class A ordinary shares without a waiting period.

Was the UTime (WTO) RSU grant to Xie Hailin an open-market purchase?

No, the transaction is reported with code “A” as a grant or award acquisition. The shares are received as equity compensation at a reported price of $0.0000 per share, not bought in the open market.