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XCHG Ltd (XCH) Co-CEO reports 3M Class A shares and 1M RSUs stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

XCHG Ltd Co-Chief Executive Officer Albina Iljasov has filed an initial Form 3 reporting her equity position in the company. She directly holds 3,000,000 Class A Ordinary Shares and 1,000,000 Restricted Stock Units. The RSUs are scheduled to vest in two equal tranches on January 1, 2027 and January 1, 2028, each settling into one Class A Ordinary Share or cash, or an equivalent number of American Depositary Shares, with each ADS representing 40 Class A Ordinary Shares.

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Insights

Form 3 shows a large, structured equity stake for the Co-CEO.

Albina Iljasov, Co-Chief Executive Officer of XCHG Ltd, reports ownership of 3,000,000 Class A Ordinary Shares plus 1,000,000 Restricted Stock Units. This establishes a sizable baseline equity position rather than recording any new trade.

The RSUs vest in two blocks of 500,000 units on January 1, 2027 and January 1, 2028, aligning compensation with multi-year service. Each RSU delivers one Class A Ordinary Share or cash, or may be settled in American Depositary Shares, each representing 40 Class A Ordinary Shares.

The filing highlights a significant unvested component tied to future service, with no open-market buying or selling in this report. Subsequent filings may update as RSUs vest or if any transactions occur, but those events are not part of this Form 3 snapshot.

Insider Iljasov Albina
Role Co-Chief Executive Officer
Type Security Shares Price Value
holding Restricted Stock Units -- -- --
holding Class A Ordinary Shares -- -- --
Holdings After Transaction: Restricted Stock Units — 1,000,000 shares (Direct, null); Class A Ordinary Shares — 3,000,000 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Direct Class A holdings 3,000,000 shares Class A Ordinary Shares held directly following Form 3
Restricted Stock Units 1,000,000 RSUs Unvested RSUs reported as of the Form 3 date
First RSU vesting tranche 500,000 RSUs Scheduled to vest on January 1, 2027
Second RSU vesting tranche 500,000 RSUs Scheduled to vest on January 1, 2028
ADS share ratio 40 Class A shares per ADS Each American Depositary Share represents 40 Class A Ordinary Shares
Restricted Stock Units financial
"The Restricted Stock Units ("RSUs") will vest on the following schedule, subject to continued service to the Issuer"
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.
American Depositary Shares financial
"the RSUs may be settled in an equivalent number of American Depositary Shares, each representing 40 Class A Ordinary Shares"
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
Co-Chief Executive Officer financial
"Iljasov Albina ... officer_title": "Co-Chief Executive Officer""
Class A Ordinary Shares financial
"Each RSU represents the contingent right to receive, following vesting, one Class A Ordinary Share of the Issuer"
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.
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Learn about SEC filing dates
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Iljasov Albina

(Last)(First)(Middle)
XCHARGE EUROPE GMBH
HESELSTUCKEN 18

(Street)
HAMBURG22453

(City)(State)(Zip)

GERMANY

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
06/01/2026
3. Issuer Name and Ticker or Trading Symbol
XCHG Ltd [ XCH ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Co-Chief Executive Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Ordinary Shares3,000,000D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (1) (1)Class A Ordinary Shares(1)1,000,000(1)D
Explanation of Responses:
1. The Restricted Stock Units ("RSUs") will vest on the following schedule, subject to continued service to the Issuer: 500,000 RSUs will vest on January 1, 2027, and 500,000 RSUs will vest on January 1, 2028. Each RSU represents the contingent right to receive, following vesting, one Class A Ordinary Share of the Issuer, par value US$0.00001 per share (each, a "Class A Ordinary Share"), or the equivalent value of one Class A Ordinary Share in cash. In lieu of Class A Ordinary Shares, the RSUs may be settled in an equivalent number of American Depositary Shares, each representing 40 Class A Ordinary Shares.
Remarks:
Exhibit 24 - Power of Attorney.
/s/ Ran Li, attorney-in-fact for Albina Iljasov06/10/2026
** Signature of Reporting PersonDate
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 5 (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 3: SEC 1473 (03-26)

FAQ

What does Albina Iljasov report owning in XCHG Ltd (XCH) on this Form 3?

Albina Iljasov reports direct ownership of 3,000,000 Class A Ordinary Shares of XCHG Ltd and 1,000,000 Restricted Stock Units. This Form 3 establishes her initial beneficial ownership position as Co-Chief Executive Officer, without recording any new purchase or sale transactions.

How are Albina Iljasov’s 1,000,000 RSUs in XCHG Ltd (XCH) scheduled to vest?

The 1,000,000 RSUs are scheduled to vest in two equal tranches: 500,000 RSUs on January 1, 2027 and 500,000 RSUs on January 1, 2028. Vesting is subject to her continued service to XCHG Ltd through each applicable vesting date.

What does each Restricted Stock Unit represent for XCHG Ltd (XCH)?

Each RSU represents the contingent right to receive one Class A Ordinary Share of XCHG Ltd, or the equivalent cash value. Alternatively, the company may settle RSUs in an equivalent number of American Depositary Shares, each ADS representing 40 Class A Ordinary Shares.

Are there any buy or sell transactions reported for XCHG Ltd (XCH) in this Form 3?

No buy or sell transactions are reported. The Form 3 shows holding entries only, reflecting Albina Iljasov’s existing ownership of 3,000,000 Class A Ordinary Shares and 1,000,000 RSUs, rather than documenting new open-market purchases or sales.

How many underlying Class A Ordinary Shares are tied to Albina Iljasov’s RSUs at XCHG Ltd (XCH)?

The 1,000,000 Restricted Stock Units are linked to 1,000,000 underlying Class A Ordinary Shares. After vesting and settlement, each RSU is designed to deliver one Class A Ordinary Share, equivalent cash, or American Depositary Shares representing the same number of ordinary shares.