XCHG Ltd (XCH) Co-CEO reports 3M Class A shares and 1M RSUs stake
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Footnotes (1)
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