XCHG Ltd (XCH) president details large RSU, ADS and share stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
XCHG Ltd President Patel Aatish filed an initial ownership report showing a sizable equity position in the company. He holds restricted stock units covering 19,737,120 Class A Ordinary Shares, which vest in tranches from July 1, 2026 through September 10, 2028. He also holds 283,559 American Depositary Shares, each representing 40 Class A Ordinary Shares and convertible at any time, for an underlying 11,342,360 Class A shares. In addition, he owns 6,232,800 Class A Ordinary Shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Patel Aatish
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | American Depositary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 19,737,120 shares (Direct);
American Depositary Shares — 11,342,360 shares (Direct);
Class A Ordinary Shares — 6,232,800 shares (Direct)
Footnotes (1)
- The Restricted Stock Units ("RSUs") will vest on the following schedule, subject to continued service to the Issuer: 4,155,160 RSUs will vest on July 1, 2026; 5,194,000 RSUs will vest on each of September 10, 2026 and September 10, 2027; and 5,193,960 RSUs will vest on September 10, 2028. Each RSU represents the contingent right to receive, following vesting, one of the Issuer's Class A Ordinary Shares, 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 ADSs. The reporting person holds 283,559 American Depositary Shares ("ADSs"), each representing 40 Class A Ordinary Shares. Each ADS is convertible at any time, at the holder's election, into 40 Class A Ordinary Shares. The ADSs have no expiration date.
FAQ
What does the Form 3 filing by XCHG Ltd (XCH) show for President Patel Aatish?
The Form 3 shows President Patel Aatish’s initial ownership in XCHG Ltd. It details his restricted stock units, American Depositary Shares, and directly held Class A Ordinary Shares, giving investors a clear view of his equity stake at the start of his reporting obligations.
How many restricted stock units does XCHG Ltd president Patel Aatish hold?
President Patel Aatish holds 19,737,120 restricted stock units tied to Class A Ordinary Shares. These RSUs vest in several scheduled tranches between July 1, 2026 and September 10, 2028, aligning his compensation with the company’s long-term performance and his continued service.
What is the vesting schedule for XCHG Ltd (XCH) president’s RSUs?
The RSUs vest as follows: 4,155,160 on July 1, 2026; 5,194,000 on September 10, 2026; another 5,194,000 on September 10, 2027; and 5,193,960 on September 10, 2028. Each vested unit delivers one Class A share or equivalent value, potentially via ADSs.