Director Xue Zheng of X Financial (NYSE: XYF) converts 90,000 shares
Rhea-AI Filing Summary
X Financial director Xue Zheng converted a derivative security into 90,000 Class A ordinary shares (including ADS) on August 1, 2026, at an exercise price of $0.0000 per share. After the conversion, Xue Zheng directly owned 499,998 shares and held restricted stock units over 90,000 underlying shares, exercisable from August 1, 2027 and expiring August 1, 2034.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 90,000 shares
Net Buy
2 txns
Insider
Xue Zheng
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class A ordinary shares, including shares represented by ADS | 90,000 | $0.00 | $0.00 |
| holding | Restricted stock unit | -- | -- | -- |
Holdings After Transaction:
Class A ordinary shares, including shares represented by ADS — 499,998 shares (Direct);
Restricted stock unit — 90,000 shares (Direct)
Key Figures
Shares acquired via conversion: 90,000 shares
Total shares owned after transaction: 499,998 shares
RSU underlying shares: 90,000 shares
+3 more
6 metrics
Shares acquired via conversion
90,000 shares
Class A ordinary shares, including ADS, acquired on August 1, 2026 through derivative conversion
Total shares owned after transaction
499,998 shares
Direct Class A ordinary share holdings following the August 1, 2026 conversion
RSU underlying shares
90,000 shares
Underlying Class A ordinary shares for restricted stock units held directly
RSU exercise price
$0.0000 per share
Exercise price of restricted stock units for underlying Class A ordinary shares
RSU earliest exercise date
August 1, 2027
Earliest exercise date for the reported restricted stock units
RSU expiration date
August 1, 2034
Expiration date for the reported restricted stock units
Key Terms
Class A ordinary shares, ADS, Restricted stock unit, derivative security
4 terms
ADS financial
"including shares represented by ADS"
Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.
Restricted stock unit financial
"security_title: Restricted stock unit"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
derivative security financial
"transaction_code_description: Conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did X Financial (XYF) report for director Xue Zheng?
X Financial reported that director Xue Zheng converted a derivative security into 90,000 Class A ordinary shares (including ADS) on August 1, 2026. The conversion was recorded at an exercise price of $0.0000 per share and increased his directly held share count.
What are the key terms of Xue Zheng’s restricted stock units in X Financial (XYF)?
Xue Zheng holds restricted stock units tied to 90,000 underlying Class A ordinary shares at an exercise price of $0.0000 per share. These units become exercisable on August 1, 2027 and have an expiration date of August 1, 2034.
Were Xue Zheng’s X Financial (XYF) transactions reported under a Rule 10b5-1 trading plan?
The Form 4 indicates no affirmation of a Rule 10b5-1 trading plan, as the related checkbox is not marked. The report does not describe these transactions as being executed pursuant to any pre-arranged trading plan for the director.