X Financial director converts derivative into 90,000 shares

X Financial director Zhang Longgen acquired 90,000 Class A ordinary shares, including shares represented by ADS, on 2026-08-01 through a conversion of a derivative security at $0.00 per share, bringing his direct holdings to 499,998 shares.

Rhea-AI Filing Summary

X Financial director Zhang Longgen acquired 90,000 Class A ordinary shares, including shares represented by ADS, on 2026-08-01 through a conversion of a derivative security at $0.00 per share, bringing his direct holdings to 499,998 shares.

He also directly holds restricted stock units linked to 90,000 underlying Class A ordinary shares with a $0.00 exercise price, exercisable from 2027-08-01 and expiring on 2034-08-01.

Insider Trade Summary

Conversion: 90,000 shares

Conversion 2 txns

Insider ZHANG LONGGEN

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 contracts (Direct)

Key Figures

Shares acquired via conversion: 90,000 shares Total shares 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 2026-08-01 through conversion of derivative security

Total shares after transaction 499,998 shares Direct Class A ordinary share holdings of Zhang Longgen following the 2026-08-01 transaction

RSU underlying shares 90,000 shares Underlying Class A ordinary shares for restricted stock units held directly

RSU exercise price $0.0000 Stated exercise price for restricted stock units on Class A ordinary shares

RSU exercisable date 2027-08-01 Date from which restricted stock units on 90,000 underlying shares become exercisable

RSU expiration date 2034-08-01 Expiration date for restricted stock units linked to 90,000 underlying Class A ordinary shares

Key Terms

Conversion of derivative security, Restricted stock unit, Class A ordinary shares, including shares represented by ADS

3 terms

Conversion of derivative security financial

"Transaction code description reads "Conversion of derivative security" for the share acquisition"

Restricted stock unit financial

"A separate entry lists the security title as "Restricted stock unit" with underlying Class A shares"

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.

Class A ordinary shares, including shares represented by ADS financial

"Security title is "Class A ordinary shares, including shares represented by ADS" for the acquired shares"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Zhang Longgen report for X Financial (XYF)?

Zhang Longgen reported acquiring 90,000 Class A ordinary shares of X Financial on 2026-08-01 via a conversion of a derivative security, increasing his direct holdings to 499,998 shares after the transaction.

How many X Financial (XYF) shares does Zhang Longgen hold after this Form 4 transaction?

After the reported transaction, Zhang Longgen directly holds 499,998 Class A ordinary shares. This reflects the addition of 90,000 shares obtained through a conversion of a derivative security on 2026-08-01.

What derivative or restricted stock units related to X Financial (XYF) does Zhang Longgen hold?

Zhang Longgen holds restricted stock units tied to 90,000 underlying Class A ordinary shares of X Financial, with a stated exercise price of $0.00, exercisable from 2027-08-01 and expiring on 2034-08-01.

Was the X Financial (XYF) insider transaction a market purchase or sale?

The reported activity is a conversion of a derivative security into 90,000 Class A ordinary shares, not a market purchase or sale, and is coded as an acquisition of shares following that conversion event.

What security class was involved in Zhang Longgen’s X Financial (XYF) transaction?

The transaction involved Class A ordinary shares of X Financial, including shares represented by ADS, with 90,000 shares acquired via a derivative conversion and total direct holdings rising to 499,998 shares.

What are the key dates for Zhang Longgen’s X Financial (XYF) restricted stock units?

The restricted stock units related to X Financial cover 90,000 underlying shares, become exercisable on 2027-08-01, and have an expiration date of 2034-08-01, with a stated exercise price of $0.00.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/03/2026 - 06:13 AM Accepted by SEC EDGAR 08/03/2026 - 06:12 AM Learn about SEC filing dates

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^*

ZHANG LONGGEN

(Last) (First) (Middle)

NO.168 HAIDE THIRD AVENUE,

NANSHAN DISTRICT

(Street)

SHENZHEN 518067

(City) (State) (Zip)

CHINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
X Financial [ NYSE: XYF ]

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)
08/01/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A ordinary shares, including shares represented by ADS	08/01/2026		C		90,000	A	$0	499,998	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted stock unit	$0							08/01/2027	08/01/2034	Class A ordinary shares, including shares represented by ADS	90,000		90,000	D

Explanation of Responses:

	/s/ Longgen Zhang	08/03/2026
	** 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)