Yuanbao (YB) CTO discloses 6.3M shares, options and RSUs stake

Rhea-AI Filing Summary

Yuanbao Inc. Chief Technology Officer Wang Bo Ethan has filed an initial Form 3 showing his equity stake in the company. The filing reports 6,299,986 Class A ordinary shares held indirectly through Global Running Lion Limited and beneficially owned by him, plus multiple option grants over Class A shares at exercise prices from $0.06 to $0.40 expiring between 2030 and 2035. It also discloses 90,000 restricted share units that vest in stages from November 20, 2026 through November 20, 2029.

SEC Form 3

FORM 3

UNITED 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

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1. Name and Address of Reporting Person^*

Wang Bo Ethan

(Last) (First) (Middle)

BUILDING 2, NO.8 BEICHEN WEST ROAD

CHAOYANG DISTRICT

(Street)

BEIJING 100101

(City) (State) (Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Yuanbao Inc. [ YB ]

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Technology Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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 shares	6,299,986	I	By Global Running Lion Limited(1)

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 Exercisable	Expiration Date	Title	Amount or Number of Shares
Option (Right to Buy)	(2)	08/01/2030	Class A ordinary share	300,000	$0.06	D
Option (Right to Buy)	(3)	08/01/2031	Class A ordinary share	100,000	$0.15	D
Option (Right to Buy)	(4)	09/01/2032	Class A ordinary share	100,000	$0.25	D
Option (Right to Buy)	(5)	11/15/2034	Class A ordinary share	100,000	$0.35	D
Option (Right to Buy)	(6)	04/01/2035	Class A ordinary share	60,000	$0.4	D
Restricted Share Units	(7)	(7)	Class A ordinary share	90,000	(7)	D

Explanation of Responses:

1. Represents 6,299,986 Class A ordinary shares held by Global Running Lion Limited and beneficially owned by the Reporting Person.

2. The options have become fully vested and exercisable on August 1, 2024. Each Option entitles the holder to purchase one share of the Issuer's Class A ordinary share upon exercising.

3. The options have become fully vested and exercisable on August 1, 2025. Each Option entitles the holder to purchase one share of the Issuer's Class A ordinary share upon exercising.

4. The options vest in four installments of 15%, 25%, 30% and 30% of the total grant on each of September 1, 2023, September 1, 2024, September 1, 2025 and September 1, 2026, respectively. Each Option entitles the holder to purchase one share of the Issuer's Class A ordinary share upon exercising.

5. The options vest in four installments of 15%, 25%, 30% and 30% of the total grant on each of October 1, 2025, October 1, 2026, October 1, 2027 and October 1, 2028, respectively. Each Option entitles the holder to purchase one share of the Issuer's Class A ordinary share upon exercising.

6. The options vest in four installments of 15%, 25%, 30% and 30% of the total grant on each of April 1, 2026, April 1, 2027, April 1, 2028 and April 1, 2029, respectively. Each Option entitles the holder to purchase one share of the Issuer's Class A ordinary share upon exercising.

7. The RSUs vest in four installments of 15%, 25%, 30% and 30% of the total grant on each of November 20, 2026, November 20, 2027, November 20, 2028 and November 20, 2029, respectively. Each RSU represents a contingent right to receive one share of the Issuer's Class A ordinary share upon vesting.

	/s/ Wang Bo	03/18/2026
	** 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 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 Yuanbao Inc. (YB) CTO Wang Bo Ethan report on this Form 3?

Yuanbao Inc. CTO Wang Bo Ethan reports his initial beneficial ownership of company securities. The filing lists indirect holdings of Class A ordinary shares, several option grants over Class A shares at set exercise prices, and a block of restricted share units vesting over future years.

How many Yuanbao Inc. (YB) shares are held indirectly for the CTO?

The Form 3 states that 6,299,986 Class A ordinary shares are held by Global Running Lion Limited and are beneficially owned by the CTO. This indicates a substantial indirect equity stake controlled through that entity rather than directly in his own name.

What stock options does the Yuanbao Inc. (YB) CTO hold according to the Form 3?

The CTO holds several option grants over Class A ordinary shares, including 300,000 shares at a $0.06 exercise price and 100,000 shares at $0.15, with additional grants at higher prices. These options expire between August 1, 2030 and April 1, 2035, if not exercised.

What restricted share units (RSUs) are disclosed for Yuanbao Inc. (YB) CTO?

The filing shows 90,000 restricted share units tied to Class A ordinary shares. These RSUs vest in four installments of 15%, 25%, 30% and 30% on November 20 of each year from 2026 through 2029, delivering one Class A share per unit upon vesting.

Does this Yuanbao Inc. (YB) Form 3 show any insider buying or selling activity?

No specific buying or selling transactions are reported. The entries are classified as holdings, with the transaction summary showing no buy or sell counts. The document establishes the CTO’s existing positions in shares, options, and RSUs rather than recording new market trades.