111, Inc. (YI) director Chen Yang Luke reports 126,295 fully vested RSUs

Rhea-AI Filing Summary

111, Inc. director Chen Yang Luke filed an initial ownership report showing his equity position in the company. The filing lists 126,295 RSUs (Class A) held directly. Each RSU represents a contingent right to receive one Class A ordinary share, and all of these RSUs are fully vested as of the filing date.

This Form 3 does not report any new purchase or sale activity; it simply establishes Luke’s existing beneficial ownership in 111, Inc.’s Class A equity through fully vested RSUs.

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^*

Chen Yang Luke

(Last) (First) (Middle)

10TH FLOOR, T1, YUZHONGXIN

NO. 268 YUBEI ROAD, PUDONG NEW AREA

(Street)

SHANGHAI 201204

(City) (State) (Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/19/2026

3. Issuer Name and Ticker or Trading Symbol
111, Inc. [ YI ]

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)

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

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)
RSUs (Class A)(1)	126,295	D

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

Explanation of Responses:

1. Each RSU represents a contingent right to receive one Class A ordinary share. As of the date of this Form 3, all such RSUs have fully vested.

	/s/Yang Chen	03/19/2026
	** 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 Chen Yang Luke’s Form 3 filing for 111, Inc. (YI) show?

The Form 3 shows that director Chen Yang Luke beneficially owns 126,295 RSUs (Class A) in 111, Inc.. These RSUs are fully vested and each represents a right to receive one Class A ordinary share, establishing his current equity stake.

How many RSUs does Chen Yang Luke hold in 111, Inc. (YI)?

He holds 126,295 RSUs (Class A) directly. According to the filing, each RSU corresponds to one Class A ordinary share, and all of these RSUs are fully vested as of the Form 3 date, reflecting his established ownership position.

Are Chen Yang Luke’s RSUs in 111, Inc. (YI) vested?

Yes. The footnote states that all RSUs have fully vested as of the Form 3 date. This means each of the 126,295 RSUs now represents a fully vested contingent right to receive one Class A ordinary share of 111, Inc.

Does the 111, Inc. (YI) Form 3 for Chen Yang Luke show any recent trades?

No. The Form 3 is an initial ownership report and does not disclose any recent purchases or sales. It simply records that he directly holds 126,295 fully vested RSUs, outlining his existing equity ownership in 111, Inc.

Is Chen Yang Luke’s ownership in 111, Inc. (YI) direct or indirect?

The filing classifies his ownership as direct. The RSU holdings are coded with direct ownership, indicating the 126,295 fully vested RSUs are attributed directly to him rather than through an intermediary entity such as a trust or partnership.