111, Inc. (YI) director Sun Jian David reports 18,366 vested RSUs

Rhea-AI Filing Summary

111, Inc. director Sun Jian David filed an initial statement of beneficial ownership showing fully vested restricted stock units (RSUs) in the company. The filing reports direct ownership of 18,366 RSUs tied to Class A ordinary shares. Each RSU represents a contingent right to receive one Class A ordinary share, and all of these RSUs are stated to be fully vested as of the Form 3 date.

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^*

Sun Jian David

(Last) (First) (Middle)

10TH FLOOR, T1. YUZHONGXIN,

NO. 268 YUBEI ROAD, PUDONG NEW AREA

(Street)

SHANGHAI, P.R.C 201204

(City) (State) (Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/20/2026

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)	18,366	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/ Sun Jian	03/20/2026
	** 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.
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* Form 3: SEC 1473 (03-26)

FAQ

What does Sun Jian David report owning in 111, Inc. (YI) on this Form 3?

Sun Jian David reports direct ownership of 18,366 RSUs linked to 111, Inc. Class A ordinary shares. These restricted stock units are compensation-related equity awards rather than common shares already issued in his name.

Are the RSUs reported by Sun Jian David in 111, Inc. (YI) vested?

Yes, the filing states that all reported RSUs are fully vested as of the Form 3 date. Vesting means the director has earned the awards under the applicable terms and conditions of the company’s equity plan.

How many 111, Inc. (YI) shares could the reported RSUs of Sun Jian David become?

Each RSU represents a contingent right to receive one Class A ordinary share. With 18,366 RSUs reported, that position corresponds to 18,366 potential Class A ordinary shares of 111, Inc., subject to settlement mechanics.

Does this 111, Inc. (YI) Form 3 show any stock purchases or sales by Sun Jian David?

No, this Form 3 functions as an initial ownership report rather than a trading report. It lists Sun Jian David’s existing RSU position but does not disclose any open-market purchases or sales of 111, Inc. shares.

What type of security is disclosed for Sun Jian David in 111, Inc. (YI)?

The security disclosed is RSUs (Class A), which are restricted stock units referencing 111, Inc.’s Class A ordinary shares. They are equity-based awards that can settle in shares in accordance with plan and award terms.