111, Inc. director Chen Yang Luke sells 142,760 shares

Two May 2026 awards included 54,759 RSUs vesting on the grant date and 413,168 vesting 25% on each of the first four anniversaries.

Rhea-AI Filing Summary

111, Inc. (YI) director Chen Yang Luke reported five direct sales totaling 142,760 shares. The sales were 49,920 shares at 0.23 per share on June 12, 2026; 44,000 at 0.23 on June 15; 44,000 at 0.18 on September 23; and 1,440 at 0.27 on May 26 and 3,400 at 0.25 on May 27. The May sales of 1,440 and 3,400 Class A ordinary shares were stated to satisfy tax withholding on RSU vesting. Luke also reported RSU acquisitions of 54,759 on May 11, 2026, vesting in full on the grant date, and 413,168 on May 12, 2026, vesting 25% on each of the first four anniversaries. An additional acquisition of 126,295 RSUs is dated September 8, 2023.

Insider Trade Summary

Net Seller: 142,760 shares

Net Sell 8 txns

Insider Chen Yang Luke

Role Director

Sold 142,760 shs ($31K)

Type	Security	Shares	Price	Value
Sale	RSUs (Class A)	44,000	$0.18	$8K
Sale	RSUs (Class A)	44,000	$0.23	$10K
Sale	RSUs (Class A)	49,920	$0.23	$11K
Sale	RSUs (Class A) F5	3,400	$0.25	$850.00
Sale	RSUs (Class A) F4	1,440	$0.27	$388.80
Grant/Award	RSUs (Class A) F3	413,168	$0.00	$0.00
Grant/Award	RSUs (Class A) F2	54,759	$0.00	$0.00
Grant/Award	RSUs (Class A) F1	126,295	$0.00	$0.00

Holdings After Transaction: RSUs (Class A) — 451,462 shares (Direct)

Footnotes (5)

1. F1. Each RSU represents a contingent right to receive one Class A ordinary share. As of the date of this Form 4, all such RSUs have fully vested.
2. F2. Represent a grant of 54,759 RSUs, each RSU representing the right to receive one Class A ordinary share of the Issuer, with a grant date of May 11, 2026, which shall vest in full on the grant date.
3. F3. Represent a grant of 413,168 RSUs, each RSU representing the right to receive one Class A ordinary share of the Issuer, with a grant date of May 12, 2026 and a vesting commencement date of May 12, 2026. Each such grant shall vest as to 25% of the RSUs on each of the first, second, third and fourth anniversaries of May 12, 2026; provided, however, that if the Reporting Person's service with the Issuer or any Service Recipient (as defined in the applicable Award Agreement) terminates in any vesting year other than for Cause (as defined in the applicable Award Agreement), the portion otherwise scheduled to vest for such vesting year shall vest pro rata based on the number of full months actually served by the grantee during such vesting year, with one-twelfth (1/12) of the amount scheduled to vest for such vesting year vesting for each completed month of service in such year.
4. F4. Represents the sale of 1,440 Class A ordinary share (in the form of 72 ADSs) of the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.
5. F5. Represents the sale of 3,400 Class A ordinary share (in the form of 170 ADSs) of the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.

Key Figures

Shares sold: 142,760 shares Sale: 49,920 shares at 0.23 per share Sale: 44,000 shares at 0.23 per share +5 more

8 metrics

Shares sold 142,760 shares Five reported sales

Sale 49,920 shares at 0.23 per share June 12, 2026

Sale 44,000 shares at 0.23 per share June 15, 2026

Sale 44,000 shares at 0.18 per share September 23, 2026

Sale for tax withholding 1,440 shares at 0.27 per share May 26, 2026

Sale for tax withholding 3,400 shares at 0.25 per share May 27, 2026

RSUs acquired 54,759 RSUs May 11, 2026 grant; vest in full on grant date

RSUs acquired 413,168 RSUs May 12, 2026 grant; 25% vests on each of the first four anniversaries

Key Terms

RSU, vesting commencement date, vest pro rata, ADSs

4 terms

RSU financial

"Each RSU represents a contingent right to receive one Class A ordinary share."

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

vesting commencement date financial

"vesting commencement date of May 12, 2026"

The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.

vest pro rata financial

"shall vest pro rata based on the number of full months actually served"

ADSs financial

"in the form of 170 ADSs"

FAQ

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

How many shares did 111, Inc. director Chen Yang Luke sell?

The five reported sales totaled 142,760 shares: 49,920 at 0.23 per share on June 12, 2026; 44,000 at 0.23 on June 15; 44,000 at 0.18 on September 23; 1,440 at 0.27 on May 26; and 3,400 at 0.25 on May 27. The May 26 and May 27 sales were stated to satisfy tax withholding related to RSU vesting.

How did the 413,168 RSUs awarded to 111, Inc.'s director vest?

The 413,168 RSUs awarded on May 12, 2026 vest 25% on each of the first, second, third and fourth anniversaries of May 12, 2026. If the director's service terminates in a vesting year other than for Cause, that year's scheduled portion vests pro rata based on completed months of service.

Were 111, Inc. director Chen Yang Luke's transactions under a Rule 10b5-1 plan?

No Rule 10b5-1 plan is reported.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/24/2026 - 06:11 AM Accepted by SEC EDGAR 09/24/2026 - 06:10 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^*

Chen Yang Luke

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

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)
09/23/2026

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
RSUs (Class A)(1)	09/08/2023		A		126,295	A	$0	126,295	D
RSUs (Class A)(2)	05/11/2026		A		54,759	A	$0	181,054	D
RSUs (Class A)(3)	05/12/2026		A		413,168	A	$0	594,222	D
RSUs (Class A)(4)	05/26/2026		S		1,440	D	$0.27	592,782	D
RSUs (Class A)(5)	05/27/2026		S		3,400	D	$0.25	589,382	D
RSUs (Class A)	06/12/2026		S		49,920	D	$0.23	539,462	D
RSUs (Class A)	06/15/2026		S		44,000	D	$0.23	495,462	D
RSUs (Class A)	09/23/2026		S		44,000	D	$0.18	451,462	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

Explanation of Responses:

1. Each RSU represents a contingent right to receive one Class A ordinary share. As of the date of this Form 4, all such RSUs have fully vested.

2. Represent a grant of 54,759 RSUs, each RSU representing the right to receive one Class A ordinary share of the Issuer, with a grant date of May 11, 2026, which shall vest in full on the grant date.

3. Represent a grant of 413,168 RSUs, each RSU representing the right to receive one Class A ordinary share of the Issuer, with a grant date of May 12, 2026 and a vesting commencement date of May 12, 2026. Each such grant shall vest as to 25% of the RSUs on each of the first, second, third and fourth anniversaries of May 12, 2026; provided, however, that if the Reporting Person's service with the Issuer or any Service Recipient (as defined in the applicable Award Agreement) terminates in any vesting year other than for Cause (as defined in the applicable Award Agreement), the portion otherwise scheduled to vest for such vesting year shall vest pro rata based on the number of full months actually served by the grantee during such vesting year, with one-twelfth (1/12) of the amount scheduled to vest for such vesting year vesting for each completed month of service in such year.

4. Represents the sale of 1,440 Class A ordinary share (in the form of 72 ADSs) of the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.

5. Represents the sale of 3,400 Class A ordinary share (in the form of 170 ADSs) of the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.

	/s/ Yang Chen	09/24/2026
	** 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)