Full Truck Alliance (NYSE: YMM) president reports large option and ADS holdings
Rhea-AI Filing Summary
Full Truck Alliance Co. Ltd. director and president Guo Langbo filed an initial statement of holdings. He reports a stock option covering 14,000,000 Class A ordinary shares at an exercise price of $0.0000 per share, expiring on January 1, 2036. The option vests 50% on January 1, 2027 and 50% on January 1, 2029, conditioned on continued service. He also reports indirect holdings of American Depositary Shares through an employee incentive plan structure and a brokerage account maintained for the plan.
Positive
- None.
Negative
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Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Guo Langbo
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | American Depositary Shares | -- | -- | -- |
| holding | American Depositary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 14,000,000 shares (Direct);
American Depositary Shares — 1,620,431 shares (Indirect, See Footnote)
Footnotes (4)
- F1. Each American Depositary Share ("ADS") represents 20 Class A ordinary shares, with a par value of $0.00001 per share, of the Issuer.
- F2. Represent shares directly held by Master Quality Group Limited, which the Reporting Person has dispositive power over. Master Quality Group Limited is the nominee of an employee incentive plan trust of the Issuer.
- F3. Represent shares held in a brokerage account maintained by the Issuer for its employee incentive plan.
- F4. This option vests and becomes exercisable as follows: 50% on January 1, 2027 and the remaining 50% on January 1, 2029, subject to the Reporting Person's continued service with the Issuer.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider holdings does Guo Langbo report in his Form 3 for YMM?
Guo Langbo reports a stock option over 14,000,000 Class A ordinary shares with an exercise price of $0.0000 per share, plus indirect holdings of American Depositary Shares held through an employee incentive plan structure and a related brokerage account.
How does the stock option for YMM granted to Guo Langbo vest?
The option vests in two equal tranches: 50% on January 1, 2027 and the remaining 50% on January 1, 2029. Vesting is explicitly subject to Guo Langbo’s continued service with Full Truck Alliance Co. Ltd.
When does Guo Langbo’s reported YMM stock option expire?
The reported stock option held by Guo Langbo expires on January 1, 2036. This long-dated expiration gives him an extended period, after vesting, during which he may choose to exercise the option subject to the plan’s terms.