Zhibao Technology Inc. (ZBAO) awards 250,000 shares to CMO

Rhea-AI Filing Summary

Luo Xiao reported acquisition or exercise transactions in this Form 4 filing.

Zhibao Technology Inc. granted its Chief Marketing Officer, Luo Xiao, 250,000 Class A ordinary shares on July 30, 2026 at a reported price of $0.00 per share, issued under the company’s 2026 Share Incentive Plan. Following this award, Luo beneficially owns 406,108 Class A ordinary shares, consisting of 250,000 shares held directly and 156,108 shares held through Tianze Zihan Holdings Limited, over which he has 100% voting and dispositive power.

Insider Trade Summary

Net Buyer: 250,000 shares

Net Buy 1 txn

Insider Luo Xiao

Role Chief Marketing Officer

Type	Security	Shares	Price	Value
Grant/Award	Class A ordinary shares F1, F2	250,000	$0.00	$0.00

Holdings After Transaction: Class A ordinary shares — 406,108 shares (Direct)

Footnotes (2)

1. F1. On July 30, 2026, Zhibao Technology Inc. (the "Company") issued 250,000 Class A ordinary shares, par value $0.0001 per share, of the Company (the "Class A Ordinary Shares") to Xiao Luo pursuant to the Company's 2026 Share Incentive Plan.
2. F2. Represents (i) 156,108 Class A Ordinary Shares held by Tianze Zihan Holdings Limited ("Tianze"), a British Virgin Islands corporation, and (ii) 250,000 Class A Ordinary Shares held by Xiao Luo. Xiao Luo is the sole shareholder of Tianze, and thus exercises 100% of the voting and dispositive power of the Class A Ordinary Shares held by Tianze.

Key Figures

Shares granted: 250,000 Class A ordinary shares Par value: $0.0001 per share Total shares after grant: 406,108 Class A ordinary shares +1 more

4 metrics

Shares granted 250,000 Class A ordinary shares Issued to Luo Xiao on July 30, 2026 under the 2026 Share Incentive Plan

Par value $0.0001 per share Par value of the Class A ordinary shares issued to Luo Xiao

Total shares after grant 406,108 Class A ordinary shares Luo Xiao’s beneficial ownership following the reported transaction

Indirectly held shares 156,108 Class A ordinary shares Held by Tianze Zihan Holdings Limited under Luo Xiao’s voting and dispositive power

Key Terms

2026 Share Incentive Plan, Class A ordinary shares, voting and dispositive power

3 terms

2026 Share Incentive Plan financial

"to Xiao Luo pursuant to the Company's 2026 Share Incentive Plan."

Class A ordinary shares financial

"issued 250,000 Class A ordinary shares, par value $0.0001 per share"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

voting and dispositive power financial

"thus exercises 100% of the voting and dispositive power of the Class A"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/03/2026 - 04:17 PM Accepted by SEC EDGAR 08/03/2026 - 04:16 PM Learn about SEC filing dates

FAQ

What equity grant did Zhibao Technology (ZBAO) report for CMO Luo Xiao?

Zhibao Technology reported that 250,000 Class A ordinary shares were issued to Chief Marketing Officer Luo Xiao on July 30, 2026. The shares were granted at a stated price of $0.00 per share under the company’s 2026 Share Incentive Plan.

How many Zhibao Technology (ZBAO) shares does Luo Xiao own after this transaction?

After the reported grant, Luo Xiao beneficially owns 406,108 Class A ordinary shares of Zhibao Technology. This total includes 250,000 shares held directly from the grant and 156,108 shares held through Tianze Zihan Holdings Limited, which he fully controls.

Was the Zhibao Technology (ZBAO) share grant to Luo Xiao under a company plan?

Yes. The 250,000 Class A ordinary shares issued to Luo Xiao were granted pursuant to Zhibao Technology’s 2026 Share Incentive Plan. The filing specifies that the Company issued these shares to him under this equity compensation plan.

How are Luo Xiao’s Zhibao Technology (ZBAO) shares split between direct and indirect holdings?

Luo Xiao holds 250,000 Class A ordinary shares directly and another 156,108 shares indirectly through Tianze Zihan Holdings Limited. He is the sole shareholder of Tianze and exercises 100% of the voting and dispositive power over those indirect holdings.

What class and par value of Zhibao Technology (ZBAO) shares were granted to Luo Xiao?

The award consists of 250,000 Class A ordinary shares of Zhibao Technology, each with a par value of $0.0001 per share. These shares were issued as part of the company’s 2026 Share Incentive Plan to its Chief Marketing Officer.

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^*

Luo Xiao

(Last) (First) (Middle)

C/O ZHIBAO TECHNOLOGY INC.

BUILD 6,WUXING RD,LN 727 PUDONG NEW AREA

(Street)

SHANGHAI 201204

(City) (State) (Zip)

CHINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Zhibao Technology Inc. [ ZBAO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/30/2026

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
Class A ordinary shares	07/30/2026		A		250,000(1)	A	$0	406,108(2)	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. On July 30, 2026, Zhibao Technology Inc. (the "Company") issued 250,000 Class A ordinary shares, par value $0.0001 per share, of the Company (the "Class A Ordinary Shares") to Xiao Luo pursuant to the Company's 2026 Share Incentive Plan.

2. Represents (i) 156,108 Class A Ordinary Shares held by Tianze Zihan Holdings Limited ("Tianze"), a British Virgin Islands corporation, and (ii) 250,000 Class A Ordinary Shares held by Xiao Luo. Xiao Luo is the sole shareholder of Tianze, and thus exercises 100% of the voting and dispositive power of the Class A Ordinary Shares held by Tianze.

	/s/ Xiao Luo	08/03/2026
	** 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)