Zepp Health (NYSE: ZEPP) CFO vests RSUs, sells ADS to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zepp Health Corp’s Chief Financial Officer, Deng Cheng, reported compensation-related equity activity involving American depositary shares (ADSs) and restricted share units (RSUs). On June 26, 2026, 366,000 RSUs, each representing one Class A ordinary share, vested and were settled into ADSs, with each ADS representing 16 Class A ordinary shares. This conversion delivered 22,875 ADSs at no cost to the CFO.
On the same date, 9,836 ADSs were sold in the open market at a weighted average price of $4.61 per ADS in a sell-to-cover transaction to pay tax withholding obligations tied to the RSU vesting. Following these transactions, the CFO directly holds 124,375 ADSs, indicating that most of the vested equity was retained as ongoing ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,836 shares ($45,344)
Net Sell
4 txns
Insider
Deng Cheng
Role
Chief Financial Officer
Sold
9,836 shs ($45K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 366,000 | $0.00 | -- |
| Exercise | American depositary shares | 22,875 | $0.00 | -- |
| Sale | American depositary shares | 9,836 | $4.61 | $45K |
| Grant/Award | Restricted Share Units | 366,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 0 shares (Direct, null);
American depositary shares — 124,375 shares (Direct, null)
Footnotes (1)
- These American depositary shares (ADSs), each representing 16 Class A ordinary shares, were acquired upon vesting and settlement of the restricted share units. The ADSs were sold in a sell-to-cover transaction to cover tax withholding obligations in connection with the vesting and settlement of the restricted share units. The price reported represents the weighted average sale price. These ADSs were sold in multiple transactions at prices ranging from $4.31 to $4.8034 per ADS. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of ADSs sold at each separate price within the range set forth in this footnote. Each restricted share unit represents the contingent right to receive one Class A ordinary share. These restricted share units were granted on April 1, 2026 and vested on June 26, 2026.
Key Figures
ADSs sold: 9,836 ADSs
Sale price per ADS: $4.61 per ADS
ADSs held after transactions: 124,375 ADSs
+3 more
6 metrics
ADSs sold
9,836 ADSs
Open-market sell-to-cover on June 26, 2026
Sale price per ADS
$4.61 per ADS
Weighted average sale price range $4.31–$4.8034
ADSs held after transactions
124,375 ADSs
Direct ownership following June 26, 2026 activity
RSUs vested
366,000 RSUs
Vested and settled on June 26, 2026
ADSs from RSU settlement
22,875 ADSs
ADSs acquired at $0.00 upon RSU conversion
ADS-to-share ratio
1 ADS = 16 Class A shares
ADSs represent 16 Class A ordinary shares
Key Terms
American depositary shares, Restricted Share Units, sell-to-cover transaction, weighted average sale price, +1 more
5 terms
sell-to-cover transaction financial
"The ADSs were sold in a sell-to-cover transaction to cover tax withholding obligations..."
A sell-to-cover transaction is when a person granted company stock (for example as part of compensation or option exercise) immediately sells enough of those shares to pay required taxes or exercise costs and keeps the rest. Think of it like cashing part of a bonus to cover the tax bill; it provides necessary cash without the holder needing outside funds. Investors watch these sales because they increase trading volume and slightly reduce insider holdings, but they often reflect routine tax or cost management rather than a judgment on the company’s prospects.
weighted average sale price financial
"The price reported represents the weighted average sale price."
contingent right financial
"Each restricted share unit represents the contingent right to receive one Class A ordinary share."
FAQ
What did Zepp Health (ZEPP) CFO Deng Cheng report in this Form 4?
Zepp Health CFO Deng Cheng reported RSU vesting into ADSs and a related sale. 366,000 RSUs converted into ADSs, and 9,836 ADSs were sold to cover tax withholding, leaving 124,375 ADSs directly owned.
How many Zepp Health ADSs did the CFO sell and at what price?
The CFO sold 9,836 Zepp Health ADSs at a weighted average price of $4.61. These ADSs were sold in multiple trades between $4.31 and $4.8034 as part of a sell-to-cover tax transaction.
What RSU activity did Zepp Health (ZEPP) disclose for its CFO?
Zepp Health disclosed that CFO Deng Cheng had 366,000 restricted share units vest and settle on June 26, 2026. Each RSU represents one Class A ordinary share, which was converted into ADSs, each ADS representing 16 Class A ordinary shares.
How many Zepp Health ADSs does the CFO hold after these transactions?
After the reported transactions, CFO Deng Cheng directly holds 124,375 Zepp Health ADSs. This reflects RSUs converted into ADSs and the sale of 9,836 ADSs for tax withholding, leaving a substantial remaining equity position.