Eric Long Chen details large ZKH Group (NYSE: ZKH) equity stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ZKH Group Ltd director Eric Long Chen reported his existing equity interests in the company. He holds share options over 35,000,000 ordinary shares at a nominal exercise price of $0.0000001 per share, vesting over multiple years and expiring on November 30, 2033.
Chen also holds restricted share units, each representing one ordinary share, that vest over a multi‑year schedule starting on January 18, 2026, subject to continued service and performance conditions. He directly owns 1,121,050 ordinary shares, and a large block of 890,677,378 Class B ordinary shares is held of record by Phoenix ZKH Limited, an entity associated with him, for which he may be deemed a beneficial owner but disclaims ownership beyond his economic interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Chen Eric Long
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Restricted Share Units | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Class B Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Share Option (right to buy) — 35,000,000 shares (Direct);
Restricted Share Units — 1,345,050 shares (Direct);
Ordinary Shares — 1,121,050 shares (Direct);
Class B Ordinary Shares — 890,677,378 shares (Indirect, See footnote)
Footnotes (1)
- Represents restricted share units (the "RSUs"). Each RSU represents a contingent right to receive one ordinary share of the Issuer upon settlement. RSUs vests over 4 years starting on January 18, 2026, with 25% vesting annually, subject to the Reporting Person's continued service to the Issuer on each such vesting date. These securities are held of record by Phoenix ZKH Limited. Phoenix ZKH Limited is owned as to 1% by Loong ZKH Limited (a company wholly owned by the Reporting Person) and 99% by Loong Chen I Limited (a company wholly owned by Loong Chen Trust, a trust established by the Reporting Person). The Reporting Person may be deemed to have voting and dispositive power over, and be the beneficial owner of, the securities held by Phoenix ZKH Limited. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. The shares subject to the option vest over 4 years starting from July 1, 2023, with 25% vesting annually The exercise prices is $0.0000001. RSUs vest after 3 years from the grant date of January 18, 2026, subject to performance results
FAQ
What does the Form 3 filing by ZKH (ZKH) director Eric Long Chen show?
The Form 3 filing shows Eric Long Chen’s existing equity interests in ZKH Group Ltd, including options, restricted share units, direct ordinary share holdings, and a large indirect Class B ordinary share position held through Phoenix ZKH Limited.
What is Phoenix ZKH Limited’s role in Eric Long Chen’s ZKH holdings?
Phoenix ZKH Limited holds 890,677,378 Class B ordinary shares of ZKH of record. It is owned through entities and a trust associated with Eric Long Chen. He may be deemed to have voting and dispositive power but disclaims beneficial ownership beyond his pecuniary interest.
Are there any buy or sell transactions in this ZKH (ZKH) Form 3?
The Form 3 does not report new buy or sell transactions. Instead, it lists Eric Long Chen’s existing holdings and derivative awards as he becomes a reporting person, including options, restricted share units, direct ordinary shares, and indirect Class B ordinary shares.
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