ZTO Express (NYSE: ZTO) VP Wang Jilei reports major direct and indirect stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ZTO Express (Cayman) Inc. director and VP of Infrastructure Management Wang Jilei filed an initial ownership report listing his equity interests. The filing shows options to acquire 21,000 Class A ordinary shares at an exercise price of $21.88 per share, expiring on March 22, 2034.
He indirectly owns 40,835,000 Class A ordinary shares through Zto Wjl Holding Limited and indirectly owns 1,253,065 American depositary shares (ADSs) through Zto Wlj Holding Limited. He also directly holds 15,538 ADSs
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Wang Jilei
Role
VP of Infrastr. Mgmt.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options (right to buy) | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
| holding | American depositary shares | -- | -- | -- |
| holding | American depositary shares | -- | -- | -- |
Holdings After Transaction:
Options (right to buy) — 21,000 shares (Direct);
Class A ordinary shares — 40,835,000 shares (Indirect, By Zto Wjl Holding Limited);
American depositary shares — 1,253,065 shares (Indirect, By Zto Wlj Holding Limited);
American depositary shares — 15,538 shares (Direct)
Footnotes (1)
- Each represents one Class A ordinary share. These options were granted on March 22, 2024 and vest in equal installments over a three-year period.
FAQ
What does the Form 3 filing show for ZTO insider Wang Jilei?
The Form 3 shows Wang Jilei’s existing equity holdings in ZTO Express, including options, Class A ordinary shares, and ADSs. It is an initial ownership report and does not reflect new purchases or sales of securities.
How many options does Wang Jilei hold in ZTO Express (ZTO)?
He holds options to acquire 21,000 Class A ordinary shares at an exercise price of $21.88 per share. These options were granted on March 22, 2024 and vest in equal installments over three years, expiring on March 22, 2034.
Does this ZTO Form 3 indicate any recent insider trading activity?
No, the Form 3 lists existing holdings and derivative positions for Wang Jilei as a director and officer. The transaction codes are unspecified, and the entries are classified as holdings rather than new market purchases or sales.