ZTO director discloses 18,448 ADS stake

ZTO Express (Cayman) Inc. reported the initial equity holdings of director Charles Huang in a Form 3 filing.

Rhea-AI Filing Summary

ZTO Express (Cayman) Inc. reported the initial equity holdings of director Charles Huang in a Form 3 filing. The filing shows direct ownership of 18,448 American depositary shares, each representing one Class A ordinary share. This is an initial ownership report, not a new stock purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider HUANG CHARLES

Role Director

Type	Security	Shares	Price	Value
holding	American depositary shares	--	--	--

Holdings After Transaction: American depositary shares — 18,448 shares (Direct)

Footnotes (1)

1. F1. Each represents one Class A ordinary share.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Charles Huang report owning in ZTO (ZTO) on this Form 3?

Charles Huang reports direct ownership of 18,448 American depositary shares of ZTO Express (Cayman) Inc. The filing is an initial statement of beneficial ownership and does not reflect a new purchase or sale of shares.

What does each ZTO (ZTO) American depositary share represent in this filing?

The footnote states that each American depositary share represents one Class A ordinary share of ZTO Express (Cayman) Inc. This clarifies the economic interest tied to the 18,448 ADS reported by director Charles Huang.

Is there any buy or sell transaction reported for ZTO (ZTO) in this Form 3?

No buy or sell transaction is reported. The Form 3 classifies the entry as a holding, showing Charles Huang’s existing beneficial ownership in ZTO Express (Cayman) Inc., rather than a new market transaction or change in position.

What type of insider is Charles Huang for ZTO (ZTO) in this filing?

Charles Huang is identified as a director of ZTO Express (Cayman) Inc. on this Form 3. Directors and other insiders must report their beneficial ownership to provide transparency about their equity interests in the company.

How is the ownership of ZTO (ZTO) shares characterized for Charles Huang?

The filing labels the 18,448 American depositary shares as direct ownership. This means the shares are held directly in Charles Huang’s name, rather than through an intermediary entity such as a trust, partnership, or family holding company.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/17/2026 - 06:07 AM Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

HUANG CHARLES

(Last) (First) (Middle)

BUILDING ONE, NO. 1685 HUAZHI ROAD

(Street)

SHANGHAI F4 201708

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
ZTO Express (Cayman) Inc. [ ZTO ]

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

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

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
American depositary shares(1)	18,448	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Each represents one Class A ordinary share.

	/s/ HUANG CHARLES	03/17/2026
	** 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 5 (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.