Luo Jun Justin 4

What Happened Luo Jun Justin, a director of 111, Inc. (YI), reported awards of restricted stock units (RSUs) in a Form 4 filed May 13, 2026 covering transactions on May 11–12, 2026 (and one 2018 grant shown as vested). The filing lists three awards: 18,366 RSUs (grant date 2018-09-12, fully vested), 378,737 RSUs (grant date 2026-05-11, vesting in full on grant date), and 413,168 RSUs (grant date 2026-05-12, four‑year vesting schedule). All awards are reported at $0.00 per share because they are compensation grants, not purchases or sales.

Key Details

• Transaction dates and amounts: 2018-09-12 — 18,366 RSUs; 2026-05-11 — 378,737 RSUs (vests in full on grant date); 2026-05-12 — 413,168 RSUs (25% vests each year starting May 12, 2027, subject to pro rata vesting on termination as described).
• Reported price/value: $0.00 per share (compensation awards, not cash transactions).
• Total RSUs reported in this filing: 810,271 RSUs.
• Shares owned after the reported transactions: not specified in the Form 4 (filing does not state total shares beneficially owned following these awards).
• Footnotes: F1 notes each RSU converts to one Class A ordinary share and that the 2018 RSUs have fully vested; F2 and F3 describe the grant dates and vesting schedules (immediate vest for the May 11 grant; standard four‑year vesting with pro rata treatment for the May 12 grant).
• Filing timeliness: Period of report is May 11, 2026; Form filed May 13, 2026 — appears timely.

Context These entries are compensation grants (RSUs), not open‑market purchases or sales. Immediate‑vesting RSUs (May 11 grant) increase immediate potential share dilution; the May 12 grant vests over four years and is intended to retain service. Such awards are common executive/director compensation and do not, by themselves, indicate buying or selling sentiment.