Lin Songtao 4

What Happened Lin Songtao, a director of HUYA Inc. (HUYA), had 47,275 Class A ordinary shares (in the form of American Depositary Shares) withheld on June 15, 2026 at $2.43 per share, for a total value of approximately $114,878. The shares were withheld upon partial vesting of restricted share unit (RSU) awards and reported as a sale (S) on the Form 4.

Key Details

• Transaction date and price: June 15, 2026 — 47,275 shares @ $2.43 each.
• Total value: ~$114,878.
• Nature of transaction: Shares were withheld by the issuer to satisfy tax withholding obligations upon RSU vesting (footnote indicates withholding was used solely to cover taxes).
• Vesting grants referenced: RSUs granted Oct 8, 2024; Mar 15, 2025; Aug 29, 2025.
• Price note: The $2.43 price is the price the issuer used to calculate taxes (per the footnote).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Form filed June 17, 2026 (reports the June 15 transaction) — appears timely under Form 4 reporting rules.

Context This was an administrative tax-withholding event tied to RSU vesting rather than an independent open-market sale initiated by the insider. Such withholdings are common when equity awards vest and generally reflect tax obligations rather than a decision to reduce a holding position.