4Filed Aug 18, 8:00 PM ET
Chagee (CHA) VP Lu Mian Receives 33,726 RSU Award
$CHA · Chagee Holdings Ltd.Research Summary
AI-generated summary of this SEC filing
Chagee (CHA) VP Lu Mian Receives 33,726 RSU Award
What Happened
- Lu Mian, Vice President of Chagee Holdings Ltd. (CHA), was granted 33,726 restricted stock units (RSUs) on August 18, 2026. The grant price reported is $0.00, so the acquisition cost shown is $0.
- These RSUs represent a contingent right to receive one Class A ordinary share per RSU when they vest. This is an equity award (not an open-market purchase or sale) typically used for compensation/retention rather than an immediate investment transaction.
Key Details
- Transaction type/code: Award/Grant (A)
- Transaction date: 2026-08-18; Filing date: 2026-08-19 (filed timely)
- Shares/units granted: 33,726 RSUs; reported acquisition price: $0.00; reported total value: $0
- Vesting: 16,863 RSUs vest on June 15, 2027 and 16,863 RSUs vest on June 15, 2028 (per the company’s share incentive plan)
- Each RSU converts to one Class A ordinary share upon vesting
- Shares owned after transaction: Not disclosed in the provided filing excerpt
- No 10b5-1 plan, tax-withholding, or immediate sale noted in the provided details
Context
- RSU grants are common executive compensation and do not represent an immediate purchase of shares; value materializes only if and when RSUs vest and are settled.
- For retail investors, awards signal company compensation/retention practices but are not a direct bullish/bearish trade by the insider.