Chagee (CHA) VP Xu Chi Receives 21,089 RSU Award

What Happened

• Vice President Xu Chi received a grant of 21,089 restricted stock units (RSUs) on August 18, 2026. The RSUs were awarded at $0.00 (no cash paid); each RSU represents a contingent right to one Class A ordinary share under the company’s share incentive plan.

Key Details

• Transaction type: Award/Grant (code A).
• Transaction date: 2026-08-18; filing date: 2026-08-19 (timely).
• Price: $0.00 per RSU; total cash paid at grant reported as $0.
• Vesting: RSUs vest in two equal installments per the Plan — 10,544 RSUs vest on June 15, 2027 and 10,545 RSUs vest on June 15, 2028, subject to continuous service through each vesting date (footnote F1).
• Shares owned after transaction: not disclosed in the provided filing.
• No tax withholding, sale, or 10b5-1 plan noted in the filing.

Context

• This is a compensation award (grant of RSUs), not a market purchase or sale. RSUs convert to shares only if vesting conditions are met, so they are contingent on continued service and the Plan’s terms. Such grants are common executive/employee compensation and do not by themselves indicate insider buying or selling behavior.