Chagee (CHA) Director Li Yifan Receives RSU Award

What Happened Li Yifan (Frank), a director of Chagee Holdings Ltd. (CHA), received an award of 4,363 restricted stock units (RSUs) on September 22, 2026. The RSUs were granted at $0.00 (no immediate cash cost) and thus the acquisition value reported at grant is $0. Each RSU represents a contingent right to receive one Class A ordinary share and, per the filing, the RSUs become fully vested on December 15, 2026.

Key Details

• Transaction date: 2026-09-22 (Grant / Code A)
• Amount: 4,363 RSUs granted; grant price shown as $0.00; acquisition value $0 on grant
• Vesting: RSUs become fully vested on December 15, 2026 (footnote F1)
• Conversion: Each RSU converts 1:1 into one Class A ordinary share upon vesting
• Shares owned after transaction: not specified in the filing
• Filing timeliness: Report filed on 2026-09-22 covering the same-date grant — appears timely

Context RSUs are a form of equity compensation that convert to actual shares only upon vesting; their ultimate value depends on Chagee’s stock price at settlement. This transaction is an award/compensation grant (not an open-market purchase or sale) and should be viewed as part of executive/director pay rather than a direct insider buy or sell signal.