Earnings Feed
Start Free
NOAH HOLDINGS LTD·4

Mar 31, 4:07 PM ET

YIN ZHE 4

Research Summary

AI-generated summary

Updated

NOAH (NOAH) CEO Zhe Yin Converts RSUs into 200,740 Shares

What Happened

  • Zhe Yin, CEO of NOAH Holdings Ltd., converted vested restricted stock units (RSUs) into ordinary shares on March 31, 2026. A total of 20,074 RSUs vested and were converted into 200,740 ordinary shares (10 ordinary shares per RSU). The conversion entries show the underlying shares acquired (740; 125,000; 75,000) and the corresponding derivative securities disposed (74; 12,500; 7,500 RSUs). No cash was exchanged in these conversions (acquisition price N/A / derivative disposition $0.00).

Key Details

  • Transaction date: March 31, 2026.
  • What converted: 74 RSUs → 740 shares; 12,500 RSUs → 125,000 shares; 7,500 RSUs → 75,000 shares. Total: 20,074 RSUs → 200,740 shares.
  • Prices reported: acquired shares N/A (conversion); derivative dispositions reported at $0.00.
  • Shares owned after transaction: not specified in the filing extract provided.
  • Relevant footnotes:
    • F1: Each RSU represents the right to receive 10 ordinary shares.
    • F3–F5: These entries relate to three separate RSU awards with differing vest schedules (monthly and annual tranches); full vesting dates range from June 29, 2026 to March 31, 2028 for the referenced awards.
    • F2: Some shares are held by Yin Investment Co. (BVI), controlled for trust purposes; the trustee requires Mr. Yin’s written instruction to dispose of those shares in most cases.
  • Timeliness: Reported with the same period date (Mar 31, 2026); filing appears timely.

Context

  • These transactions are conversions/vestings of RSUs (derivative-to-underlying conversion), not open-market purchases or sales. The filing shows the derivative securities were converted into ordinary shares (code M), which is typically a neutral event reflecting compensation vesting rather than an insider market trade.
  • For retail investors: vested RSUs increase insider-held shares but do not necessarily indicate buying or selling intent. The filing documents the mechanics (RSU conversion at 10 shares per unit) and vesting schedule; it does not assign market value or indicate a sale of the newly acquired shares.