Tang Yan 4

What Happened

• Tang Yan, CEO of Hello Group Inc. (MOMO), was granted 454,630 derivative securities (reported as an award) on April 7, 2026. The reported acquisition price is $0.00, indicating a compensatory grant rather than a market purchase or sale.

Key Details

• Transaction date: April 7, 2026; filing date: April 9, 2026 (Form 4 accession 0001104659-26-041233).
• Transaction type/code: Award/Grant (derivative security), reported as "A".
• Number of shares/options granted: 454,630; reported consideration: $0.00.
• Shares owned after the transaction: Not provided in the supplied filing excerpt.
• Footnote: The award vests over four years — 1/4 vests on April 7, 2027; the remaining 3/4 vest quarterly in 12 equal installments beginning July 7, 2027 (per footnote F1).
• Filing timeliness: Reported two days after the transaction; no indication in the filing excerpt that this was late.

Context

• This is a compensatory equity grant to the CEO (a derivative award with a multi-year vesting schedule), not an open-market purchase or sale. Such grants are common as part of executive compensation and do not represent an immediate change in market-held shares until vesting/exercise conditions are met. The filing does not indicate any immediate sale or cashless exercise.