Tam Benson Bing Chung 4

What Happened

• Tam Benson Bing Chung, a director of Hello Group Inc. (MOMO), reported conversions/exercises of derivatives and the receipt of restricted share units (RSUs) that vested in early April 2026. The filing shows acquisitions of 59,374 shares (1,562 on 4/6; 6,250 on 4/7; 1,562 on 4/8; and a 50,000 RSU award on 4/7) recorded at $0.00. The filing also shows disposals/surrender of 18,750 shares (3,125 on 4/6; 12,500 on 4/7; 3,125 on 4/8) at $0.00, consistent with shares being withheld or surrendered (likely for taxes), yielding a net increase of 40,624 shares reported.
• All reported acquisitions and disposals show $0.00 per share, which is typical when RSUs vest and convert to underlying shares rather than being purchased in the open market.

Key Details

• Transaction dates and actions:
  • 2026-04-06: Converted/exercised 1,562 shares (acquired) and 3,125 shares (disposed) — $0.00.
  • 2026-04-07: Converted/exercised 6,250 shares (acquired); received 50,000-share RSU award (acquired); disposed/surrendered 12,500 shares — $0.00.
  • 2026-04-08: Converted/exercised 1,562 shares (acquired) and 3,125 shares (disposed) — $0.00.
• Net reported effect: +40,624 shares (59,374 acquired minus 18,750 disposed).
• Shares owned after transaction: not specified in the filing.
• Notable footnotes from the filing:
  • F1: Each American depositary share (ADS) represents two Class A ordinary shares.
  • F2: Each RSU represents a right to receive one Class A ordinary share when vested.
  • F4–F6: The RSUs vesting occurred on April 6, 7 and 8, 2026.
  • F3: (background) RSUs generally vest over four years (one-fourth on Apr 7, 2027, then quarterly), but the reported units had vested in early April 2026.
• Filing/Timeliness: Report filed Apr 9, 2026 covering transactions Apr 6–8, 2026. This appears to be filed within the standard Form 4 reporting window (not marked late).

Context

• These derivative-line transactions represent RSUs vesting and being converted to shares; the $0.00 price and the matched disposals are consistent with shares being issued on vesting and some being surrendered/withheld (commonly for taxes), not open-market buying or selling.
• For retail investors: vesting-based acquisitions increase insider ownership but do not necessarily signal new bullish purchases. The ADS/ordinary share conversion ratio (2 ordinary shares per ADS) may affect how the reported numbers map to ADSs if ADSs were used in the filing.