Qi Dave 4

4 · Hello Group Inc. · Filed Apr 9, 2026

AI-generated summary of this filing

Updated Apr 9, 2026

Hello Group (MOMO) Director Qi Dave Exercises Options, Receives Award

What Happened

Qi Dave, a director of Hello Group Inc. (MOMO), had restricted share units (RSUs) vest and related derivative conversions/exercises during April 6–8, 2026. The filing shows an award of 50,000 RSU-derivatives (grant on Apr 7) and multiple exercise/conversion transactions that resulted in 59,374 shares acquired (50,000 + 1,562 + 6,250 + 1,562) and 18,750 shares disposed (3,125 + 12,500 + 3,125). All transactions are reported with a $0.00 price (no cash consideration reported).

Key Details

Transaction dates: April 6, 7 and 8, 2026. Filing date: April 9, 2026 (Form 4 accession 0001104659-26-041244).
Reported transactions (all $0.00):
- Apr 7 (A): 50,000 RSU grant/award (derivative).
- Apr 6, 7, 8 (M): exercises/conversions — Acquired 1,562; 6,250; 1,562 shares respectively.
- Apr 6, 7, 8 (M): exercises/conversions — Disposed 3,125; 12,500; 3,125 shares respectively.
Total reported acquired = 59,374 shares; total disposed = 18,750 shares.
Shares owned after transaction: not reported in the provided data.
Footnotes of note:
- F1: One American depositary share (ADS) represents two Class A ordinary shares.
- F2: Each restricted share unit represents a contingent right to receive one Class A ordinary share.
- F3–F6: Vesting schedule references and explicit notes that the restricted share units vested on April 6, 7 and 8, 2026.
Timeliness: Report covers April 6–8 and was filed April 9; there is no indication in the provided data that the filing was late.

Context

These filings reflect awards/vesting and conversion/exercise of derivative awards (RSUs/convertible instruments), not open-market purchases or discretionary sales. Exercises/conversions and subsequent disposals in Form 4s often reflect the issuance of shares upon vesting and transfers (e.g., to satisfy tax-withholding or administrative obligations), but the Form 4 here does not specify the reason for the disposals.
For retail investors: awards and vested RSUs increase insider ownership on paper, while simultaneous disposals can simply be administrative (tax or fee related) rather than a signal of intent to liquidate holdings.

Form 4

Period: 2026-04-06

Director

Transactions

Exercise/Conversion
American Depositary Shares
[F1]
2026-04-06+1,562→ 287,012 total
Exercise/Conversion
American Depositary Shares
[F1]
2026-04-07+6,250→ 293,262 total
Exercise/Conversion
American Depositary Shares
[F1]
2026-04-08+1,562→ 294,824 total
Award
Restricted Share Units
[F2][F3]
2026-04-07+50,000→ 50,000 total
Exp: 2036-04-07→ Class A ordinary shares, par value US$0.0001 (50,000 underlying)
Exercise/Conversion
Restricted Share Units
[F2][F4]
2026-04-06−3,125→ 12,501 total
Exp: 2033-04-06→ Class A ordinary shares, par value US$0.0001 (3,125 underlying)
Exercise/Conversion
Restricted Share Units
[F2][F5]
2026-04-07−12,500→ 37,500 total
Exp: 2035-04-07→ Class A ordinary shares, par value US$0.0001 (12,500 underlying)
Exercise/Conversion
Restricted Share Units
[F2][F6]
2026-04-08−3,125→ 25,001 total
Exp: 2034-04-08→ Class A ordinary shares, par value US$0.0001 (3,125 underlying)

Footnotes (6)

[F1]Each American depositary share represents two Class A ordinary shares.
[F2]Each restricted share unit represents a contingent right to receive, when vested, one Class A ordinary share.
[F3]The restricted share unit vests over a four-year period, with one-fourth of restricted share units vest on April 7, 2027, and the rest of the restricted share units vest per quarter in twelve equal installments, starting from July 7, 2027, subject to the reporting person's continued service through the applicable vesting date.
[F4]The restricted share units were vested on April 6, 2026.
[F5]The restricted share units were vested on April 7, 2026.
[F6]The restricted share units were vested on April 8, 2026.

Signature

/s/ Daqing Qi|2026-04-09

1 file