Tam Benson Bing Chung 4

What Happened

• Tam Benson Bing Chung, a director of Hello Group Inc. (MOMO), reported conversions/exercises of derivative awards (transaction code M). The filing shows 1,563 shares acquired on 2026-04-06 and 3,126 shares disposed on 2026-04-15; all transactions report a $0.00 price. Footnotes indicate these originated from restricted share units (RSUs) that vested on April 15, 2026.
• Totals in this filing: 1,563 shares acquired and 3,126 shares disposed (net -1,563). No cash proceeds are reported for the disposed shares.

Key Details

• Transaction dates and prices:
  • 2026-04-06: Exercise/conversion (M) — 1,563 shares acquired at $0.00.
  • 2026-04-15: Exercise/conversion (M) — 3,126 shares disposed at $0.00.
• Footnotes:
  • F1: Each American depositary share (ADS) represents two Class A ordinary shares.
  • F2: Each restricted share unit (RSU) represents a contingent right to receive one Class A ordinary share.
  • F3: The RSUs vested on April 15, 2026.
• Shares owned after transaction: Not specified in the provided data (see the Form 4 for full holdings).
• Filing timeliness: Form filed 2026-04-16. The Apr 15 transaction was reported promptly (next day); the Apr 6 transaction appears reported later than the typical 2-business-day Form 4 deadline.

Context

• Transaction code M denotes exercise or conversion of a derivative — here, RSUs converting to ordinary shares (or ADS as applicable per footnotes). The $0.00 reporting suggests these were conversions/vestings or non-cash transfers rather than open-market sales; the filing does not show cash proceeds.
• For retail investors: vesting/conversion of RSUs is routine compensation activity and not necessarily a signal of the director’s market view. Check the full Form 4 for post-transaction holdings and any related tax-withholding or share-transfer details.