Lu Jiayan 4

What Happened

Lu Jiayan, a 10% owner of Jianpu Technology Inc. (AIJTY), made two purchases on 2026-04-29: 1,120 ADS at $0.90 (reported value ~$1,005) and 3,264 ADS at $0.90 (reported value ~$2,938), for a total of 4,384 American depositary shares (ADS) purchased for about $3,944. These transactions are reported as purchases (transaction code P) and represent an acquisition rather than a sale.

Key Details

• Transaction date: 2026-04-29; Form 4 filed: 2026-04-30 (timely filing).
• Prices: $0.90 per ADS for both trades.
• Shares acquired: 1,120 ADS and 3,264 ADS (total 4,384 ADS).
• Reported totals: ~$1,005 and ~$2,938 for the two lots (rounding in filing); combined ≈ $3,944.
• ADS conversion (footnote): Each ADS = 20 Class A ordinary shares → 4,384 ADS = 87,680 Class A shares.
• Transaction code: P = Purchase.
• Shares owned after transaction: Not specified in the provided excerpt; see the full Form 4 for post-transaction holdings.
• Filing timeliness: Not marked late (transaction on 4/29, filed 4/30).

Context

• As a 10% owner, Lu Jiayan is a significant shareholder rather than necessarily a company executive; purchases by large owners can signal added exposure but do not by themselves explain motivation.
• These were outright purchases of ADS (no options exercised, no gifts, no tax-withholding events). For full ownership context and historical insider activity, check the complete Form 4 and prior filings.