TAI KENNETH 4

What Happened Kenneth Tai, a director of VNET Group, Inc. (VNET), received a grant of 243,768 restricted stock units (RSUs) on 2026-05-15. The award is recorded at $0.00 (no cash paid) and is a derivative/compensation grant rather than an open-market purchase or sale. Per the filing, each RSU represents the contingent right to receive one Class A ordinary share upon vesting.

Key vesting dates: 81,252 RSUs vest on December 13, 2026, and 81,258 RSUs vest on each of December 13, 2027 and December 13, 2028. The RSUs have no expiration date. Footnote notes these RSUs represent Class A ordinary shares in the form of American depositary shares (ADSs); each ADS represents six Class A ordinary shares — if settled as ADSs, the grant would equal 40,628 ADSs (243,768 / 6).

Key Details

• Transaction date: 2026-05-15; transaction type/code: Award/Grant (A); price: $0.00.
• Number of RSUs granted: 243,768 (vests in three tranches: 81,252; 81,258; 81,258).
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Notable footnotes: F1 (vesting schedule & one-for-one share right), F2 (no expiration), F3 (ADS conversion ratio: 1 ADS = 6 Class A ordinary shares).
• Filing timeliness: Report filed with period/date 2026-05-15 (appears timely).

Context This was a compensation award to a director — RSUs are common for aligning management/directors with shareholder interests but do not represent immediately tradable shares until they vest and are settled. Because this is an award (not a purchase), it should be viewed as part of compensation rather than a direct bullish or bearish market signal.