JI QI 4
4 · H World Group Ltd · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
H World (HTHT) Director Ji Qi Receives 1,005,670 Shares via RSU Vesting
What Happened Ji Qi, a director of H World Group Ltd (HTHT), had 1,005,670 restricted share units (RSUs) vest and convert into 1,005,670 ordinary shares on May 31, 2026. The Form 4 shows an "acquired" entry for 1,005,670 shares and a corresponding "disposed" derivative entry at $0.00 — this reflects RSUs settling into ordinary shares rather than a sale for cash. No proceeds or open-market sale are reported.
Key Details
- Transaction date: May 31, 2026; Form 4 filed June 1, 2026 (timely).
- Reported entries: Acquired 1,005,670 shares (derivative conversion); disposed of the matching derivative instrument at $0.00.
- Price/value: No cash purchase or sale; conversion of RSUs to ordinary shares (price listed as N/A / $0.00).
- Shares owned after transaction: Not specified in the filing.
- Relevant footnotes:
- F1: These entries reflect RSUs that vested and were settled into ordinary shares.
- F3: Each RSU converts 1:1 into one ordinary share.
- F4: The RSUs were granted May 31, 2023 and vested May 31, 2026.
- F2: The ordinary shares are held by Winner Crown Holdings Ltd, owned through Sherman Holdings and the Ji Family Trust; Ji may be deemed to beneficially own the shares via the trust.
Context This was not a sale — it was the scheduled vesting and settlement of long-term equity (RSUs). Such vesting is a routine compensation event rather than an open-market purchase or sale; it increases the insider's direct share count but does not by itself indicate a trading decision. The filing shows conversion/settlement activity only, with no cash proceeds reported.
Insider Transaction Report
- Exercise/Conversion
Ordinary Shares
[F1]2026-05-31+1,005,670→ 16,535,620 total - Exercise/Conversion
Restricted Share Units
[F3][F4]2026-05-31−1,005,670→ 34,997,730 total→ Ordinary Shares (1,005,670 underlying)
- 701,477,540(indirect: By Winner Crown Holdings Limited)
Ordinary Shares
[F2] - 375,000
Ordinary Shares (represented by American depositary shares)
- 431,270(indirect: By Winner Crown Holdings Limited)
Ordinary Shares (represented by American depositary shares)
[F2]
Footnotes (4)
- [F1]Reflects restricted share units that vested and settled into ordinary shares.
- [F2]The ordinary shares / ordinary shares represented by American depositary shares are held by Winner Crown Holdings Limited ("Winner Crown"), a British Virgin Islands company wholly owned by Sherman Holdings Limited ("Sherman"), a Bahamas company. Sherman is owned 100% by vote and value by the Ji Family Trust, which is a revocable trust valid under the laws of the Republic of Singapore. Butterfield Trust (Asia) Limited acts as trustee of the Ji Family Trust, of which Mr. Qi Ji and his family members are the beneficiaries. Qi Ji, as the settlor of the trust, reserves the right to revoke the trust without the consent of another person and exercises investment control over the Issuer's securities held by the trust, and may be deemed to beneficially own the shares directly owned by Winner Crown.
- [F3]Each restricted share unit represents the right to receive one ordinary share.
- [F4]These restricted share units were granted on May 31, 2023 and vested on May 31, 2026. These Restricted share units were previously reported on the Form 3 filed by the Reporting Person on March 16, 2026.