JI QI 4
Research Summary
AI-generated summary
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.