Qiu Wenbin 4
4 · Baozun Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Baozun CEO Qiu Wenbin Buys 20,000 Shares
What Happened Qiu Wenbin, CEO of Baozun Inc. (BZUN), acquired a total of 20,000 American Depositary Shares (ADS) in two open-market purchases: 10,000 shares on 2026-06-03 for $2.63 each ($26,300) and 10,000 shares on 2026-06-04 for $2.67 each ($26,700), for a combined spend of about $53,000. The transactions are reported on a Form 4 and coded as purchases (P).
Key Details
- Transaction dates and prices: 2026-06-03 — 10,000 ADS @ $2.63 ($26,300); 2026-06-04 — 10,000 ADS @ $2.67 ($26,700).
- Total value: ~ $53,000.
- Footnote F1: The filing indicates a weighted-average purchase price for one reported lot, with underlying trade prices in the $2.63–$2.64 range; detailed per-trade prices are available on request to the issuer or SEC staff.
- Footnote F2: The filing states these ADS are held by JESFUND (SINGAPORE) PTE. LTD., a Singapore company wholly owned by the reporting person, following the transactions.
- Shares owned after the transaction: the specific post-transaction share count is not provided in the excerpt; F2 indicates ownership is held through the named Singapore entity.
- Filing timeliness: Form 4 was filed on 2026-06-05 for transactions on 2026-06-03 and 2026-06-04 — within the typical two-business-day reporting window (not reported as late).
- No 10b5-1 plan, option exercise, gift, or tax-withholding notation is disclosed in the provided details.
Context These were straightforward open-market purchases by the CEO. For retail investors, insider purchases can be considered a more informative signal than routine sales, but filings do not state the insider's motivation. The transactions were reported as ADS held via the insider’s wholly owned Singapore entity.
Insider Transaction Report
- Purchase
American Depositary Shares
[F1][F2]2026-06-03$2.63/sh+10,000$26,300→ 1,503,872 total(indirect: Held by JESFUND (SINGAPORE) PTE. LTD., a Singapore company wholly owned by the reporting person) - Purchase
American Depositary Shares
[F2]2026-06-04$2.67/sh+10,000$26,700→ 1,513,872 total(indirect: Held by JESFUND (SINGAPORE) PTE. LTD., a Singapore company wholly owned by the reporting person)
Footnotes (2)
- [F1]Represents a weighted-average purchase price. These shares were purchased in multiple transactions at prices ranging from $2.63 to $2.64, inclusive. For all transactions reported in this Form 4 utilizing a weighted-average price, the reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
- [F2]Represents all American Depositary Shares held by JESFUND (SINGAPORE) PTE. LTD., a Singapore company wholly owned by the reporting person following the transaction(s) reported under this Form 4.