XU LI 4

What Happened Xu Li, Senior Vice President of Futu Holdings Ltd (FUTU), received an award/grant of 40,000 shares on 2026-06-23. The Form 4 reports the acquisition as an award (transaction code A) with an acquisition price of $0.00 (total reported value $0). This was an awarded grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-23; transaction type: Award/Grant (code A)
• Shares acquired: 40,000; reported acquisition price: $0.00; reported total value: $0
• Shares owned after the transaction: Not specified in the provided filing
• No footnotes, 10b5-1 plan, tax withholding, or late-filing indication disclosed in the provided record
• Filing date: 2026-06-23 (same day as the transaction), indicating a timely filing

Context An award/grant typically reflects compensation (e.g., restricted stock units or share awards) rather than an outright market purchase or sale; such grants are common in executive compensation and do not, by themselves, indicate buying or selling sentiment. The filing does not detail vesting, restrictions, or whether any shares are subject to future forfeiture, so treat this as a reported compensation award rather than an immediate investment action.