Wang Gaofei 4

What Happened

• Wang Gaofei, CEO of WEIBO Corp (WB), reported an acquisition of 374,791 American depositary shares (ADS) on June 23, 2026. The transaction is coded as "Other acquisition or disposition (J)" and is reported at a price of $0.00 per share, with a reported total value of $0.
• Because the filing shows no cash consideration, the transaction likely reflects a non‑market transfer (e.g., issuance, conversion, award, or corporate action), but the Form 4 itself does not specify the exact mechanism.

Key Details

• Transaction date: 2026-06-23; Filing date: 2026-06-25 (timely filing).
• Reported shares: 374,791 ADS acquired at $0.00 per share; total reported value $0.
• Shares owned after transaction: Not specified in the information provided in this summary — see the full Form 4 for holdings after the transaction.
• Footnote: F1 — Each American depositary share represents one Class A ordinary share.
• Transaction code J: "Other acquisition or disposition" (nonstandard category) — consult the full filing for more context.

Context

• Acquisitions can be interpreted as a positive signal, but transactions reported at $0.00 typically reflect administrative or non‑cash events rather than open‑market purchases. Retail investors should review the full Form 4 and related company disclosures to understand the reason for the transfer before inferring management sentiment.