FAN Meihui 4

What Happened
Meihui Fan, Chief Technology Officer of Zepp Health (ZEPP), exercised 520,000 derivative shares (code M) on June 26, 2026 and simultaneously disposed of the same total of 520,000 shares in separate derivative-disposition entries. The filing reports an exercise/ conversion price of $0.00 for all transactions, and does not list a cash amount realized in the record provided.

Key Details

• Transaction date: 2026-06-26; Form 4 filed 2026-06-30 (timely filing).
• Transactions reported: exercised/converted 520,000 shares (Acquired) and disposed of 160,000 + 200,000 + 80,000 + 80,000 = 520,000 shares (all coded M for exercise/conversion).
• Reported price for each line: $0.00 (shows no cash exercise price on the Form 4 entries).
• Shares owned after the transactions: not specified in the excerpt provided.
• Footnote F1: shares are held of record by Fandler Holding Limited, which is wholly owned by Telomere Holding Limited, which in turn is wholly owned by a trust established for the benefit of Mr. Fan and his family.
• No indication in the filing of a 10b5‑1 plan, tax withholding entry, or late filing.

Context
Code M indicates an option exercise or conversion of a derivative. Because the filing shows the same number of shares acquired and disposed and an exercise price of $0.00, this pattern often reflects a cashless exercise or immediate disposition/transfer of shares, but the Form 4 provided does not disclose proceeds or the specific reason for the disposals. These filings are factual records of insider activity and do not by themselves explain the insider's motive.