Markscheid Stephen 4
Research Summary
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JinkoSolar Director Stephen Markscheid Receives 10,000 Shares
What Happened
- Stephen Markscheid, a director of JinkoSolar Holding Co., Ltd. (JKS), had 10,000 time‑based restricted ordinary shares vest on July 1, 2026. The Form 4 reports these shares as an award/acquisition (code A) at $0.00 per share (total reported acquisition value $0). This is a vesting/award event rather than an open‑market purchase or sale.
Key Details
- Transaction date: July 1, 2026; reported on Form 4 filed July 2, 2026 (within the typical 2‑business‑day reporting window).
- Transaction type/code: Grant/Award (A) — vesting of time‑based restricted shares.
- Shares reported: 10,000 ordinary shares @ $0.00 (acquisition value $0).
- Shares owned after transaction: Not specified in the excerpt of the filing provided.
- Notable footnotes:
- F1: These were time‑based restricted shares granted Jan 5, 2023 under the 2023 Equity Incentive Plan and vested in full on July 1, 2026; this Form 4 reports the shares at vesting for the first time.
- F2: Each American Depositary Share (ADS) represents 4 ordinary shares.
- F3: References previously reported ordinary shares held in the form of ADSs.
- Filing timeliness: Filed the day after the vesting date and appears timely for a Form 4 (2‑business‑day requirement).
Context
- This was a vesting of restricted stock (an award becoming ordinary shares) rather than a market buy or sale; the $0 reporting reflects that no cash purchase occurred at vesting. For investors, awards and vesting indicate issuance/compensation events; they do not necessarily signal the insider is buying or selling stock on the open market. If you track ADS holdings, remember the 4:1 ADS-to-ordinary share ratio noted in the filing.