Hello Group Inc.·4

Jul 8, 6:04 AM ET

Tam Benson Bing Chung 4

Research Summary

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Hello Group (MOMO) Director Tam Benson Bing Chung Exercises & Disposes Shares

What Happened

  • Tam Benson Bing Chung, a director of Hello Group Inc. (MOMO), reported a series of derivative conversions/exercises tied to restricted share units (RSUs) that vested on July 6–8, 2026. Across the three vesting dates he acquired 1,562 shares on each date (total acquired = 4,686 shares) and recorded dispositions of 3,124 shares on each date (total disposed = 9,372 shares). All transactions are reported at $0.00 per share.
  • The filings indicate these were conversions/exercises (transaction code M) tied to RSU vesting rather than open-market purchases or voluntary sales. The zero price reflects grant/vesting settlement rather than a cash purchase.

Key Details

  • Transaction dates and amounts:
    • July 6, 2026: Acquired 1,562 shares @ $0.00; Disposed 3,124 shares @ $0.00
    • July 7, 2026: Acquired 1,562 shares @ $0.00; Disposed 3,124 shares @ $0.00
    • July 8, 2026: Acquired 1,562 shares @ $0.00; Disposed 3,124 shares @ $0.00
  • Totals reported in this filing: 4,686 shares acquired; 9,372 shares disposed; all at $0.00.
  • Shares owned after the transactions: Not reported in this filing.
  • Relevant footnotes:
    • F2: Each RSU represents a contingent right to receive one Class A ordinary share.
    • F3–F5: The RSUs vested on July 6, 7 and 8, 2026 respectively.
    • F1: Each American Depositary Share (ADS) equals two Class A ordinary shares (note this when reconciling ADS vs. ordinary-share counts).
  • Timeliness: The Form 4 was filed July 8, 2026 for transactions dated July 6–8; this filing appears to be within the standard two-business-day window and thus timely.
  • Transaction code meaning: M = conversion/exercise of a derivative security (here tied to RSU vesting).

Context

  • These filings reflect award vesting and settlement activity rather than open-market buying or discretionary selling. It is common for some or all vested shares to be disposed (or withheld) to cover tax withholding or other settlement obligations; the filing shows dispositions on the same dates as vesting, consistent with that pattern. The filing itself does not state the purpose of the dispositions.
  • Because footnotes reference both RSUs (which convert to Class A ordinary shares) and ADS conversion, review the full Form 4 if you need the precise form (ADS vs. ordinary shares) for position sizing or tax/recordkeeping purposes.