Wang Xuning 4

What Happened
Wang Xuning, identified as a 10% owner of SharkNinja (SN), disposed of 2,668,200 shares on July 10, 2026 at a price of $150.36 per share, for total proceeds of approximately $401,190,552. The Form 4 records the transaction as a sale (code S) via open market or private sale. This was a sale (not a purchase), which is often routine for large holders but represents a substantial divestment in dollar terms.

Key Details

• Transaction date: 2026-07-10; reported on Form 4 filed 2026-07-13 (timely — filing occurred within normal business-day window).
• Price per share: $150.36; Shares sold: 2,668,200; Total value: ~$401.19M.
• Shares owned after transaction: Not specified in the filing.
• Footnotes of note:
  • F1/F2: The sold shares are reported as owned directly by JS&W Group Holdings LP and JS&W Asset Holdings LP. Wang is the settlor of a trust that indirectly controls the general partner and limited partner interests of those entities and thus “may be deemed” to beneficially own the shares, but he disclaims beneficial ownership except to the extent of any pecuniary interest.
• No indication in the filing of a 10b5-1 plan, gift, option exercise, or tax-withholding event associated with this sale.

Context
As a 10% owner, Wang’s holdings are held through affiliated partnerships/trust structures — this type of institutional/owner-level sale differs from direct insider (executive) trading and can reflect portfolio or entity-level decisions rather than personal trading by an executive. The transaction is large in dollar terms (~$401M) but the filing itself does not state the reason for the sale.