Aurora Mobile (JG) Director Lee Hon Sang Receives RSU ADSs

What Happened

• Director Lee Hon Sang had restricted share units (RSUs) vest on Aug 1, 2026 and the RSUs converted into American Depositary Shares (ADSs). The Form 4 shows 4,906 ADSs were delivered to him (acquired) and 65,407 ADSs were disposed at $0.00 — consistent with shares withheld to satisfy tax obligations on vesting. No cash proceeds were reported.

Key Details

• Transaction date: 2026-08-01; Form 4 filed: 2026-08-03 (timely).
• Reported mechanics: two derivative conversion entries (code M) — 4,906 ADSs acquired; 65,407 ADSs disposed at $0.00.
• Shares owned after transaction: not specified in this Form 4.
• Footnotes of note:
  • F1: Every 3 ADSs represent 40 Class A common shares.
  • F2: RSUs convert to ADSs at a ratio of 3 ADSs per 40 RSUs.
  • F3: These RSUs were granted Aug 1, 2025 and fully vested Aug 1, 2026.
• Filing timeliness: filed within normal Form 4 timing (no late filing indicated).

Context

• This was a vesting/conversion of RSUs, not an open-market purchase or voluntary sale. The $0.00 disposition typically reflects shares withheld to cover taxes rather than a market sale. For retail investors, such vesting/withholding events are routine compensation settlements and do not necessarily indicate the insider’s buy/sell sentiment.