Luckin Coffee (LKNCY) CEO Guo Jinyi Sells $10.8M in ADSs

What Happened Guo Jinyi, Chief Executive Officer of Luckin Coffee Inc., sold a total of 296,671 American Depositary Shares (ADSs) in two open-market transactions on Aug 5–6, 2026, generating roughly $10,813,611 in proceeds. The filings list 247,070 ADSs sold on Aug 5 at a reported weighted-average price of $36.50 (≈$9.02M) and 49,601 ADSs sold on Aug 6 at a reported weighted-average price of $36.20 (≈$1.80M). These were sales (S) — insider sales are often routine and do not by themselves indicate company prospects.

Key Details

• Filing: Form 4 filed Aug 7, 2026 (appears timely relative to the trade dates).
• Transaction dates/prices: Aug 5, 2026 — 247,070 ADSs at $36.50 (weighted avg; range reported 36.4–37.0 per ADS); Aug 6, 2026 — 49,601 ADSs at $36.20 (weighted avg; range reported 36.0–36.5 per ADS).
• Total ADSs sold: 296,671 ADSs for about $10,813,611.
• Underlying shares: Each ADS represents 8 Class A ordinary shares (footnote); 296,671 ADSs = 2,373,368 underlying ordinary shares.
• Footnotes: Reported prices are weighted averages; the filer will provide per-trade breakdown on request (per F2/F3).
• Shares owned after transaction: Not disclosed in the provided summary of this filing.

Context These were outright sales of ADSs (no options exercise or awards involved). Sales by executives can be for many personal reasons; they are informative for tracking insider activity but should not be taken alone as a buy/sell signal. If you track insider ownership trends, consider combining this with other filings (Form 4s) and company fundamentals.