NetEase (NTES) VP Finance Mo Bin Receives RSU Award

What Happened
Mo Bin, Vice President, Finance at NetEase (NTES), was granted 716 restricted stock units (RSUs) on August 11, 2026. The Form 4 reports an acquisition (award) of 716 shares at $0.00 (total reported value $0). Each RSU is a contingent right to receive one American depositary share (ADS) upon vesting.

Key Details

• Transaction date: August 11, 2026; Form 4 filed August 13, 2026 (within the normal 2-business-day window).
• Transaction type/code: Award/Grant (A). Reported acquisition price: $0.00; reported total value: $0.
• Award size: 716 RSUs. Upon vesting each RSU converts to one ADS; each ADS represents five ordinary shares of NetEase.
• Vesting: The RSUs were subject to a performance-based condition that was deemed satisfied on August 11, 2026, but remain subject to a time-based vesting condition and will vest on September 1, 2026 only if Mo Bin remains in continuous service through that date.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 notes 1 ADS = 5 ordinary shares; F2 describes the RSU performance/time vesting conditions.

Context
This was an equity award, not a buy or sale. Awards at $0 are typical for RSUs (they represent future delivery of stock if vesting conditions are met) and do not by themselves indicate a buy/sell sentiment. The performance condition was met, but final delivery depends on continued employment through the September 1, 2026 vesting date.