Tuniu (TOUR) CEO Dunde Yu Replaces Stock Option (1,981,000 Shares)

What Happened

• Dunde Yu, CEO of Tuniu Corp (NASDAQ: TOUR), reported a derivative transaction on 2026-08-13 that effectively canceled an existing option and granted a replacement option covering 1,981,000 shares. No stock sale or cash purchase occurred; this is an option amendment/extension, not an open-market trade. The original option was granted on August 20, 2015 and is fully vested. Reported prices are N/A, and no proceeds are reported.

Key Details

• Transaction date: 2026-08-13
• Reported actions: Disposition to issuer (deemed cancellation) and Grant/Acquisition (replacement option) — 1,981,000 shares
• Price per share: N/A (derivative amendment; not a market trade)
• Shares owned after transaction: Not specified in the Form 4
• Footnotes of note:
  • F1: The filing treats the amendment as cancellation of the original option for Section 16 purposes and the grant of a replacement option; the original option (8/20/2015) was fully vested.
  • F2: Dragon Rabbit Capital Ltd. is wholly owned by Longtu Holdings Ltd., which is owned by a trust for which Mr. Yu’s family is the beneficiary (useful for understanding beneficial ownership).
• Filing timeliness: Filing date equals transaction date (2026-08-13); no late filing indicated.

Context

• This was an options amendment/extension (derivative transaction), not an exercise or sale. Because the option was fully vested and was simply replaced/extended, there was no immediate sale of shares or cash proceeds reported — such transactions do not necessarily signal buying or selling intent in the market. Retail investors should note this is an insider-related contractual change to option terms rather than a direct purchase or disposition of stock.