H World (HTHT) Director Justin Leverenz Receives 164,050 Shares

What Happened

• Justin Martin Leverenz, a director of H World Group Ltd (HTHT), received 164,050 ordinary shares on August 15, 2026 when restricted share units vested and settled into shares. The Form 4 records an acquisition of 164,050 shares via exercise/conversion of a derivative (code M) and a corresponding disposition of 164,050 shares at $0.00 (derivative disposition).
• No cash sale or open-market purchase is reported; this was a settlement of previously granted RSUs rather than a buy or sell for cash.

Key Details

• Transaction date: August 15, 2026; Form 4 filed August 18, 2026 (Period of Report: 2026-08-15).
• Reported activity: 164,050 shares acquired via conversion/exercise of derivative (code M) and 164,050 shares disposed at $0.00 (derivative).
• Footnotes: F1–F4 confirm these were restricted share units that vested and converted one-for-one to ordinary shares; they were granted Aug 5, 2025 and vested Aug 15, 2026. F2 names an Irrevocable Trust (beneficiary: Johann Spencer Leverenz; trustee: Nancy Hu).
• Shares owned after the transaction are not specified in the provided filing excerpt.
• Filing timing: filed three days after the transaction date; Form 4s are generally due within two business days — the filing date is shown on the document.

Context

• These entries reflect RSU vesting and settlement (derivative conversion), not a market purchase or sale. The $0.00 disposition entry typically reflects a non-cash transfer/settlement step recorded on Form 4; consult the filing footnotes for recipient/trust details.
• For retail investors: RSU settlements are routine compensation events and do not by themselves signal buying or selling intent in the market.