WEIBO (WB) Director Wang Yan Receives 6,250 Shares via Vesting

What Happened

• Wang Yan, a director of WEIBO Corp (WB), acquired 6,250 shares on August 16, 2026 when restricted shares vested (reported as an exercise/conversion of a derivative). The filing also shows a simultaneous conversion of derivative securities for 6,250 shares. Both transactions were reported at $0.00 per share (no cash paid in the filing).

Key Details

• Transaction date: 2026-08-16; Filing date: 2026-08-18 (filed on time).
• Reported amounts: 6,250 shares acquired (code M) and 6,250 shares converted/disposed (code C); price reported $0.00; total cash value shown $0.
• Shares owned after the transaction: Not disclosed in the filing.
• Footnotes: (F1) Shares were acquired from vested restricted shares. Each American Depositary Share (ADS) represents one Class A ordinary share. (F2) The restricted shares do not have an expiration date.
• No indication of a market sale or cash proceeds; this appears to be vesting/conversion rather than an open-market purchase or sale.

Context

• This was a non-cash event tied to equity compensation vesting and conversion of a derivative instrument into underlying shares. Such transactions are common for insiders receiving equity awards and do not by themselves indicate a buy/sell market sentiment.