So‑Young (SY) COO Li Gefei Receives Vested Options (28,203)

What Happened

• Li Gefei, COO and a director of So‑Young International Inc. (SY), had two performance-based option awards that vested in full on September 7, 2026. The filing shows acquisition entries for 10,576 and 17,627 derivative securities (options) at a reported price of $0.01 each, with reported values of $106 and $176 respectively (combined ≈ $282). These transactions are awards/vesting events (Form 4 code A), not open-market purchases or sales.

Key Details

• Transaction dates: September 7, 2026 (vested); Form 4 filed September 8, 2026.
• Reported items: 10,576 options @ $0.01 (reported value $106) and 17,627 options @ $0.01 (reported value $176).
• Total awarded/vested: 28,203 options; combined reported value ≈ $282.
• Security form: These are derivative securities (options). Footnote F1 notes the company’s Class A ordinary shares are held as ADS (13 ADS represent 10 Class A shares).
• Footnotes: F2 and F3 confirm both grants were performance‑based options that vested in full on 9/7/2026.
• Shares owned after transaction: not specified in the information provided in this summary.
• Timeliness: Filing was submitted the next day (no late filing flag indicated).

Context

• This was a compensation-related vesting event (award/vesting of options). The filing does not show any immediate sale of the shares or a cashless exercise; it simply records the vesting/acquisition of derivative securities. Such awards are common executive compensation and are informational rather than a direct market buy or sell signal.