Jianpu (AIJTY) Director Lu Jiayan Exercises Options

What Happened

• Director Lu Jiayan exercised stock options on 2026-09-17 and acquired a total of 22,500 American Depositary Shares (ADS), which represent 450,000 Class A ordinary shares of Jianpu Technology Inc. The ADS were acquired at $0.20 each for a total cash outlay of $4,500. The newly issued ADS are held indirectly by JYLu Holdings Ltd., a BVI company wholly owned by Mr. Lu. No open‑market sales were reported in this filing.

Key Details

• Transaction date: 2026-09-17; Form 4 filed 2026-09-18 (timely filing).
• ADS acquired: 11,250 @ $0.20; 7,500 @ $0.20; 1,875 @ $0.20; 1,875 @ $0.20 — total 22,500 ADS = 450,000 Class A shares; total paid $4,500.
• Footnotes: Each ADS equals 20 Class A ordinary shares (F1). The ADS are held indirectly by JYLu Holdings Ltd. (F2–F5).
• Remaining options: 37,500 options vest on Dec 31, 2026 (F6) and 37,500 options vest on Jan 31, 2027 (F7) — 75,000 options remaining per filing.
• Shares owned after transaction: The filing shows the exercised ADS are held indirectly by JYLu Holdings; the Form 4 does not disclose an aggregate beneficial ownership total.

Context

• This was an option exercise (transaction code M). The filing shows an exercised-for-ADS transaction with a cash exercise (small exercise price paid); there was no immediate sale reported in the Form 4. Exercises are routine insider transactions to convert options to shares and do not by themselves signal a change in intent or outlook.