4/AAccepted Sep 25, 8:38 AM ET
Yuanbao (YB) CFO Wan Hui Rui Sells 436 ADS for Tax Withholding
Accepted (ET)
8:38 AM
Sep 25, 2026
Filed
Sep 25, 2026
Documents
1
Size
6.6 KB
Summary
Yuanbao (YB) CFO Wan Hui Rui Sells 436 ADS for Tax Withholding
What Happened
CFO Wan Hui Rui had 436 American Depositary Shares (ADS) disposed/withheld to cover a tax liability tied to a derivative event on Sept 16, 2026. The reported price per ADS was $12.31, for a total value of approximately $5,367. This Form 4 is an amendment updating previously estimated withholding to the actual number of ADS withheld/sold.
Key Details
- Transaction type: Tax withholding/payment of exercise price (Form 4 code F — shares withheld or sold to cover tax liability).
- Transaction date: September 16, 2026 (amended Form 4 filed September 25, 2026).
- Shares involved: 436 ADS disposed/withheld at a reported price of $12.31 per ADS; total ≈ $5,367.
- Footnote: Each ADS represents 6 Class A ordinary shares of Yuanbao Inc. (ADSs are convertible at holder's election and have no expiration).
- Amendment note: The original Form 4 used an estimated withholding amount; this amendment reports the actual number withheld. The filing also notes the price in Column 8 is a weighted-average price per ADS sold, with the last sale completed on Sept 23, 2026, and the reporting person will provide full details of share counts/prices on request.
- Shares owned after transaction: Not specified in the provided summary of the filing.
Context
Withholdings to cover taxes are routine when insiders exercise options or otherwise have taxable events; they are administrative rather than an open-market sale reflecting investment intent. This filing reports the mechanics of that withholding and corrects a prior estimate to the actual amount.