Yuanbao (YB) CTO Wang Bo Ethan Sells 1,280 ADS

What Happened

• Wang Bo Ethan, Chief Technology Officer of Yuanbao Inc. (YB), reported a disposal of 1,280 American Depositary Shares (ADS) to satisfy a tax or exercise-related obligation. The transaction is reported as a derivative-related disposal (code F) and the proceeds reported total approximately $15,757, based on a weighted average price of $12.31 per ADS.

Key Details

• Transaction date (reporting period): September 16, 2026; filing date (amendment): September 25, 2026. The filing is an amendment updating previously estimated withheld shares.
• Shares/amount: 1,280 ADS disposed; each ADS is convertible into six Class A ordinary shares (1,280 ADS = up to 7,680 underlying Class A shares).
• Price/value: Weighted average price reported $12.31 per ADS; total reported value $15,757. Footnote indicates the last of the related ADS sales completed on September 23, 2026, and the filer can provide full sale-by-sale details upon request.
• Reason/transaction code: F — payment of exercise price or tax liability (tax withholding/cashless portion of an exercise).
• Shares owned after transaction: Not disclosed in the excerpt of this filing.
• Amendment note: This Form 4 amends an earlier filing to replace estimated withheld-share figures with the actual amounts.

Context

• This was a tax-withholding/disposal related to an equity event (common when options/awards vest or are exercised) rather than an open-market sale for investment purposes. Such withholding transactions are routine and do not necessarily indicate the insider’s market view.