Accepted (ET)
7:54 AM
Sep 28, 2026
Filed
Sep 28, 2026
Documents
1
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8.9 KB
Summary
QFIN Director Yan Andrew Y Sells 656,700 ADS
What Happened Yan Andrew Y, a director of Qfin Holdings, Inc. (QFIN), sold a total of 656,700 American Depositary Shares (ADS) in two open-market transactions. On Sept 24, 2026 he sold 330,000 ADS at a weighted average price of $7.52 for proceeds of $2,482,458; on Sept 25, 2026 he sold 326,700 ADS at a weighted average price of $7.36 for proceeds of $2,404,708. Combined proceeds were approximately $4,887,166. (Each ADS represents two Class A ordinary shares.)
Key Details
- Transaction dates and prices:
- 2026-09-24: 330,000 ADS sold, weighted avg $7.52 (range $7.47–$7.61). (Footnote F2)
- 2026-09-25: 326,700 ADS sold, weighted avg $7.36 (range $7.30–$7.45). (Footnote F3)
- Total sold: 656,700 ADS (equivalent to 1,313,400 Class A ordinary shares).
- Total reported proceeds: ~$4,887,166.
- Transaction type: Open-market sale (Form 4 code S).
- Shares owned after transaction: Not specified in the summary provided — see the filed Form 4 for post-transaction holdings.
- Footnotes: F1 notes each ADS = 2 Class A ordinary shares; F2/F3 state weighted-average pricing and price ranges and that detailed per-price quantities are available on request to the SEC/issuer/security holders.
- Filing timeliness: Form 4 filed on 2026-09-28, which appears to be timely for reporting these transactions.
Context This was a sale of existing holdings (not an acquisition or option exercise). Sales by insiders can be routine (diversification, tax planning, etc.) and do not by themselves indicate company performance; purchases typically carry more informational weight for investors. For precise post-sale ownership and any additional context, review the full Form 4 filing (Accession 0001104659-26-111159).