NOAH HOLDINGS LTD: director Wu May Yihong sold 16,000 shares

What happened

• The filing shows director Wu May Yihong sold a total of 16,000 shares through open-market or private sales (transaction code S) on Sep 29 and Sep 30, 2026, for total proceeds of $126,214.

Key details

• Transaction dates and prices:
  • Sep 29, 2026: 500 shares @ $7.91 for $3,954; 500 shares @ $7.88 for $3,940 (Sep 29 total 1,000 shares for $7,894).
  • Sep 30, 2026: 1,000 shares @ $7.87 for $7,870; 1,000 shares @ $7.86 for $7,860; 1,000 shares @ $7.88 for $7,880; 1,000 shares @ $7.89 for $7,890; 1,000 shares @ $7.90 for $7,900; 1,000 shares @ $7.87 for $7,870; 1,000 shares @ $7.89 for $7,890; 1,000 shares @ $7.88 for $7,880; 1,000 shares @ $7.90 for $7,900; 4,000 shares @ $7.90 for $31,600; 1,000 shares @ $7.89 for $7,890; 1,000 shares @ $7.89 for $7,890 (Sep 30 total 15,000 shares for $118,320).
• Total sold: 16,000 shares for $126,214.
• Transaction type: open market or private sale (code S) as reported on the Form 4.
• Shares owned after the transaction: not specified in the supplied filing details.
• Filing date: Oct 2, 2026 (accession 0001104659-26-113158). No other footnotes or plans (for example, 10b5-1 or tax withholding) were provided in the supplied details.

Why it may matter

• The filing reports sales (code S). There is no indication in the supplied details that these were option exercises, awards, or gifts.
• A filing does not show why the insider traded or why the company acted.