UP Fintech (TIGR) Director Liu Jian Receives RSU Award

What Happened

Liu Jian, a director of UP Fintech Holding Ltd (TIGR), received an award of 399,990 Restricted Stock Units (RSUs) on March 19, 2026. Each RSU converts 1:1 into a Class A Ordinary Share upon vesting. The grant price recorded is $0.00 per share (total $0 at grant) because this is a compensatory award rather than a cash purchase.

Key Details

• Transaction date: March 19, 2026; Transaction code: A (award/grant).
• Grant: 399,990 RSUs; grant price $0.00; aggregate reported value at grant $0.
• Vesting schedule (subject to continued service):
  • 99,990 RSUs vest on Mar 19, 2027
  • 99,990 RSUs vest on Mar 19, 2028
  • 99,990 RSUs vest on Mar 19, 2029
  • 100,020 RSUs vest on Mar 19, 2030
• Settlement: RSUs settle exclusively in Class A Ordinary Shares (no cash settlement).
• Shares beneficially owned after this grant: 500,010 total, consisting of 399,990 underlying the new RSUs plus 100,020 Class A shares previously reported (RSUs that vested on Mar 19, 2026).
• Filing timeliness: Report filed on March 19, 2026 (same date as the grant), indicating a timely Form 4.

Context

This transaction is a standard equity compensation grant to align the director's interests with shareholders; it is not a market purchase or sale. The grant has no immediate cash value but can result in future share issuance (dilution) if and when the RSUs vest and are settled in shares.