Zhu Rui 4

What Happened

• Zhu Rui, a director of ATRenew Inc. (RERE), reported derivative activity on 2026-03-26. The filing shows 45,000 shares were acquired through an exercise/conversion of a derivative (code M; price N/A) and 30,000 shares were disposed of at $0.00 (also reported as a derivative transaction). The filing’s footnotes link these movements to restricted share units (RSUs) vesting and conversion to American Depositary Shares (ADS) rather than a cash market sale.

Key Details

• Transaction date: 2026-03-26. Transaction code: M (exercise/conversion of a derivative).
• Acquired: 45,000 shares (price reported as N/A). Disposed: 30,000 shares at $0.00 (no cash proceeds reported).
• Shares owned after transaction: Not specified in the provided filing information.
• Relevant footnotes:
  • F1: These represent ADS acquired through vesting of RSUs; every 3 ADS represent 2 Class A ordinary shares.
  • F2: Each RSU is the contingent right to receive one Class A ordinary share upon vesting.
  • F3: The 30,000 RSUs referenced were granted May 18, 2022 and vest in equal 1/3 installments on each May 18 thereafter (subject to continued service).
• Filing timeliness: Report filed on 2026-03-26 (same date as the reported transactions); no lateness indicated in the provided data.

Context

• This filing reflects conversion/vesting of equity awards (RSUs/ADS) rather than an open-market buy or sale. The 30,000-share disposition at $0.00 means there were no cash proceeds reported for that portion; the filing does not state the reason for the zero-price disposition (e.g., tax withholding, net settlement, or transfer). For retail investors, vesting-related acquisitions are routine compensation events and do not by themselves signal insider sentiment about the company.