Wang Jingbo 4
4 · ATRenew Inc. · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
ATRenew (RERE) Director Wang Jingbo Receives RSU Vesting
What Happened
- Director Wang Jingbo reported the vesting/conversion of restricted share units on March 25, 2026. The filing shows an acquisition of 53,250 American Depositary Shares (ADS) through vesting (F1). Every 3 ADS represent 2 Class A ordinary shares, so the 53,250 ADS represent 35,500 Class A ordinary shares.
- The report also lists dispositions (derivative conversions) totaling 35,500 Class A ordinary shares (16,500; 9,000; 10,000) at $0.00. These disposals correspond to previously granted RSU tranches (grants dated June 18, 2021, 2022 and 2024 per F3–F5). No cash proceeds were reported.
Key Details
- Transaction date: March 25, 2026; Form filed March 26, 2026 (timely).
- Transaction code: M (exercise or conversion of derivative).
- Acquired: 53,250 ADS via RSU vesting (represents 35,500 Class A ordinary shares).
- Disposed: 16,500; 9,000; and 10,000 Class A ordinary shares at $0.00 (total 35,500).
- Shares owned after transaction: Not disclosed in the provided filing.
- Relevant footnotes: F1–F5 explain ADS conversion and the original RSU grants/vesting schedules (June 18, 2021; June 18, 2022; June 18, 2024).
- The $0.00 dispositions are recorded as derivative conversions; filings typically show $0 dispositions when shares are withheld to cover tax withholding or similar settlement obligations (filing does not explicitly state the reason).
Context
- This was a vesting/settlement of restricted share units rather than an open-market purchase or sale. The filing shows conversion/settlement activity; it does not report a market sale for cash. For retail investors, RSU vesting is a routine compensation event and does not by itself signal a buy or sell decision by the insider.
Insider Transaction Report
Form 4
ATRenew Inc.RERE
Wang Jingbo
Director
Transactions
- Exercise/Conversion
American depositary shares
[F1]2026-03-25+53,250→ 53,250 total - Exercise/Conversion
Restricted share units
[F2][F3]2026-03-25−16,500→ 0 totalExp: 2031-06-18→ Class A ordinary shares (16,500 underlying) - Exercise/Conversion
Restricted share units
[F2][F4]2026-03-25−9,000→ 0 totalExp: 2032-06-18→ Class A ordinary shares (9,000 underlying) - Exercise/Conversion
Restricted share units
[F2][F5]2026-03-25−10,000→ 20,000 totalExp: 2034-06-18→ Class A ordinary shares (10,000 underlying)
Footnotes (5)
- [F1]Represents American depositary shares acquired through the vesting of restricted share units. Every three American depositary shares ("ADS") represent two Class A ordinary shares, par value US$0.001 per share.
- [F2]Each restricted share unit represents the contingent right to receive one (1) Class A ordinary shares of the issuer upon vesting.
- [F3]Represents restricted share units to purchase 16,500 Class A ordinary shares granted on June 18, 2021. The restricted share units vest in equal installments of 1/3 of the restricted share units on the June 18 of each year thereafter over the next 3 years, subject to the reporting person's continued service through the applicable vesting date
- [F4]Represents restricted share units to purchase 9,000 Class A ordinary shares granted on June 18, 2022. The restricted share units vest in equal installments of 1/2 of the restricted share units on the June 18 of each year thereafter over the next 2 years, subject to the reporting person's continued service through the applicable vesting date.
- [F5]Represents restricted share units to purchase 30,000 Class A ordinary shares granted on June 18, 2024. The restricted share units vest in equal installments of 1/3 of the restricted share units on the June 18 of each year thereafter over the next 3 years, subject to the reporting person's continued service through the applicable vesting date.
Signature
/s/ Wang Jingbo|2026-03-26