Cheetah Mobile (CMCM) Director Wu Shengwu Exercises RSUs, Disposes ADSs

What Happened

• Wu Shengwu, a director of Cheetah Mobile Inc. (CMCM), reported derivative transactions on September 22, 2026. The filing shows conversion/exercise activity that resulted in the acquisition of 12,737 American Depositary Shares (ADSs) at $0.00 (from vested RSUs) and a reported disposition of 636,850 ADSs at $0.00. No cash consideration is reported for either transaction.

Key Details

• Transaction date: 2026-09-22 (filed 2026-09-22).
• Transaction type/code: M (exercise or conversion of derivative instruments).
• Acquired: 12,737 ADSs @ $0.00 — footnote states these ADSs were from vested Restricted Share Units (RSUs) that converted on Sep 22, 2026.
• Disposed: 636,850 ADSs @ $0.00 — the filing does not include a footnote explaining the nature of this disposition.
• ADS conversion: Each ADS represents 50 Class A ordinary shares of the company (per filing).
• Shares owned after transaction: Not specified in the excerpted filing.
• Filing timeliness: No late-filing indication in the provided report.

Context

• The 12,737 ADSs were received through RSU vesting and conversion (a non-cash award vesting event). The reported $0.00 price means no cash changed hands on the conversion.
• The large reported disposal at $0.00 is unusual for an open-market sale (which would show a price) — the form does not state whether this reflects cancellation, net settlement, transfer, or another non-cash action. The filing itself should be consulted for any additional footnotes or exhibits for clarification.
• As with all insider filings, these entries are factual disclosures of transactions; they do not, by themselves, indicate the director’s view of the company.