Cai Jeffery Rong 4
4 · Zhibao Technology Inc. · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
Zhibao (ZBAO) Former Director Jeffery Rong Receives 12,500 Shares
What Happened
Jeffery Rong Cai, a former independent director of Zhibao Technology Inc., was issued 12,500 Class A ordinary shares on June 30, 2026 as a vested equity award under the company's 2026 Equity Incentive Plan. The Form 4 reports the shares as acquired at $0.00 per share (award/vesting), so no cash purchase price is shown.
Key Details
- Transaction date: June 30, 2026 (issuance/vesting); Form 4 filed July 7, 2026.
- Reported price: $0.00 per share (award/vesting), total reported cash = $0.
- Grant background: Board approved aggregate grant of 20,000 RSUs to Mr. Cai on Feb 16, 2026; 12,500 shares issued per the vesting schedule.
- Shares owned after transaction: not specified in the filing.
- Timeliness: Filing was submitted 7 days after the vesting date (later than the typical 2-business-day Form 4 window).
- Other note: Mr. Cai resigned as an independent director effective July 1, 2026 and is no longer subject to Section 16 reporting.
Context
This was an equity award vesting (restricted stock units issued), not an open-market buy or sale. Such awards reflect compensation or previously approved grants rather than an independent buy/sell decision by the insider; they should be treated as administrative/compensation-related rather than a direct bullish or bearish signal.
Insider Transaction Report
- Award
Class A ordinary shares
[F1]2026-06-30+12,500→ 12,500 total
Footnotes (1)
- [F1]On February 16, 2026, the board of directors of Zhibao Technology Inc. (the "Company") approved the grant of an aggregate of 20,000 Class A ordinary shares, par value $0.0001 per share, of the Company ("Ordinary Shares") to Jeffrey Rong Cai, as an equity-based award under the Company's 2026 Equity Incentive Plan and the Restricted Stock Unit Award Agreement by and between the Company and Mr. Cai (the "RSU Agreement"). On June 30, 2026, the Company issued 12,500 Ordinary Shares to Mr. Cai pursuant to the vesting schedule provided in the RSU Agreement. Mr. Cai resigned as the Company's independent director, effective July 1, 2026, and therefore is no longer subject to Section 16 reporting.