Chen Pingping 4

What Happened

• Chen Pingping, President and Chief Credit Officer of FinVolution Group (FINV), had 1,291,500 restricted share units (RSUs) vest on April 3, 2026 and those RSUs were settled into shares. A portion of the shares (586,110) were sold on April 6, 2026 in a sell-to-cover transaction to satisfy tax withholding, generating proceeds of $591,971 at $1.01 per share. The RSU settlement/derivative conversion entries in the filing show the shares were acquired at $0.00 (award/settlement).

Key Details

• Vesting/settlement date: April 3, 2026 — 1,291,500 RSUs vested and were settled into shares (acquired at $0.00).
• Sale (tax withholding): April 6, 2026 — 586,110 shares sold at $1.01 each for $591,971 (disposition code F — tax withholding / sell-to-cover).
• Shares owned after transaction: Not specified in the provided filing data.
• Footnotes of note:
  • F1: Class A ordinary shares are held as American Depositary Shares (ADS); each ADS represents five Class A ordinary shares.
  • F2/F4/F5: RSUs represent the contingent right to receive one Class A ordinary share, vested on April 3, 2026, and have no expiration date.
  • F3: The April 6 sale was a sell-to-cover to cover tax withholding arising from the RSU vesting.
• Filing date vs. transaction date: Form filed April 7, 2026 for transactions on April 3–6, 2026 — check the Form 4 for any late-filing notation if timeliness is a concern.

Context

• RSUs are awards that convert into shares when they vest; this filing shows a routine vest-and-settle event followed by a sell-to-cover to meet tax obligations, which is common and typically not an indicator of a deliberate market sell signal. No open-market purchase by the insider occurred.