Li Tiezheng 4

What Happened

• Li Tiezheng, CEO of FinVolution Group (FINV), had 380,000 restricted share units (RSUs) vest on April 3, 2026, resulting in the acquisition of 380,000 Class A ordinary shares (reported in the filing). To satisfy tax withholding obligations, 154,690 of those shares were sold on April 6, 2026 at $1.01 per share for proceeds of $156,237. The RSUs have no expiration date.

Key Details

• Transaction dates: RSU vesting / acquisition recorded April 3, 2026; sell-to-cover tax withholding executed April 6, 2026; Form 4 filed April 7, 2026.
• Shares and prices: 380,000 shares acquired via RSU vesting (acquisition price $0.00); 154,690 shares disposed at $1.01 per share for $156,237 (sell-to-cover).
• Footnotes: Shares are held in the form of American Depositary Shares (ADS); each ADS represents five Class A ordinary shares. RSUs vesting and settlement produced the shares; the sale was a sell-to-cover to meet tax withholding. Happyariel Holding Limited is noted as a vehicle through which Mr. Li beneficially owns shares (see filing).
• Shares owned after the transactions: Not specified in this Form 4.
• Timeliness: The filing (Apr 7) reports events on Apr 3 and Apr 6; the filing itself does not indicate it was late.

Context

• This was a standard RSU vesting and sell-to-cover tax withholding, not an open-market investment decision. The RSUs vested and were settled into shares, and a portion was immediately sold to cover taxes (a routine administrative transaction). For retail investors, such transactions generally reflect compensation mechanics rather than a direct signal of the insider’s market view.