Xu Jiayuan 4

What Happened

• Xu Jiayuan, Chief Financial Officer of FinVolution Group (FINV), had 214,180 Class A ordinary shares reported as acquired on April 3, 2026 upon the vesting of restricted share units (RSUs). The filing records these as an award/acquisition (code A) and an exercise/conversion of a derivative (code M) at $0.00 per share (total value reported $0).
• The Form 4 also lists a simultaneous conversion/disposition (code M) of the same 214,180 shares at $0.00. The filing does not report cash proceeds for that disposition.

Key Details

• Transaction date: April 3, 2026; Form 4 filed April 7, 2026 (appears timely).
• Reported shares: 214,180 Class A ordinary shares. These are held as American depositary shares (ADS); each ADS = 5 Class A shares, so this equals 42,836 ADS.
• Price/value reported: $0.00 per share; total reported value $0 (typical for RSU vesting where no exercise price is paid).
• Footnotes: RSUs vested on April 3, 2026; each RSU entitled the holder to one Class A share; RSUs have no expiration date.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.

Context

• The primary event is RSU vesting (an award becoming payable). The filing’s use of both acquisition (A) and exercise/conversion (M) codes reflects conversion of vested RSUs into ordinary shares/ADS.
• The simultaneous disposition at $0.00 is reported but not explained in the footnotes—Form 4s sometimes record transfers for administrative reasons (e.g., conversion, delivery of shares, or tax-related mechanics), but the filing does not specify the reason or any cash sale.