Xu Jiayuan 4
Research Summary
AI-generated summary
FinVolution CFO Xu Jiayuan Receives 881,015 Shares via RSU Vesting
What Happened
Xu Jiayuan, CFO of FinVolution Group (FINV), received a total of 881,015 Class A ordinary shares through the vesting and settlement of restricted share units (RSUs). The awards vested on April 8 (139,240 shares) and April 10, 2026 (741,775 shares). The transactions show $0.00 purchase price (compensation vesting), so no cash was paid. The shares are held in the form of American depositary shares (ADS), with each ADS representing five Class A ordinary shares — equal to 176,203 ADS in total.
Key Details
- Transaction dates: April 8, 2026 (139,240 shares) and April 10, 2026 (741,775 shares).
- Transaction types/codes: A = grant/award (RSU vesting); M = exercise/conversion of derivatives (conversion/settlement of RSUs). Reported dollar price: $0.00; total reported cash = $0.00.
- ADS equivalence: 881,015 Class A shares = 176,203 ADS (1 ADS = 5 Class A shares) (see footnote F1).
- Footnotes: RSUs vested on Apr 8 and Apr 10 and have no expiration date; each RSU represents a contingent right to one Class A share (F2–F6).
- "Disposed" derivative entries in the filing reflect the conversion/cancellation of the RSU derivative instruments upon settlement, not an open‑market sale of shares.
- Filing timeliness: Form 4 filed on April 10, 2026 (same day as last reported vesting), so no late filing is indicated.
Context: These transactions are compensation-driven RSU vestings (not open-market purchases or sales). There is no indication in the Form 4 that shares were sold immediately after vesting. For retail investors, awarded/vested equity is routine executive compensation and does not necessarily signal a change in the insider's market view.