Wang Yuxiang 4

What Happened

• Wang Yuxiang, FinVolution's Chief Operating Officer and CTO, had 970,720 restricted share units (RSUs) vest on April 10, 2026. Those RSUs converted into shares (reported as derivative conversion/exercise entries). To cover tax withholding, 453,545 shares were sold on April 13, 2026 at $0.99 per share for total proceeds of $449,010. After the sell-to-cover, Wang retained 517,175 shares from the vesting event. This was a vesting/settlement with a routine tax-related sale, not an open-market buy.

Key Details

• Vesting/settlement date: April 10, 2026 (970,720 RSUs vested and converted into shares).
• Sell-to-cover date: April 13, 2026 — 453,545 shares sold at $0.99 each for $449,010 (transaction code F = tax withholding).
• Reported transactions filed on April 14, 2026 (Form 4 accession 0001493152-26-016462); filing appears timely under the 2-business-day rule.
• Shares retained after the transaction: 517,175 (970,720 vested − 453,545 sold).
• Footnotes: RSUs represent contingent rights to Class A ordinary shares and vested on April 10, 2026 (no expiration). Shares are held in the form of American depositary shares (ADS); each ADS represents five Class A ordinary shares.

Context

• This was an award/vesting event (code A) with a subsequent sell-to-cover for taxes (code F). The filing also records conversion/exercise of the derivative (code M) related to the RSU settlement. Such sell-to-cover transactions are common to satisfy tax withholding and do not necessarily indicate a change in the insider’s view of the company.