Tang Le 4

What Happened Tang Le, Chief Financial Officer of BingEx Ltd (FLX), had 62,500 restricted share units (RSUs) vest on May 22, 2026. The filing shows an acquisition of 62,500 Class A ordinary shares at $0.00 (no cash paid) as the RSUs converted to underlying shares. To satisfy tax/administrative obligations, 16 shares were disposed/withheld at $0.75 each (total reported $12). The filing also records a related derivative conversion entry tied to the RSU settlement.

Key Details

• Transaction date: May 22, 2026; Form 4 filed May 26, 2026.
• Primary entries: 62,500 shares acquired via RSU vesting (exercise/conversion, $0.00); 16 shares disposed/withheld to cover taxes/fees at $0.75 ($12).
• Footnotes: F1/F3/F4 confirm these were RSUs (each RSU = right to one Class A share) and that 62,500 RSUs vested on May 22, 2026. F2 notes adjustments due to ADS ratio and shares withheld for administrative fees upon vesting.
• Shares owned after the transaction: not specified in the provided excerpt — see the full Form 4 for the post-transaction holdings column.
• Transaction codes: M = exercise/conversion of derivative (RSU settlement); F = tax withholding/administrative disposition.

Context This was a routine equity compensation event (RSU vesting), not an open-market purchase or a voluntary sale. The small share disposal (16 shares) reflects withholding to cover taxes/fees and is common with RSU settlements; it does not by itself indicate a change in the insider’s view of the company. For full context, review the complete Form 4 to confirm post-transaction ownership and any ADS ratio effects.