Jia Xiaoqian 4

What Happened
Jia Xiaoqian, a director of UTime Ltd (ticker: WTO), was granted 200,000 restricted stock units (RSUs) on April 29, 2026. The RSUs vest immediately following the grant date and each RSU represents the right to receive one Class A ordinary share. The reported acquisition price is $0.00, which reflects an awarded grant rather than a purchase.

Key Details

• Transaction type: Award/Grant (code A) — 200,000 RSUs awarded on 2026-04-29.
• Price reported: $0.00 per share (award).
• Vesting: RSUs vest immediately upon grant (per footnote). That means the award effectively converts to 200,000 shares at grant.
• Shares owned after transaction: Not specified in the filing.
• Filing details: Form 4 filed with SEC on 2026-05-28 (transaction dated 2026-04-29); filing appears late relative to the typical 2-business-day Form 4 deadline.
• Footnote: Confirms each RSU equals one Class A ordinary share and vests immediately.

Context
RSU awards are a common form of executive/director compensation and do not, by themselves, indicate a buy or sell signal. Because these RSUs vested immediately, the reporting person effectively received shares on the grant date. The late filing may be administrative; retail investors should note timing but not infer intent from timing alone.