4Filed Jul 27, 8:00 PM ET
UTime (FXHO) Director Jia Xiaoqian Receives 180,000-Share Award
$FXHO · UTime LtdResearch Summary
AI-generated summary of this SEC filing
UTime (FXHO) Director Jia Xiaoqian Receives 180,000-Share Award
What Happened
Jia Xiaoqian, a director of UTime Ltd (FXHO), was granted 180,000 Class A ordinary shares on July 22, 2026, at an attributable price of $12.30 per share, totaling approximately $2,214,000. The Form 4 reports this as an award/grant (transaction code A), an acquisition of shares rather than a sale.
Key Details
- Transaction date: 2026-07-22; per-share value reported: $12.30; total value: $2,214,000.
- Transaction type: Award/Grant (code A) under the company’s equity plan.
- Shares owned after the transaction: Not disclosed in the provided excerpt of the filing.
- Footnote: F1 — the shares were awarded under UTime Limited’s 2026 Equity Incentive Plan.
- Filing date: 2026-07-28 (filed six days after the transaction date); this appears later than the typical 2-business-day Form 4 deadline.
Context
This was a compensation-related equity award (not an open-market purchase or sale). Such grants are commonly subject to vesting and other plan conditions (the footnote identifies the company’s 2026 Equity Incentive Plan). Awards signal management/company compensation decisions but do not by themselves indicate immediate buying or selling in the market.