UTime (FXHO) Director Xie Hailin Receives 180,000-Share Award

What Happened

• Director Xie Hailin was granted 180,000 Class A ordinary shares on July 22, 2026, at an implicit per-share value of $12.30, totaling $2,214,000. The Form 4 filed July 28, 2026 reports this as an award/acquisition (transaction code A).

Key Details

• Transaction date: July 22, 2026; Report filed: July 28, 2026 (filed 6 days after the transaction; appears to be later than the standard 2-business-day Form 4 deadline).
• Shares awarded: 180,000; price/value reported: $12.30 per share; total value: $2,214,000.
• Footnote: Award granted under UTime Limited’s 2026 Equity Incentive Plan.
• Shares owned after the transaction: not disclosed in the provided filing summary.

Context

• This was an equity award (compensation), not an open-market purchase or sale. Awards are routine for executives/directors and reflect compensation decisions rather than an immediate market-directed purchase; they do not by themselves indicate trading intent. The late filing may be noted by investors but does not change the nature of the award.