Research Summary
AI-generated summary of this SEC filing
Uxin (XIN) Director Ying Li Receives 14,943 RSU Award
What Happened
Ying Li, a director of Uxin Ltd (ticker: XIN), was granted 14,943 restricted share units (RSUs) on July 29, 2026. The filing shows these RSUs represent 14,943 American Depositary Shares (ADS) and were vested on the same date. The reported acquisition price is $0.00, so the transaction value on the Form 4 is $0.
Key Details
- Transaction date and filing date: 2026-07-29 (filed the same day).
- Transaction type/code: Award/Grant (A).
- Shares granted and vested: 14,943 RSUs (each RSU = 1 ADS).
- Reported acquisition price/value: $0.00; Form 4 reports $0 total. Market value at grant is not stated in the filing.
- ADS conversion: Each ADS represents 300 Class A ordinary shares — 14,943 ADS = 4,482,900 ordinary shares underlying the ADS. (Footnote F1/F2.)
- Shares owned after transaction: not disclosed in the provided filing.
- Filing timeliness: Not indicated as late; transaction and report dates match.
Context
RSUs/ADS awards are typically compensation for directors or executives. Because these RSUs vested immediately, Ying Li would generally become the beneficial owner of the ADSs on the vesting date (which may have tax implications). This is a grant/award rather than an open‑market purchase or sale, so it signals receipt of compensation rather than a market-directed buy or sell.