BingEx (FLX) CFO Tang Le Receives 62,500-Share Award

What Happened

• Tang Le, Chief Financial Officer of BingEx Ltd (FLX), had 62,500 restricted share units (RSUs) vest on August 24, 2026, and those RSUs converted into Class A ordinary shares. The filing shows 62,500 shares acquired at $0.00 (conversion of derivative).
• To cover tax and administrative obligations, 16 shares were withheld/disposed at $0.63 per share (total reported ~$10). The filing also lists an adjustment related to the ADS ratio and withholding upon vesting.

Key Details

• Transaction date: August 24, 2026; Form 4 filed August 26, 2026 (appears timely).
• Primary entries: Conversion/exercise of derivative (code M) — 62,500 shares acquired at $0.00; Tax withholding/administrative (code F) — 16 shares disposed at $0.63 ($10).
• Footnotes: F1–F4 indicate these were RSUs that vested (each RSU = 1 Class A share), 62,500 RSUs vested on 8/24/2026, and some share adjustments reflect the ADS ratio and shares withheld for fees.
• Shares owned after the transaction: not disclosed in the filing.
• Transaction codes: M = exercise/conversion of derivative (RSU vesting/conversion); F = withholding to satisfy tax/fee obligations.

Context

• This transaction is an award/compensation event (RSU vesting), not an open-market buy or sell; the only disposal reported was routine withholding to cover taxes/fees. Such vesting events are common executive compensation and do not by themselves indicate a buy/sell signal.