BingEx (FLX) Exec Yu Hongjian Receives 125,000 Shares

What Happened
Yu Hongjian, Executive President and Director of BingEx Ltd (FLX), had 125,000 restricted share units (RSUs) vest on August 24, 2026. The RSUs converted to Class A ordinary shares (recorded as an acquisition of 125,000 shares at $0.00). A small number of shares (26) were withheld/sold to cover taxes/administrative fees for about $0.63 per share (total ~$16). The filing also shows the corresponding settlement/conversion of the derivative RSU instrument.

Key Details

• Transaction date: August 24, 2026 (reported on Form 4 filed Aug 26, 2026). Filing appears timely.
• Principal actions: Vesting/conversion of 125,000 RSUs into shares (code M — derivative conversion); tax/fee withholding of 26 shares (code F).
• Prices/values shown: conversion recorded at $0.00 per share; 26 withheld shares at $0.63 each (~$16).
• Footnotes: F1–F4 state these were RSUs that vested on Aug 24, 2026; each RSU converts to one Class A share; share counts adjusted for ADS ratio and withholding for administrative fees.
• Shares owned after transaction: not specified in the provided filing details.

Context

• This was not a market buy or sale signaling directional trading — it was vesting/settlement of previously granted RSUs. The $0.00 price reflects conversion on vesting, not a cash purchase.
• The small share disposition (26 shares) is routine tax/fee withholding upon vesting and does not indicate active selling by the insider.