Tang Ning 4

What Happened
Tang Ning, reported as a 10% owner of Yiren Digital Ltd. (YRD), recorded an "other acquisition or disposition (J)" on June 5, 2026 for 81,176,519 ordinary shares. No purchase price or aggregate dollar amount was disclosed (price listed as N/A). The acquisition stems from a change in the shareholding structure of CreditEase Holdings (Cayman) Limited ("CreditEase") following a surrender of equity interests by certain shareholders (a restructuring) that increased the equity interest held by CreditEase and the Reporting Person's indirect interest.

Key Details

• Transaction date: June 5, 2026; Form 4 filed June 8, 2026 (filed within the typical 2-business-day window).
• Transaction code: J — "Other acquisition or disposition" (not an open-market purchase).
• Shares acquired: 81,176,519 ordinary shares. Price per share: N/A; aggregate value: not disclosed.
• Shares owned after transaction: not specified in the filing.
• Footnote highlights:
  • F1 — The shares are held by CreditEase; due to a restructuring and a trust arrangement (Cayman trust managed by Maples Trustee), Tang Ning is settlor and a beneficiary and may be deemed to have voting/dispositive power over those shares, though he disclaims beneficial ownership except for any pecuniary interest.
  • F2 — Reporting Person disclaims beneficial ownership except to the extent of pecuniary interest; this is a legal disclosure, not an admission of beneficial ownership under Section 16.

Context
This was an indirect transfer of ownership resulting from a corporate/ownership restructuring, not an open-market purchase or sale. For retail investors, note that such filings for 10% owners often reflect institutional or structural changes rather than a manager personally buying or selling stock; they are informative about ownership shifts but do not necessarily signal insider sentiment in the same way a direct personal purchase might.