Haisheng Wu 4

What Happened

• Haisheng Wu, Chief Executive Officer of Qfin Holdings, acquired a total of 658,462 shares on May 20, 2026 through derivative awards (employee share options/awards). The filing reports three acquisitions: 617,000; 34,058; and 7,404 shares. The report shows $0.00 per-share reported price, with a footnote that the employee option exercise price is US$0.00001 — an effective cash cost of about $6.58 for all shares. The options vested on May 20, 2026.

Key Details

• Transaction date: 2026-05-20 (reported on Form 4 filed 2026-05-22)
• Transaction type/code: A (Grant/award or other acquisition of derivative securities)
• Shares acquired: 617,000 + 34,058 + 7,404 = 658,462 shares (derivative → common)
• Reported per-share price: $0.00 (footnote: actual exercise price US$0.00001)
• Approximate cash cost to exercise options: ~$6.58 (658,462 × $0.00001)
• Vesting: options vested on May 20, 2026 (per footnote)
• Shares owned after transaction: not specified in the provided filing excerpt
• Timeliness: Filed 2026-05-22 for a 2026-05-20 transaction — appears timely (no late filing indicated)

Context

• This was an acquisition via employee options vesting/exercise rather than an open-market purchase or sale. Such option vesting is common for executives and typically reflects compensation rather than a market-timing trade. The filing does not show any immediate sale of these shares.