Yan Zheng 4

What Happened

• Yan Zheng, Chief Risk Officer of Qfin Holdings (QFIN), acquired a total of 294,464 shares on May 20, 2026 through derivative awards (two entries: 287,744 and 6,720 shares). The transactions are reported as acquisitions of derivative securities tied to employee options/awards. The exercise price shown in a filing footnote is US$0.00001 per share (a nominal total cash outlay of roughly $2.94), and the awards vested on May 20, 2026. This was an acquisition (exercise/vesting), not a sale.

Key Details

• Transaction date: 2026-05-20; Form 4 filed: 2026-05-22 (filed within the typical 2-business-day reporting window).
• Shares involved: 287,744 and 6,720 (total 294,464). Price: $0.00 reported on the form; footnote indicates $0.00001 exercise price.
• Reported as derivative acquisitions (employee options/awards) that vested on 20 May 2026.
• Shares owned after the transaction: not disclosed in the provided filing details.
• No indication in the filing that shares were immediately sold (no cashless exercise or sale reported) and no 10b5-1 plan or tax-withholding details shown.

Context

• For retail investors: this is an insider acquiring shares via vested employee awards/options at a nominal exercise price, which is common for employee compensation. Such exercises are routine and do not, by themselves, indicate a directional view on the company's near-term stock performance.