iQIYI, Inc.·4

May 13, 8:30 AM ET

Duan Youqiao 4

4 · iQIYI, Inc. · Filed May 13, 2026

Research Summary

AI-generated summary of this filing

Updated

iQIYI (IQ) SVP Duan Youqiao Receives Option Grants (≈4.56M)

What Happened
Duan Youqiao, Senior Vice President of iQIYI, was involved in derivative (option-related) transactions on 2026-05-11 that total 4,557,983 shares. The filing shows three pairs of transactions: dispositions to the issuer and corresponding grants/awards for 982,927; 375,056; and 3,200,000 shares. All items are reported as derivative (options) with no per-share price or cash value shown in the filing.

Key Details

  • Transaction date: 2026-05-11; Form 4 filed: 2026-05-13 (timely filing).
  • Reported amounts: grants/awards = 982,927 + 375,056 + 3,200,000 = 4,557,983 derivative shares; matching dispositions to issuer for the same amounts.
  • Price: N/A (derivative transactions; no open-market sale price reported).
  • Shares owned after transaction: not specified in the provided excerpt.
  • Notable footnotes: filing notes multiple vesting schedules for option grants and indicates some transactions involved amendments to extend option expiration dates (footnotes state amended options now expire on 10/18/2030 and list varying vesting schedules).
  • Filing timeliness: filed two days after the transactions; no late filing flag indicated.

Context
These are derivative-option transactions (not open-market buys or sales). The paired "disposition to the issuer" and simultaneous "grant/award" entries typically reflect option cancellations/amendments and re-grants or administrative adjustments (including expiration-date extensions), not a sale that generated cash proceeds. Because no exercise price or cash amounts are shown, this filing mainly documents a change in option awards and their terms/vesting rather than a market trade.

Insider Transaction Report

Form 4
Period: 2026-05-11
Duan Youqiao
Senior Vice President
Transactions
  • Disposition to Issuer

    Option (right to buy)

    [F4][F3]
    2026-05-11982,9270 total
    Exercise: $0.51Exp: 2026-08-05Class A ordinary share (982,927 underlying)
  • Award

    Option (right to buy)

    [F4][F3]
    2026-05-11+982,927982,927 total
    Exercise: $0.51Exp: 2030-10-18Class A ordinary share (982,927 underlying)
  • Disposition to Issuer

    Option (right to buy)

    [F6][F5]
    2026-05-11375,0560 total
    Exercise: $0.51Exp: 2027-02-14Class A ordinary share (375,056 underlying)
  • Award

    Option (right to buy)

    [F6][F5]
    2026-05-11+375,056375,056 total
    Exercise: $0.51Exp: 2030-10-18Class A ordinary share (375,056 underlying)
  • Disposition to Issuer

    Option (right to buy)

    [F8][F7]
    2026-05-113,200,0000 total
    Exercise: $0.51Exp: 2028-02-28Class A ordinary share (3,200,000 underlying)
  • Award

    Option (right to buy)

    [F8][F7]
    2026-05-11+3,200,0003,200,000 total
    Exercise: $0.51Exp: 2030-10-18Class A ordinary share (3,200,000 underlying)
Holdings
  • Option (right to buy)

    [F1]
    Exercise: $0.51Exp: 2036-05-11Class A ordinary share (2,275,000 underlying)
    2,275,000
  • Option (right to buy)

    [F2]
    Exercise: $0.00Exp: 2036-05-11Class A ordinary share (2,450,000 underlying)
    2,450,000
Footnotes (8)
  • [F1]The options vest over a four-year period, with 25% vesting on the 1st anniversary of 05/11/2026, and the remaining 75% vesting in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary.
  • [F2]The options vest over a four-year period, with 25% vesting on each of the 1st, 2nd, 3rd and 4th anniversary of 05/11/2026.
  • [F3]The options have fully vested over a four-year period, with 25% vested on the 1st anniversary of 08/05/2016, and the remaining 75% vested in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary.
  • [F4]The two reported transactions involved an amendment of outstanding options to extend the expiration date, which may be deemed a cancellation of the original options (to expire on 08/05/2026) and grant of new options. As amended, the options expire on 10/18/2030.
  • [F5]The options have fully vested over a four-year period, with 25% vested on the 1st anniversary of 02/14/2017, and the remaining 75% vested in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary.
  • [F6]The two reported transactions involved an amendment of outstanding options to extend the expiration date, which may be deemed a cancellation of the original options (to expire on 02/14/2027) and grant of new options. As amended, the options expire on 10/18/2030.
  • [F7]The options have fully vested over a four-year period, with 25% vested on the 1st anniversary of 02/28/2018, and the remaining 75% vested in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary.
  • [F8]The two reported transactions involved an amendment of outstanding options to extend the expiration date, which may be deemed a cancellation of the original options (to expire on 02/28/2028) and grant of new options. As amended, the options expire on 10/18/2030.
Signature
/s/ Duan Youqiao|2026-05-13

Documents

1 file
  • 4
    ownership.xmlPrimary

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