Duan Youqiao 4
4 · iQIYI, Inc. · Filed May 13, 2026
Research Summary
AI-generated summary of this filing
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
- Disposition to Issuer
Option (right to buy)
[F4][F3]2026-05-11−982,927→ 0 totalExercise: $0.51Exp: 2026-08-05→ Class A ordinary share (982,927 underlying) - Award
Option (right to buy)
[F4][F3]2026-05-11+982,927→ 982,927 totalExercise: $0.51Exp: 2030-10-18→ Class A ordinary share (982,927 underlying) - Disposition to Issuer
Option (right to buy)
[F6][F5]2026-05-11−375,056→ 0 totalExercise: $0.51Exp: 2027-02-14→ Class A ordinary share (375,056 underlying) - Award
Option (right to buy)
[F6][F5]2026-05-11+375,056→ 375,056 totalExercise: $0.51Exp: 2030-10-18→ Class A ordinary share (375,056 underlying) - Disposition to Issuer
Option (right to buy)
[F8][F7]2026-05-11−3,200,000→ 0 totalExercise: $0.51Exp: 2028-02-28→ Class A ordinary share (3,200,000 underlying) - Award
Option (right to buy)
[F8][F7]2026-05-11+3,200,000→ 3,200,000 totalExercise: $0.51Exp: 2030-10-18→ Class A ordinary share (3,200,000 underlying)
- 2,275,000
Option (right to buy)
[F1]Exercise: $0.51Exp: 2036-05-11→ Class A ordinary share (2,275,000 underlying) - 2,450,000
Option (right to buy)
[F2]Exercise: $0.00Exp: 2036-05-11→ Class A ordinary share (2,450,000 underlying)
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.