Wu Jun (NYSE: BEKE) logs RSU vesting, new award and tax withholding

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

KE Holdings Inc. director Wu Jun reported routine equity compensation activity involving American Depositary Shares (ADSs) and Restricted Share Units (RSUs). RSUs corresponding to 3,874 ADSs, representing 11,622 Class A ordinary shares, vested on March 26, 2026 and were converted into 3,874 ADSs.

To cover tax obligations, 767 ADSs were disposed of at a weighted average price of $15.3702 per ADS, leaving Wu Jun with 14,153 ADSs held directly after these transactions. On the same date, Wu Jun also received a new grant of RSUs corresponding to 4,353 ADSs, representing 13,059 Class A ordinary shares, which are scheduled to vest on March 26, 2027.

Insider Trade Summary

3,874 shares exercised/converted

Mixed 4 txns

Insider Wu Jun

Role Director

Type	Security	Shares	Price	Value
Tax Withholding	American Depositary Shares	767	$15.3702	$12K
Exercise	Restricted Share Units	3,874	$0.00	--
Grant/Award	Restricted Share Units	4,353	$0.00	--
Exercise	American Depositary Shares	3,874	$0.00	--

Holdings After Transaction: American Depositary Shares — 14,153 shares (Direct); Restricted Share Units — 0 shares (Direct)

Footnotes (1)

Each American Depositary Share (ADS) represents three Class A ordinary shares of the issuer. Acquired upon vesting of Restricted Share Units. The price reported above reflects the weighted average price. Restricted Share Units corresponding to 3,874 ADSs (representing 11,622 Class A ordinary shares) vested on March 26, 2026. These Restricted Share Units evidence the contingent right to receive 4,353 ADSs upon vesting. Restricted Share Units corresponding to 4,353 ADSs (representing 13,059 Class A ordinary shares) that were granted on March 26, 2026 and will vest on March 26, 2027.

Form 4 Insider Transactions: What Each Field Means →

03/30/2026 - 06:21 AM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wu Jun

(Last)

(First)

(Middle)

NO. 88-1, LONGHU YANLANSHAN

SHUNYI DISTRICT

(Street)

BEIJING

CHINA

101318

(City)

(State)

(Zip)

CHINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
KE Holdings Inc. [ BEKE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol
[SEHK: 2423]

3. Date of Earliest Transaction (Month/Day/Year)
03/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
American Depositary Shares⁽¹⁾	03/26/2026		M		3,874	A	$0⁽²⁾	14,920	D
American Depositary Shares⁽¹⁾	03/27/2026		F		767	D	$15.3702⁽³⁾	14,153	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Share Units	⁽²⁾	03/26/2026		M			3,874	⁽⁴⁾	⁽⁴⁾	American Depositary Shares	3,874	$0	0	D
Restricted Share Units	⁽⁵⁾	03/26/2026		A		4,353		⁽⁶⁾	⁽⁶⁾	American Depositary Shares	4,353	$0	4,353	D

Explanation of Responses:

1. Each American Depositary Share (ADS) represents three Class A ordinary shares of the issuer.

2. Acquired upon vesting of Restricted Share Units.

3. The price reported above reflects the weighted average price.

4. Restricted Share Units corresponding to 3,874 ADSs (representing 11,622 Class A ordinary shares) vested on March 26, 2026.

5. These Restricted Share Units evidence the contingent right to receive 4,353 ADSs upon vesting.

6. Restricted Share Units corresponding to 4,353 ADSs (representing 13,059 Class A ordinary shares) that were granted on March 26, 2026 and will vest on March 26, 2027.

	/s/WU Jun	03/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Wu Jun report in KE Holdings (BEKE) Form 4?

Wu Jun reported RSU vesting into 3,874 ADSs, a tax-withholding disposition of 767 ADSs, and a new grant of 4,353 RSU-linked ADSs. These transactions reflect routine equity compensation and related tax settlement rather than open-market buying or selling activity.

How many KE Holdings (BEKE) ADSs does Wu Jun hold after these transactions?

After the reported transactions, Wu Jun directly holds 14,153 American Depositary Shares. This figure reflects the RSUs that vested and converted into ADSs, net of 767 ADSs disposed of to satisfy tax obligations at a weighted average price of $15.3702 per ADS.

What RSU vesting did Wu Jun report for KE Holdings (BEKE)?

RSUs corresponding to 3,874 KE Holdings ADSs vested on March 26, 2026. According to the filing, each ADS represents three Class A ordinary shares, so this vesting equals 11,622 ordinary shares and was recorded as a derivative exercise and related acquisition of non-derivative ADSs.

What new RSU award did Wu Jun receive from KE Holdings (BEKE)?

Wu Jun received a grant of RSUs corresponding to 4,353 ADSs on March 26, 2026. Footnotes state these RSUs represent 13,059 Class A ordinary shares and will vest on March 26, 2027, evidencing a contingent right to receive ADSs upon vesting.

Was Wu Jun’s KE Holdings (BEKE) Form 4 a market sale of shares?

The filing shows a tax-withholding disposition of 767 ADSs at a weighted average price of $15.3702, not an open-market sale decision. This disposition covered tax liabilities arising from RSU vesting, which is typically a mechanical step rather than discretionary trading activity.