Dingdong (Cayman) Ltd (NYSE: DDL) CEO details ADS and option stakes

Rhea-AI Filing Summary

Dingdong (Cayman) Ltd director and Chief Executive Officer Wang Song filed an initial ownership report showing existing equity interests in the company. The filing lists several options to buy American depositary shares (ADSs) with a stated exercise price of $0.0000 per ADS, covering grants including 262,500, 232,500, 75,000, 13,999, and 27,000 ADSs with expiration dates between 2033 and 2035. It also reports direct ownership of 198,667 American depositary shares. A footnote explains that two ADSs represent three Class A ordinary shares.

Insider Trade Summary

6 transactions reported

Mixed 6 txns

Insider WANG SONG

Role Chief Executive Officer

Type	Security	Shares	Price	Value
holding	Option to Buy	--	--	--
holding	Option to Buy	--	--	--
holding	Option to Buy	--	--	--
holding	Option to Buy	--	--	--
holding	Option to Buy	--	--	--
holding	American depositary shares	--	--	--

Holdings After Transaction: Option to Buy — 262,500 shares (Direct); American depositary shares — 198,667 shares (Direct)

Footnotes (1)

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Understanding Insider Trading Forms →

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

WANG SONG

(Last) (First) (Middle)

BUILDING 1, NO. 39 REN'AN ROAD

PUDONG NEW AREA

(Street)

SHANGHAI 200120

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Dingdong (Cayman) Ltd [ DDL ]

3a. Foreign Trading Symbol

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

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

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

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
American depositary shares(1)	198,667	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option to Buy	06/30/2026	06/30/2035	American depositary shares(1)	262,500	$0	D
Option to Buy	06/30/2025	06/30/2034	American depositary shares(1)	232,500	$0	D
Option to Buy	12/31/2024	07/01/2033	American depositary shares(1)	75,000	$0	D
Option to Buy	07/01/2024	07/01/2033	American depositary shares(1)	13,999	$0	D
Option to Buy	04/30/2024	04/30/2033	American depositary shares(1)	27,000	$0	D

Explanation of Responses:

1. Each American depositary shares (two American depositary shares representing three Class A ordinary share, par value US$0.000002 per share)

	/s/ Wang Song	03/18/2026
	** 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 5 (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 3: SEC 1473 (03-26)

FAQ

What does Dingdong (DDL) CEO Wang Song report in this Form 3?

The filing reports Wang Song’s existing holdings in Dingdong, including multiple options to buy American depositary shares with a stated exercise price of $0.0000 and direct ownership of 198,667 ADSs, establishing his current equity position as an insider.

How many Dingdong (DDL) American depositary shares does the CEO directly own?

The Form 3 shows Wang Song directly holds 198,667 American depositary shares. These ADSs represent his current direct equity stake, separate from his option awards, and provide baseline context for his personal ownership in Dingdong (Cayman) Ltd.

What stock options are reported for Dingdong (DDL) CEO Wang Song?

The filing lists several options to buy ADSs with an exercise price of $0.0000 per ADS, including grants over 262,500, 232,500, 75,000, 13,999, and 27,000 ADSs, each with long-dated expiration years from 2033 to 2035.

When do Dingdong (DDL) CEO Wang Song’s options expire?

The reported options have expiration dates ranging from April 30, 2033 to June 30, 2035. These long-dated expirations indicate the potential duration of Wang Song’s option-based exposure to Dingdong’s American depositary shares over the coming years.

What is the ADS-to-ordinary-share ratio for Dingdong (DDL) in this filing?

A footnote explains that two American depositary shares represent three Class A ordinary shares. This ratio links the ADSs traded in international markets to Dingdong’s underlying Class A ordinary shares for understanding the economic interest each ADS represents.

Does the Dingdong (DDL) Form 3 show any recent insider buying or selling?

The Form 3 functions as an initial ownership statement and lists holdings rather than new trades. The transactions are coded as holdings with unknown direction, so it does not specifically report fresh open-market purchases or sales by Wang Song in this disclosure.