Director Wu Wei details equity holdings in LexinFintech (LX)
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
LexinFintech Holdings Ltd. director Wu Wei reports an initial ownership position consisting of ordinary shares and equity awards. Wu Wei directly holds 15,000 Class A ordinary shares, which are held in the form of American depositary shares, each representing two Class A ordinary shares.
In addition, Wu Wei holds 60,000 Restricted Share Units (RSUs) granted on March 18, 2026. These RSUs will vest in equal installments on December 20, 2026, 2027, 2028 and 2029, and each RSU represents a contingent right to receive one Class A ordinary share.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
WU Wei
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Share Units | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 60,000 shares (Direct, null);
Class A ordinary shares — 15,000 shares (Direct, null)
Footnotes (1)
- Acquired upon vesting of restricted shares units and held in the form of American depositary shares, each representing two Class A ordinary shares. These restricted share units were granted on March 18, 2026 and will vest in equal installmentson December 20, 2026, 2027, 2028 and 2029. They do not have an expiration date. Each restricted share unit represents contingent rights to receive one Class A ordinary share.
Key Figures
Direct Class A shares: 15,000 shares
Restricted Share Units: 60,000 RSUs
RSU vesting dates: Dec 20, 2026-2029
+2 more
5 metrics
Direct Class A shares
15,000 shares
Class A ordinary shares held directly as ADS
Restricted Share Units
60,000 RSUs
Equity awards granted on March 18, 2026
RSU vesting dates
Dec 20, 2026-2029
RSUs vest in four equal annual installments
RSU share ratio
1 RSU : 1 share
Each RSU represents one Class A ordinary share
ADS share ratio
1 ADS : 2 shares
Each ADS represents two Class A ordinary shares
Key Terms
Restricted Share Units, American depositary shares, Class A ordinary shares
3 terms
FAQ
When do Wu Wei’s LexinFintech (LX) RSUs vest?
The 60,000 RSUs granted to Wu Wei vest in four equal installments. Vesting occurs on December 20 of each year in 2026, 2027, 2028 and 2029, spreading the equity compensation over a multi-year service period for retention alignment.
What is the grant date of Wu Wei’s RSUs in LexinFintech (LX)?
Wu Wei’s 60,000 Restricted Share Units were granted on March 18, 2026. This grant date marks the start of the award’s vesting schedule, with the RSUs converting into Class A ordinary shares only as they vest over the specified future dates.
How are Wu Wei’s LexinFintech (LX) RSUs settled upon vesting?
Each of Wu Wei’s RSUs represents a contingent right to receive one Class A ordinary share upon vesting. As vesting dates are reached, the RSUs convert into LexinFintech Class A shares, rather than paying cash, aligning compensation with the company’s equity performance.