STOCK TITAN

Tuya (NYSE: TUYA) director discloses ADS, RSU and option holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3/A

Rhea-AI Filing Summary

Tuya Inc. director Zhang Yan (Claire) reports her equity holdings in an amended Form 3. She directly holds 25,000 Class A ordinary shares and 79,483 American Depositary Shares (ADSs), where each ADS represents one Class A share. Her ADS position includes 60,733 ADSs currently beneficially owned plus restricted stock units that may vest between 2026 and 2027. She also holds fully vested stock options exercisable for 15,000 and 25,800 Class A shares, respectively, at an exercise price of $0.00005 per share, with expirations in 2031 and 2032.

Positive

  • None.

Negative

  • None.
Insider Zhang Yan (Claire)
Role null
Type Security Shares Price Value
holding Options -- -- --
holding Options -- -- --
holding American Depositary Shares -- -- --
holding Class A ordinary shares -- -- --
Holdings After Transaction: Options — 25,800 shares (Direct, null); American Depositary Shares — 79,483 shares (Direct, null); Class A ordinary shares — 25,000 shares (Direct, null)
Footnotes (1)
  1. Each American Depositary Share ("ADS") represents one (1) Class A ordinary share, with a par value of US$0.00005 per share, of Tuya Inc. (the "Issuer"). The amount of ADSs include (i) 60,733 ADSs beneficially owned, (ii) 12,500 restricted stock units granted to the reporting person on June 27, 2023 and will vest in equal annual installments on June 27, 2026 and June 27, 2027, and (iii) 6,250 restricted stock units granted to the reporting person on December 14, 2022 and will vest on December 26, 2026. These restricted stock units represent a contingent right to receive one ADS following vesting. Each option is exercisable for one ADS or one Class A ordinary share. This Stock Option is fully vested. This Stock Option is fully vested. The exercise price for these options is US$0.00005 per Class A ordinary share.
Class A ordinary shares held 25,000 shares Direct holdings reported by director Zhang Yan
American Depositary Shares held 79,483 ADSs Total ADS position including RSUs
Beneficially owned ADSs 60,733 ADSs Portion of ADS total currently beneficially owned
Restricted stock units grant 2023 12,500 RSUs Vest in equal installments on June 27, 2026 and June 27, 2027
Restricted stock units grant 2022 6,250 RSUs Vest on December 26, 2026
Options (first grant) underlying shares 15,000 shares Options exercisable for Class A shares or ADSs, fully vested
Options (second grant) underlying shares 25,800 shares Options exercisable for Class A shares or ADSs, fully vested
Option exercise price $0.00005 per share Exercise price for options over Class A ordinary shares
American Depositary Share financial
"Each American Depositary Share ("ADS") represents one (1) Class A ordinary share"
An American Depositary Share (ADS) is a U.S.-listed certificate that represents a specified number of shares in a foreign company, held by a custodian bank; it works like a receipt that allows U.S. investors to buy and trade foreign equity on American exchanges without dealing with another country’s markets. Investors care because ADSs make foreign stocks easier to access, improve liquidity and settlement in dollars, and can affect dividend payments, voting rights and regulatory oversight compared with buying the underlying foreign shares directly.
restricted stock units financial
"restricted stock units granted to the reporting person on June 27, 2023 and will vest"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
beneficially owned financial
"The amount of ADSs include (i) 60,733 ADSs beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
exercise price financial
"The exercise price for these options is US$0.00005 per Class A ordinary share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
fully vested financial
"This Stock Option is fully vested."
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SEC Form 3
FORM 3UNITED 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*
Zhang Yan (Claire)

(Last)(First)(Middle)
HUACE CENTER, BUILDING A,
10/F, XIHU DISTRICT

(Street)
HANGZHOUCHINA310000

(City)(State)(Zip)

CHINA

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026
3. Issuer Name and Ticker or Trading Symbol
Tuya Inc. [ TUYA ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
03/18/2026
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)(2)79,483(1)(2)D
Class A ordinary shares25,000D
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 ExercisableExpiration DateTitleAmount or Number of Shares
Options(3)01/25/2025(4)02/21/2031(4)Class A ordinary shares25,800(6)D
Options(3)01/01/2025(5)05/06/2032(5)Class A ordinary shares15,000(6)D
Explanation of Responses:
1. Each American Depositary Share ("ADS") represents one (1) Class A ordinary share, with a par value of US$0.00005 per share, of Tuya Inc. (the "Issuer").
2. The amount of ADSs include (i) 60,733 ADSs beneficially owned, (ii) 12,500 restricted stock units granted to the reporting person on June 27, 2023 and will vest in equal annual installments on June 27, 2026 and June 27, 2027, and (iii) 6,250 restricted stock units granted to the reporting person on December 14, 2022 and will vest on December 26, 2026. These restricted stock units represent a contingent right to receive one ADS following vesting.
3. Each option is exercisable for one ADS or one Class A ordinary share.
4. This Stock Option is fully vested.
5. This Stock Option is fully vested.
6. The exercise price for these options is US$0.00005 per Class A ordinary share.
Remarks:
This Amendment No.1 to Form 3, or Form 3/A, is being filed to correct the type and amount of securities beneficially owned reported in Table I of the original Form 3 filed on March 18, 2026. The correct type and amount of securities beneficially owned include (i) 79,483 ADSs and (ii) 25,000 Class A ordinary shares, not 104,486 ADSs. All other information remains unchanged.
/s/ Chunyan Yu, Attorney-in-Fact for Zhang Yan (Claire)05/15/2026
** Signature of Reporting PersonDate
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 equity holdings does Tuya (TUYA) director Zhang Yan report in this Form 3/A?

She reports 25,000 Class A ordinary shares, 79,483 ADSs, and options over 40,800 Class A shares. The ADS total combines currently owned ADSs and restricted stock units that may convert into ADSs after vesting.

How many American Depositary Shares does Tuya (TUYA) director Zhang Yan hold?

She reports 79,483 American Depositary Shares. This amount includes 60,733 ADSs beneficially owned today plus restricted stock units that can settle into ADSs as they vest on specified dates in 2026 and 2027.

What stock options does Tuya (TUYA) director Zhang Yan hold according to the filing?

She holds fully vested options over 15,000 and 25,800 Class A ordinary shares. Each option is exercisable for one ADS or one Class A share at an exercise price of $0.00005 per share, expiring in 2031 and 2032.

What is the ADS-to-share ratio for Tuya (TUYA) reported in this Form 3/A?

Each American Depositary Share represents one Class A ordinary share of Tuya Inc. This one-to-one ratio means the number of ADSs and the number of underlying Class A ordinary shares are equal for conversion and reporting purposes.

How are restricted stock units treated in Tuya (TUYA) director Zhang Yan’s holdings?

Her ADS total includes 12,500 RSUs granted in 2023 and 6,250 RSUs granted in 2022. These restricted stock units give a contingent right to receive one ADS each after they vest on specified dates in 2026 and 2027.