Weibo (NASDAQ: WB) SVP Cao Zenghui details options and 101,705 ADS
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
WEIBO Corp senior vice president Cao Zenghui has filed an initial Form 3 reporting his equity holdings in the company. The filing lists multiple stock option awards over Class A ordinary shares, including rights to buy 12,500 shares at 21.1500 per share expiring on 2029-03-17, and several additional tranches at exercise prices of 32.6800, 3.8700 and 2.9300 with expirations through 2032-11-01. He also reports direct ownership of 101,705 American depositary shares, and a footnote states that each American depositary share represents one Class A ordinary share.
Positive
- None.
Negative
- None.
Insider Trade Summary
29 transactions reported
Mixed
29 txns
Insider
Cao Zenghui
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | ADS | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 12,500 shares (Direct);
ADS — 101,705 shares (Direct)
Footnotes (1)
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FAQ
What does Cao Zenghui’s Form 3 filing for WEIBO Corp (WB) show?
The Form 3 shows Cao Zenghui’s existing equity holdings in WEIBO Corp, including several stock option awards and 101,705 American depositary shares. It establishes his baseline ownership as a senior vice president and does not report any new purchases or sales.
What stock options are reported in Cao Zenghui’s WEIBO (WB) Form 3?
The filing lists multiple stock option grants over Class A ordinary shares, with exercise prices of 21.1500, 32.6800, 3.8700, and 2.9300 per share. These options have staggered vesting and expiration dates extending as far as 2032-11-01.
Are there any buy or sell transactions in this WEIBO (WB) Form 3?
No buy or sell transactions are reported. All entries are categorized as holdings, and the transaction summary shows zero buys, zero sells and 29 holding entries. The Form 3 serves as an initial statement of beneficial ownership rather than a record of trades.
What does the ADS footnote in the WEIBO (WB) Form 3 mean?
The footnote states that each American depositary share represents one Class A ordinary share. This clarifies that Cao Zenghui’s 101,705 ADS correspond to the same number of underlying Class A ordinary shares, simplifying comparison with other ownership figures in ordinary-share terms.