A Form 4 filed on August 18, 2026 with the U.S. Securities and Exchange Commission discloses that Justin Martin Leverenz, a director of H World Group Ltd (NASDAQ:HTHT), acquired 164,050 ordinary shares through the vesting and settlement of restricted share units on August 15, 2026.
Key Highlights
- Transaction date: 164,050 restricted share units vested and settled into ordinary shares on August 15, 2026.
- RSU grant date: The restricted share units were granted on August 5, 2025, according to the filing.
- Exercise price: The derivative security carried a price of $0, as reported in Table II.
- Remaining RSUs: Following the transaction, Leverenz directly holds 492,150 restricted share units, the filing states.
- Direct ordinary share ownership: Leverenz directly holds 164,050 ordinary shares and 201,790 ordinary shares represented by American depositary shares after the reported transaction.
- Indirect ownership: An additional 86,900 ordinary shares represented by American depositary shares are held indirectly through an irrevocable trust, with Nancy Hu as trustee and Johann Spencer Leverenz as beneficiary.
Justin Martin Leverenz RSU Vesting Details at H World Group
According to the filing, Justin Martin Leverenz, identified as a director of H World Group Ltd, reported the vesting of 164,050 restricted share units on August 15, 2026. The transaction code recorded is "M," reflecting the conversion of derivative securities into ordinary shares. The filing notes that each restricted share unit represented the right to receive one ordinary share, and the units settled at a derivative security price of $0.
The filing discloses that the restricted share units were granted on August 5, 2025, and had been previously reported on a Form 3 filed by Leverenz on March 16, 2026. Following the vesting event, the filing reports that Leverenz directly beneficially owns 164,050 ordinary shares and 201,790 ordinary shares represented by American depositary shares. An irrevocable trust, for which Nancy Hu serves as trustee and Johann Spencer Leverenz - identified as Leverenz's son - is the beneficiary, holds an additional 86,900 ordinary shares represented by American depositary shares indirectly.
After the reported transaction, 492,150 restricted share units remain directly held by Leverenz, as stated in Table II of the filing. The Form 4 was signed by Fan You as attorney-in-fact for Justin Martin Leverenz and dated August 18, 2026.
What Was Disclosed
The filing reports the vesting and settlement of 164,050 restricted share units into ordinary shares for H World Group director Justin Martin Leverenz on August 15, 2026, along with the resulting beneficial ownership positions in both direct and indirect form.


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