A Statement of Changes in Beneficial Ownership was filed on August 18, 2026, disclosing that Wang Yan, a director of Weibo Corp, acquired 6,250 American depositary shares through the vesting of restricted shares on August 16, 2026.

Key Highlights

  • Reporting person: Wang Yan, identified as a Director of Weibo Corp
  • Transaction date: August 16, 2026, with the filing signed on August 18, 2026
  • Shares acquired: 6,250 American depositary shares (ADS) at a price of $0, acquired via transaction code M (exercise or conversion)
  • Underlying conversion: 6,250 restricted shares were converted (transaction code C) into 6,250 Class A Ordinary Shares at $0, leaving 0 restricted shares remaining
  • Beneficial ownership following transaction: 31,200 ADS held directly
  • Each ADS represents one Class A ordinary share, according to the filing's explanatory note

Wang Yan's Restricted Share Vesting at Weibo Corp

According to the filing, Wang Yan, a director of Weibo Corp (NASDAQ:WB, with a foreign trading symbol of HKEX: 9898), reported a change in beneficial ownership stemming from the vesting of restricted shares. Weibo Corp is a Chinese social media company whose securities trade both on NASDAQ and the Hong Kong Stock Exchange. The transaction involved the conversion of 6,250 restricted shares into Class A Ordinary Shares, with each American depositary share representing one Class A ordinary share, as stated in the filing's explanatory notes.

The restricted shares carried a conversion or exercise price of $0 and, according to the filing, "do not have an expiration date." The vesting event on August 16, 2026 resulted in 6,250 ADS being acquired at a price of $0, recorded under transaction code M. Following the reported transaction, Wang Yan's direct beneficial ownership stood at 31,200 ADS. The filing was made individually, not as part of a joint or group filing, and Wang Yan's address is listed as Beijing, China.

What Was Disclosed

The filing reported that Weibo Corp director Wang Yan acquired 6,250 ADS through the vesting and conversion of restricted shares on August 16, 2026, at a price of $0, bringing total direct beneficial ownership to 31,200 ADS.