SEC Form 4 · accession 0001104659-26-079077
NOAH HOLDINGS LTD · NOAH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jingbo (Norah) Wang
Director · 10% Owner
Period of report
Jun 29, 2026
Accepted (ET)
Jun 30, 2026 · 6:53 am EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001499543
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| ORDINARY SHARESF1,F2 | Jun 29, 2026 | M | 765 | — | A | 68,736,755 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RESTRICTED STOCK UNITF2,F1,F3 | — | Jun 29, 2026 | M | 77 | D | — | — | ORDINARY SHARES | 765 | 0 | I |
Explanation of responses
- F1Restricted stock units ("RSUs") convert into ordinary shares on the basis of ten ordinary shares per unit.
- F2By Jing Investors Co., Ltd., a British Virgin Islands company wholly owned by Magic Beams Enterprises Ltd., a British Virgin Islands company, which is in turn wholly owned by Ark Trust (Singapore) Ltd. as trustee of Norah Family Trust, with Ms. Jingbo Wang as settlor and Ms. Jingbo Wang and her family members as beneficiaries. Ms. Wang is the sole director of Jing Investors Co., Ltd. and as such has power to vote and dispose of the ordinary shares of the Issuer held by Jing Investors Co., Ltd.
- F3Represents an award of 13,234 RSUs, each representing the right to receive 10 ordinary shares. 11,012 RSUs vested on December 29, 2023. The remaining 2,222 RSUs vest in equal monthly installments of 74 RSUs at the end of each month, commencing January 29, 2024. The award will be fully vested on June 29, 2026. This Form 4 reports the final monthly vesting installment, upon which the award became fully vested. Monthly installments are subject to rounding; accordingly, the number of RSUs vesting in this final installment differs slightly from the unvested balance reported on the prior Form 4. Following this transaction, no RSUs under this award remain outstanding.