SEC Form 4 · accession 0001104659-26-089995
PDD Holdings Inc. · PDD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Yong-Boon Yeo
Director
Period of report
Aug 1, 2026
Accepted (ET)
Aug 4, 2026 · 6:03 am EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001737806
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| ADSsF1,F2 | Aug 1, 2026 | M | 1,584 | — | A | 27,212 | D | |
| ADSsF1,F3 | holding | — | — | — | 60,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share Units (RSUs)F2,F4,F1 | — | Aug 1, 2026 | M | 1,045 | D | — | — | ADSs | 1,045 | 0 | D |
| Restricted Share Units (RSUs)F2,F5,F1 | — | Aug 1, 2026 | M | 539 | D | — | — | ADSs | 539 | 540 | D |
| Restricted Share Units (RSUs)F2,F6,F1 | — | Aug 1, 2026 | A | 423 | A | — | — | ADSs | 423 | 423 | D |
Explanation of responses
- F1Each American depositary share ("ADS") of the Issuer represents four (4) Class A ordinary shares.
- F2Each RSU represents the right to receive, at settlement after vesting, one American depositary share ("ADS").
- F3These ADSs are jointly owned with the Reporting Person's spouse.
- F4These RSUs vested on August 1, 2026 and were settled in ADSs on the same date.
- F5539 of these RSUs vested on August 1, 2026 and were settled in ADSs on the same date. 270 of these RSUs are scheduled to vest on each of August 1, 2027 and August 1, 2028, subject in each case to continued service through each vesting date.
- F650% of these RSUs are scheduled to vest on August 1, 2028 and 25% of these RSUs are scheduled to vest on each of August 1, 2029 and August 1, 2030, subject in each case to continued service through each vesting date.