Negligible dilution and routine compensation event — no trading signal. Monitor the 20-F for FY2026 to track any material changes in share count or incentive plan usage.
Price Chart
Executive Summary
Noah Holdings granted 5,000 RSUs (50,000 shares / 10,000 ADSs, ~0.015% of outstanding) to a single employee participant under the 2022 Share Incentive Plan. This is a routine equity incentive grant tied to the company's globalization strategy, involving negligible dilution and no material change to operations.
Key Facts
- Granted 5,000 RSUs representing 50,000 shares (10,000 ADSs) on June 29, 2026.
- Represents approximately 0.015% of issued and outstanding shares.
- Vesting over 4 years in equal 25% annual installments, subject to performance targets and continued employment.
- Grantee is an employee participant (not a director, CEO, or substantial shareholder).
- Purchase price of RSUs is nil; closing ADS price on grant date was $10.06.
- 15,613,260 underlying shares remain available for future grants under the Scheme Mandate Limit.
Financial Impact
Dilution of ~0.015% of outstanding shares, valued at approximately $100,600 based on grant date ADS price of $10.06.
Risk Factors
- Potential for future dilution if the Scheme Mandate Limit is fully utilized (30M shares total).
- No material risk to current shareholders from this specific grant.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001104659-26-080023 |
| Document: tm2619525d1_6k.htm | 0001104659-26-080023 |
| Document: 0001104659-26-080023-index-headers.html | 0001104659-26-080023 |
| Document: 0001104659-26-080023-index.html | 0001104659-26-080023 |
| Document: 0001104659-26-080023.txt | 0001104659-26-080023 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 8, 2026 18d ago | 6-K | $7.62 | awaiting T+60 | — | $6.89 (−9.58%) |
Sep 15, 2026 5w ago | 6-K | $8.14 | awaiting T+60 | — | $6.89 (−15.36%) |
Sep 4, 2026 7w ago | 6-K | $8.43 | awaiting T+60 | — | $6.89 (−18.27%) |
Aug 26, 2026 8w ago | 6-K | $8.71 | awaiting T+60 | — | $6.89 (−20.90%) |
Aug 25, 2026 8w ago | 6-K | $8.71 | awaiting T+60 | — | $6.89 (−20.90%) |
Aug 17, 2026 10w ago | 6-K | $8.54 | awaiting T+60 | — | $6.89 (−19.32%) |
Aug 14, 2026 10w ago | 6-K | $8.63 | awaiting T+60 | — | $6.89 (−20.16%) |
Jul 10, 2026 15w ago | 6-K | $8.88 $7.70 | ▼ −13.29% | ▼ −15.92% | $6.89 (−22.41%) |
Jul 9, 2026 15w ago | 6-K | $8.90 $7.79 | ▼ −12.47% | ▼ −14.86% | $6.89 (−22.58%) |
Jul 2, 2026 16w ago | 6-K | $10.03 $7.96 | ▼ −20.64% | ▼ −23.43% | $6.89 (−31.31%) |
US Market Status
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