Xiong Xiegang sold RAASY
October 28, 2026 · Form 4 insider transaction
Xiong Xiegang sold 300,000 shares of RAASY, a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 1 day after the transaction.
Direction
Disposed (sell-side)
Shares
300,000
Price
N/A
Total value
N/A
InsiderXiong Xiegang
Role—
CompanyRAASY
SecurityOptions
Transaction codeD: Disposition to the issuer
Transaction dateOctober 28, 2026
Filing dateOctober 29, 2026
Shares owned after0
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Pursuant to the Merger Agreement, at the Effective Time, these options that was outstanding as of April 30, 2026 were fully vested and free of restrictions and were canceled and converted into the right to receive an aggregate amount in cash equal to US$34,200.; Each of these options of the Issuer represented a contingent right to purchase one Class A Ordinary Share. On January 29, 2024, Mr. Xiong Xiegang was granted 1,000,000 options. The options have all vested.