Luo Cheng sold RAASY
October 28, 2026 · Form 4 insider transaction
Luo Cheng sold 450,000 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
450,000
Price
N/A
Total value
N/A
InsiderLuo Cheng
Role—
CompanyRAASY
SecurityRestricted Share Units
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, each of these RSUs that was vested as of April 30, 2026 was canceled and converted into the right to receive an amount in cash equal to US$0.4940 per RSU, subject to the terms and conditions of the Merger Agreement.; Each of these restricted stock units of the Issuer ("RSU") represented a contingent right to receive one share of Class A Ordinary Share. On April 1, 2024, Mr. Luo Cheng was granted 1,500,000 RSUs. The RSUs have all vested.