Ye Xiaofeng, Chief Financial Officer of Adlai Nortye Group Ltd. (NASDAQ:ANL), filed a Form 4 on August 26, 2026, disclosing the sale of American Depositary Shares on August 24 and August 26, 2026.

Key Highlights

  • First sale: 6,000 American Depositary Shares disposed of on August 24, 2026, at $13.98 per share.
    • Second sale: 5,667 American Depositary Shares disposed of on August 26, 2026, at a weighted average price of $14.25 per share.
  • Remaining ownership: 147,757 American Depositary Shares held directly following both transactions.
  • Transaction code: Both sales were coded "S" (open-market sale) in the filing.
  • Stated rationale: The filing states the sales "were effected solely to optimize the Reporting Person's tax and liquidity management" following RSU vesting on April 14, 2026.
  • Prior tax handling: According to the filing, tax withholding obligations from the April 14, 2026 RSU vesting were previously satisfied using "out-of-pocket cash rather than through a share withholding or sell-to-cover arrangement."

Adlai Nortye CFO Discloses Two ADS Sales Linked to RSU Vesting

According to the Form 4 filed on August 26, 2026, Ye Xiaofeng, serving as CFO of Adlai Nortye Group Ltd. (NASDAQ:ANL), sold a combined total of 11,667 American Depositary Shares across two separate transactions. The first transaction, dated August 24, 2026, involved the disposal of 6,000 shares at $13.98 each, leaving the reporting person with 153,424 shares directly held. The second transaction, dated August 26, 2026, covered 5,667 shares at a weighted average price of $14.25, reducing the directly held position to 147,757 shares.

The filing includes an explanation of responses stating that the sales relate to RSUs that vested on April 14, 2026. At the time of vesting, the reporting person satisfied tax withholding obligations using personal cash rather than a share withholding or sell-to-cover arrangement. The filing states that "the proceeds from these transactions are intended to rebalance personal cash reserves." Both transactions are reported as direct ownership, with no indirect beneficial ownership reported in Table I.

No derivative securities transactions were reported in Table II of the filing. The form was signed by Xiaofeng Ye and dated August 26, 2026. The filing was made by one reporting person, with an address listed as 2245 Texas Dr, Suite 300, Sugar Land, Texas 77479.

What Was Disclosed

The filing reports two open-market sales of American Depositary Shares by Adlai Nortye's CFO on August 24 and August 26, 2026, totaling 11,667 shares, with a stated purpose of rebalancing personal cash reserves following prior RSU-related tax payments made in cash.