Director Chen David Lifeng filed a Form 4 with the SEC on November 3, 2026, disclosing the vesting of 83,538 restricted share units in VNET Group, Inc. (NASDAQ:VNET) on October 31, 2026.

Key Highlights

  • RSU Vesting: 83,538 restricted share units vested on October 31, 2026, converting to the same number of Class A ordinary shares held in ADS form.
  • Transaction Code M: The filing recorded the vesting under transaction code M, with an acquisition price of $0 for the derivative securities.
  • Post-Transaction Ownership: Following the vesting, Chen David Lifeng directly held 584,790 Class A ordinary shares.
  • Remaining RSUs: 334,170 RSUs remain outstanding, with vesting scheduled across January 31, April 30, July 31, and October 31, 2027.
  • ADS Structure: Each American depositary share represents six Class A ordinary shares, according to the filing.

Chen David Lifeng's October 2026 RSU Vesting at VNET Group

According to the filing, Chen David Lifeng, identified as a Director of VNET Group, Inc. (NASDAQ:VNET), reported a vesting event on October 31, 2026. A total of 83,538 restricted share units converted into 83,538 Class A ordinary shares, which are held in the form of American depositary shares. The filing notes that each ADS represents six Class A ordinary shares. The transaction was recorded under code M, reflecting an acquisition upon vesting rather than an open-market purchase.

The filing discloses that following the reported transaction, Chen David Lifeng directly holds 584,790 Class A ordinary shares. In Table II, covering derivative securities, the filing states that 334,170 RSUs remain in Chen David Lifeng's account. Of those, 83,544 RSUs are scheduled to vest on each of January 31, 2027, April 30, 2027, and October 31, 2027, respectively, and 83,538 RSUs are scheduled to vest on July 31, 2027, all pursuant to the issuer's share incentive plans.

The filing further notes that each RSU represents the contingent right to receive one Class A ordinary share upon vesting and that the remaining RSUs do not carry an expiration date. The derivative security price is listed as $0, consistent with the nature of an RSU grant under a share incentive plan. The form was signed by Chen David Lifeng and filed on November 3, 2026.

What Was Disclosed

The filing discloses the October 31, 2026 vesting of 83,538 RSUs held by Director Chen David Lifeng of VNET Group, Inc., resulting in direct ownership of 584,790 Class A ordinary shares and 334,170 RSUs remaining to vest through October 2027.