Zhu Jingxi 4

What Happened

• Zhu Jingxi, President of ZTO Express (Cayman) Inc. (ZTO), acquired a total of 15,409 Class A ordinary shares on March 23, 2026. The shares resulted from restricted share unit awards that vested and were converted to shares (reported as award (A) and exercise/conversion (M) transactions) at $0.00 per share (total reported cost $0).

Key Details

• Transaction date: March 23, 2026; Form 4 filed March 24, 2026 (timely filing).
• Reported entries: awards (A) and exercises/conversions (M) for 15,172 shares and 237 shares (total 15,409).
• Price per share: $0.00 as reported (these were vested RSUs converted to shares, not an open-market purchase).
• Security: Class A ordinary shares (each unit equals one Class A share; footnote F1).
• Footnote F2: The restricted share units were granted on March 23, 2026 and vested in full the same date.
• Shares owned after the transaction: not specified in this filing.

Context

• These transactions reflect RSU awards that vested and were converted into shares, not a cash purchase or sale. Such awards are typically part of compensation and do not by themselves indicate the insider’s market view. No sale or withholding details were reported on this Form 4.