Form 4: Sun Jian David Sells 115,440 Shares of 111, Inc.

Director Sun Jian David reported the sale of 115,440 Class A ordinary shares of 111, Inc. (YI) on June 10, 2026, for $0.22 per share.

Summary

• Sun Jian David, a Director at 111, Inc. (YI), reported a series of transactions involving Class A ordinary shares.
• These transactions include the sale of shares to cover tax withholding obligations related to the vesting of Restricted Stock Units (RSUs).
• Specifically, 29,280 shares were sold on May 26, 2026, at $0.27 per share, and 70,440 shares were sold on May 27, 2026, at $0.25 per share.
• Further sales occurred on June 9, 2026 (12,000 shares at $0.23) and June 10, 2026 (115,440 shares at $0.22).
• Following these transactions, Sun Jian David beneficially owns 698,551 RSUs.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as the reported sales are standard transactions to cover tax obligations upon RSU vesting and do not necessarily indicate a negative outlook on the company's performance.

Negatives

• Director Sun Jian David sold a significant number of shares, totaling 217,160 shares across multiple transactions between May 26, 2026, and June 10, 2026.
• The sales were primarily to satisfy tax withholding obligations, indicating a cost associated with the vesting of RSUs.

Future Outlook

The filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The sales reported by Sun Jian David are typical for covering tax liabilities upon RSU vesting, a common practice in the tech and growth company sectors.

Stakeholder Impact

• Shareholders may note the sale of shares by a director, though the context of tax withholding obligations mitigates immediate concern.
• Employees may observe standard RSU vesting and tax settlement processes.

Key Dates

Keywords

Form 4, SEC Filing, Insider Trading, Stock Sale, 111, Inc., YI, Director, RSU Vesting, Tax Withholding