SCHEDULE: UP Fintech Insider Ownership Update
Beneficial Ownership Update
Tianhua Wu and affiliated entities update their significant beneficial ownership in UP Fintech Holding Limited, maintaining substantial control.
Summary
- Tianhua Wu, the founder, beneficially owns 521,733,427 shares, representing 18.3% of the total outstanding Class A and Class B ordinary shares.
- His beneficial ownership includes 97,611,722 Class B Ordinary Shares, 198,000,000 Class A Ordinary Shares in the form of ADSs directly and indirectly held, 198,957,270 Class A Ordinary Shares (ADSs) from incentive plans with voting rights irrevocably entrusted to him, and 27,164,435 Class A Ordinary Shares held by Kastle Limited for plan participants with voting rights also entrusted to him.
- Sky Fintech Holding Limited, Sky Tiger Investment Holding Limited, Lightspeed Rise Holdings Limited, and Tiger Family Trust each beneficially own 295,611,722 shares, representing 10.4% of the class.
- These entities are interconnected: Sky Fintech is wholly-owned by Sky Tiger, which is indirectly wholly-owned by Lightspeed Rise, which is controlled by Tiger Family Trust. Mr. Tianhua Wu is the settlor and a beneficiary of Tiger Family Trust.
- Tiger ESOP Trust beneficially owns 41,573,460 shares, representing 1.5% of the class.
- Tiger ESOP Trust II beneficially owns 50 shares, representing 0.0% of the class.
- The filing is an Amendment No. 6 to a Schedule 13G, updating previously reported beneficial ownership information.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine regulatory filing updating beneficial ownership information. It does not contain new financial or operational data to significantly alter sentiment.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that Schedule 13G filings are routine disclosures for significant passive investors, and this amendment updates the beneficial ownership percentages for key insiders and affiliated trusts of UP Fintech Holding Limited. Such filings are standard practice for publicly traded companies with concentrated ownership structures.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Ownership Structure Disclosure | Disclosure of a complex ownership structure involving Class A and Class B ordinary shares, American Depositary Shares (ADSs), and shares from employee incentive plans with voting rights irrevocably and unconditionally entrusted to Mr. Tianhua Wu, indicating significant control by the founder. | 12/31/2025 | Reinforces the founder's control over the company through direct holdings and entrusted voting rights from employee incentive plans, which is a common governance structure for founder-led companies, particularly in Asia. This structure centralizes voting power with the founder. |
Stakeholder Impact
- Shareholders: Provides transparency regarding the significant ownership and control held by the founder and affiliated entities, which can influence voting outcomes and strategic decisions.
Key Dates
| Date | Description |
|---|---|
| 12/31/2025 | Date of event requiring the filing of this statement. |
| 02/13/2026 | Date of filing of this Schedule 13G Amendment No. 6. |
Keywords
UP Fintech Holding Limited, TIGR, Schedule 13G, Beneficial Ownership, Tianhua Wu, Insider Ownership, Class A Ordinary Shares, American Depositary Shares, Corporate Governance
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