Meituan (Stock Name: MEITUAN-WR) announced that on 13 April 2026 it granted a total of 79.32 million restricted share units (RSUs) under its Post-IPO Share Award Scheme.
• Allocation – 79.17 million RSUs were granted to employee participants. – 0.14 million RSUs were granted to service providers.
• Pricing and Market Reference – Purchase price: Nil. – Reference market price on grant date: HK$86.45 per Class B share.
• Vesting Schedule – Employees: Overall vesting spans 24–72 months, with the first tranche vesting within 12 months and the total vesting period not less than 12 months. – Service providers: Vesting spans 13–48 months; the first vesting date is at least 12 months after the grant date. – No performance targets are attached; vesting is purely time-based.
• Clawback Provisions Unvested RSUs lapse and vested proceeds may be reclaimed if a grantee is convicted of a criminal offence, breaches grant covenants, or triggers other prescribed events.
• Scheme Capacity After Grant – Shares remaining under the overall scheme limit: 355.96 million. – Shares remaining under the service-provider sub-limit: 62.10 million.
The Board stated that the grant aligns grantees’ interests with long-term shareholder value and supports retention of key talent and service providers.
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