Kingsoft Cloud Holdings Ltd (ASX: KC) has announced the grant of a total of approximately 16.22 million restricted share units.

The awards were made on July 17, 2026, according to the terms of the company's 2026 share incentive plan.

The units were granted to certain employee participants, subject to acceptance.

These units represent roughly 16.22 million underlying shares, which equates to about 0.36% of the company's total issued share capital as of the date of the announcement.