- Tuya approved grants of 100,000 restricted share units (RSUs) under its 2024 share scheme to four group employees, with a nil purchase price.
- The market price referenced for the underlying Class A ordinary shares was HKD 18.79 per share, and the market price referenced for ADSs was USD 2.36 per ADS.
- The RSUs have a total vesting period of 24 months or 48 months, with all RSUs vesting after 12 months from the date of the respective grants.
- The RSU vesting is not subject to performance targets, and the awards are subject to the company’s clawback or recoupment arrangements.
- After the grants, 56.98 million Class A ordinary shares remain available for future grants under the scheme limit.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tuya Inc. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260327-12073351), on March 27, 2026, and is solely responsible for the information contained therein.