Kingsoft Cloud Grants 1.5M RSUs to Employees
Ticker: KCLHF · Form: 6-K · Filed: Jan 24, 2025 · CIK: 1795589
| Field | Detail |
|---|---|
| Company | Kingsoft Cloud Holdings LTD (KCLHF) |
| Form Type | 6-K |
| Filed Date | Jan 24, 2025 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: equity-incentive, employee-compensation, rsus
TL;DR
Kingsoft Cloud just dropped 1.5M RSUs on employees, vesting over 3 years. Retention play.
AI Summary
Kingsoft Cloud Holdings Limited announced on January 24, 2025, the grant of 1,500,000 restricted share units (RSUs) to certain employees under its 2021 Share Incentive Plan. These RSUs vest over a period of three years, with one-third vesting on each anniversary of the grant date, subject to continued employment.
Why It Matters
This grant of restricted share units indicates the company's commitment to retaining and incentivizing its employees, which can positively impact future performance and operational stability.
Risk Assessment
Risk Level: low — The filing is a routine announcement regarding employee stock grants, which typically carries low risk.
Key Numbers
- 1,500,000 — Restricted Share Units (Granted to employees as an incentive)
Key Players & Entities
- Kingsoft Cloud Holdings Limited (company) — Registrant
- 1,500,000 (dollar_amount) — Number of Restricted Share Units granted
- 2021 Share Incentive Plan (company) — Plan under which RSUs were granted
- January 24, 2025 (date) — Grant date of RSUs
FAQ
What is the total number of restricted share units granted?
The company granted a total of 1,500,000 restricted share units.
Under which plan were the restricted share units granted?
The restricted share units were granted pursuant to the 2021 Share Incentive Plan.
What is the vesting schedule for these restricted share units?
The RSUs vest over a period of three years, with one-third vesting on each anniversary of the grant date, subject to continued employment.
What is the grant date for these restricted share units?
The grant date for these restricted share units was January 24, 2025.
What is the primary purpose of this 6-K filing?
This 6-K filing is to announce the grant of restricted share units to employees, as required by regulatory disclosure rules.
Filing Stats: 184 words · 1 min read · ~1 pages · Grade level 13.2 · Accepted 2025-01-24 16:01:01
Filing Documents
- tm254377d1_6k.htm (6-K) — 11KB
- tm254377d1_ex99-1.htm (EX-99.1) — 40KB
- tm254377d1_ex99-1img001.jpg (GRAPHIC) — 3KB
- 0001104659-25-005975.txt ( ) — 56KB
From the Filing
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month ofJanuary 2025 Commission file number: 001-39278 Kingsoft Cloud Holdings Limited (Exact Name of Registrant as Specified in Its Charter) Building D, Xiaomi Science and Technology Park, No. 33 Xierqi Middle Road, Haidian District Beijing, 100085, the People’s Republic of China (Address of Principal Executive Offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F Form 40-F EXHIBIT INDEX Exhibit No. Description 99.1 Announcement on The Stock Exchange of Hong Kong Limited Regarding Grant of Restricted Share Units Pursuant to the 2021 Share Incentive Plan, dated January 24, 2025 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Kingsoft Cloud Holdings Limited Date: January 24, 2025 By: /s/ Haijian He Name: Haijian He Title: Chief Financial Officer and Director