KE Holdings Inc. Announces Grant of Restricted Share Units

TL;DR

KE Holdings just dropped RSUs, watch for potential dilution but good for employee retention.

AI Summary

KE Holdings Inc. (Ke Holdings) filed a Form 6-K on July 2, 2025, to announce the grant of Restricted Share Units (RSUs) under its equity incentive plan. The filing includes an announcement detailing this grant as Exhibit 99.1. This action is part of KE Holdings' ongoing strategy to incentivize and retain key employees.

Why It Matters

This filing indicates KE Holdings is using equity to compensate and retain its employees, which can impact future share dilution and employee motivation.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of share unit grants, which is a common practice for public companies and does not represent a significant new risk.

Key Players & Entities

• KE Holdings Inc. (company) — Registrant
• 001-39436 (company) — Commission File Number
• July 2, 2025 (date) — Filing Date
• Exhibit 99.1 (document) — Announcement of Grant of Restricted Share Units

FAQ

From the Filing

0001104659-25-065050.txt : 20250702 0001104659-25-065050.hdr.sgml : 20250702 20250702090903 ACCESSION NUMBER: 0001104659-25-065050 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20250702 FILED AS OF DATE: 20250702 DATE AS OF CHANGE: 20250702 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KE Holdings Inc. CENTRAL INDEX KEY: 0001809587 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) [6531] ORGANIZATION NAME: 05 Real Estate & Construction EIN: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39436 FILM NUMBER: 251098551 BUSINESS ADDRESS: ADDRESS IS A NON US LOCATION: YES STREET 1: ORIENTAL ELECTRONIC TECHNOLOGY BUILDING STREET 2: NO. 2 CHUANGYE ROAD, HAIDIAN DISTRICT CITY: BEIJING PROVINCE COUNTRY: F4 ZIP: 100086 BUSINESS PHONE: 861058104689 MAIL ADDRESS: ADDRESS IS A NON US LOCATION: YES STREET 1: ORIENTAL ELECTRONIC TECHNOLOGY BUILDING STREET 2: NO. 2 CHUANGYE ROAD, HAIDIAN DISTRICT CITY: BEIJING PROVINCE COUNTRY: F4 ZIP: 100086 6-K 1 tm2519692d1_6k.htm FORM 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of July 2025 Commission File Number: 001-39436 KE Holdings Inc. (Registrant’s Name) Oriental Electronic Technology Building, No. 2 Chuangye Road, Haidian District, Beijing 100086 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 x Form 40-F ¨ EXHIBIT INDEX Exhibit No. Description 99. 1 Announcement —Grant of Restricted Share Units SIGNATURES 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. KE Holdings Inc. By : /s/ XU Tao Name : XU Tao Title : Chief Financial Officer Date: July 2, 2025 EX-99.1 2 tm2519692d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. KE Holdings Inc. (A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability) (Stock Code: 2423) GRANT OF RESTRICTED SHARE UNITS The Company approved to grant an aggregate of 20,089,155 RSUs (representing equal number of underlying Class A ordinary shares) to 2,450 employees on July 1, 2025 (the “ Employee Grants ”) pursuant to the 2020 Share Incentive Plan, subject to the acceptance by the Grantees. Such Employee Grants would not be subject to the Shareholders’ approval. None of the Grantees was a Director, chief executive or substantial shareholder of the Company, or an associate of any of them. The Employee Grants are subject to the terms and conditions of the 2020 Share Incentive Plan, and the award agreements to be entered into between the Company and each of the Grantees. The principal terms of the 2020 Share Incentive Plan were set out in the section headed “Statutory and General Information – The Share Incentive Plans – 2020 Share Incentive Plan” in Appendix IV to the listing document of the Company dated May 5, 2022 and the 2024 annual report of the Company dated April 17, 2025. Details of the Employee Grants are set out below: Date of grant July 1, 2025 Total number of RSUs granted 20,089,155 Purchase price of RSUs granted Nil Closing price of the Class A ordinary shares on the business day immediately preceding the da