PDD · Insider Trading

PDD Holdings Inc. American Depositary Shares

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Every open-market purchase and sale reported by PDD officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.

Form 4 Filings

most recent

Open-Market Buys

code P

Sales

code S

Reporting Insiders

current holders

PDD — Recent Form 4 Transactions (latest 2026-09-04)

Filed	Insider	Role	Type	Shares	Value
2026-09-04	Anthony Ping Leung Kam	Director	Sell	−1,705	−$140.15K
2026-09-02	Anthony Ping Leung Kam	Director	M	+1,705	—
2026-08-04	George Yong-Boon Yeo	Director	M	+1,584	—
2026-07-02	Mi Wang	SVP of Engineering	A	+40,000 deriv.	—
2026-07-02	Jiazhen Zhao	Co-Chief Executive Officer	A	+50,000 deriv.	—
2026-04-01	Ivonne MCM Rietjens	Director	Sell	−560	−$55.77K
2026-04-01	Anthony Ping Leung Kam	Director	Sell	−1,533	−$152.42K

PDD — Current Insider Holders

Insider	Role	Shares Held	Value
George Yong-Boon Yeo	Director	27,212	$2.15M

PDD Insider Trading FAQ

Who are the insiders at PDD?

1 officers, directors and 10%+ beneficial owners currently report holdings in PDD via SEC Form 4.

Are PDD insiders buying or selling?

Across the 7 most recent Form 4 filings for PDD, 0 were open-market purchases (code P) and 3 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.

How current is PDD insider data?

Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent PDD filing is dated 2026-09-04.

How to read Form 4 activity

Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.

Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.

Full filing history and per-insider positions are on the PDD quote page; the site-wide leaderboard is on the insider transactions hub.