Bilibili Inc. - Form 6-K Filing
Bilibili Inc. has filed a Form 6-K report detailing the grant of 4,580,801 Restricted Share Units (RSUs) on September 16, 2026. These RSUs, representing Class Z Ordinary Shares, were granted to employees and service providers under the Second Amended and Restated 2018 Share Incentive Plan. The RSUs will vest between September 16, 2027, and September 16, 2032, with no performance targets attached. The grant is subject to a clawback mechanism under specific conditions, including termination for cause or criminal offenses. The purpose of these grants is to incentivize employees and service providers, enhance their loyalty, and align their interests with the company's long-term growth and shareholder value. The filing also includes a Next Day Disclosure Return, reporting changes in issued shares due to the vesting of RSUs and exercise of options, as well as a share repurchase. Specifically, 6,316 Class Z Ordinary Shares were issued due to RSUs vesting for a director, and 31,040 shares were issued upon exercise of options by other eligible participants. Additionally, the company repurchased 6,795,540 shares on September 4, 2026.