Hei Yue Tina Fong

Insider Activist

First SEC filing: March 27, 2026 · Latest: June 8, 2026

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Insider at

0 buys (P) 0 sells (S) Net: $0 + 4 non-open-market transactions below last 12 months, based on the transactions shown below

Price change vs current quote, split-adjusted for corporate actions since the filing — not benchmarked, not annualized, not size-weighted

No open-market trades on record; showing all filings.

Date	Ticker	Code	Shares	Price	Value	Owned after	Δ own	A/D	vs now
Aug. 17, 2026	NIVFW	A	272,140	—	—	345,787 Direct	+369.52%	Acquired	(price as of 2026-08-20)
July 8, 2026	NIVFW	A	73,647	—	—	73,647 Direct	—	Acquired	(price as of 2026-08-20)
June 4, 2026	NIVFW	M	56,851	—	—	56,890 Direct	+145771.79%	Acquired	(price as of 2026-08-20)
May 4, 2026	NIVFW	A	56,851	—	—	56,890 Direct	+145771.79%	Acquired	(price as of 2026-08-20)

P = Open-market purchase · S = Sale · A = Grant/award · M = Option exercise · G = Gift · F = Tax withholding

Insider transactions are not a recommendation; sales are often driven by liquidity or tax reasons.

Options, RSUs and convertible securities reported on Form 4 Table II.

Date	Ticker	Security	Underlying	Exercise price	Expiration	Shares	A/D
Aug. 17, 2026	NIVFW	Stock Options (Right to Buy)	Class B Ordinary Shares (272,140)	$0.00	Aug. 17, 2033	272,140	Acquired
July 8, 2026	NIVFW	Employee Share Options	Class B ordinary shares (73,647)	$0.00	July 8, 2033	73,647	Acquired
May 4, 2026	NIVFW	Stock Options (Right to Buy)	Class B Ordinary Shares (56,851)	$0.00	May 4, 2033	56,851	Acquired

Exercise/conversion price is blank when not applicable (e.g. RSUs).

Securities held when first becoming an insider, per SEC Form 3.

Date	Ticker	Security	Shares	Ownership
March 27, 2026	NIVFW	Class B Ordinary Shares	39	Direct