As of September 09, 2026, the three largest insider holders of VNET are David Lifeng Chen (Director, 501.25K shares), Zhihua Zhang (Svp, Operational Finance, 33.92K shares).
| # | Insider | Position | Direct | Indirect | Total | Share of Insiders | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | David Lifeng Chen | Director | 501,252 | 0 | 501,252 | 93.7% | 04 Aug, 2026 |
| 2 | Zhihua Zhang | Svp, Operational Finance | 33,924 | 0 | 33,924 | 6.3% | 19 May, 2026 |
Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.
| Date | Insider | Position | Transaction | Shares | Price | Value | Shares Held After | Ownership |
|---|---|---|---|---|---|---|---|---|
| 31 Jul, 2026 | David Lifeng Chen | Director | Acquired M | 83,544 | — | — | 501,252 | Direct |
| 31 Jul, 2026 | David Lifeng Chen | Director | Disposed M | 83,544 | $0.00 | $0 | 417,708 | Direct |
| 15 May, 2026 | Zhihua Zhang | Svp, Operational Finance | Acquired M | 42,996 | $0.00 | $0 | 42,996 | Direct |
| 18 May, 2026 | Zhihua Zhang | Svp, Operational Finance | Disposed S | 9,072 | $1.69 | $15.37K | 33,924 | Direct |
| 15 May, 2026 | Zhihua Zhang | Svp, Operational Finance | Acquired A | 42,996 | $0.00 | $0 | 201,396 | Direct |
| 15 May, 2026 | Zhihua Zhang | Svp, Operational Finance | Disposed M | 42,996 | $0.00 | $0 | 158,400 | Direct |
| 15 May, 2026 | Sean Shao | Director | Acquired A | 243,768 | $0.00 | $0 | 243,768 | Direct |
| 15 May, 2026 | Kenneth Tai | Director | Acquired A | 243,768 | $0.00 | $0 | 243,768 | Direct |
| 15 May, 2026 | Yoshihisa Ueno | Director | Acquired A | 731,304 | $0.00 | $0 | 731,304 | Indirect |
| 30 Apr, 2026 | David Lifeng Chen | Director | Acquired M | 83,544 | $0.00 | $0 | 417,708 | Direct |
| 30 Apr, 2026 | David Lifeng Chen | Director | Disposed M | 83,544 | $0.00 | $0 | 501,252 | Direct |
| 23 Mar, 2026 | David Lifeng Chen | Director | Disposed S | 83,544 | $1.51 | $125.78K | 334,164 | Direct |