LIU NIAN

PrivateCIK: 2117815

LIU NIAN enters WATERDROP INC. with 2.85M shares plus derivative instruments

Holding both equity and derivatives at entry signals strong long-term conviction in the company.

Direct Derivatives
InsiderLIU NIANCIK 2117815
IssuerWATERDROP INC.CIK 1823986
Officer· Head of Legal
Since Mar 2026
2.85M
Baseline shares
100% direct
2.85M
Direct ownership
4 positions
700K
Derivative underlying
2 instruments
4
Security positions
All direct
Non-Derivative Holdings4

Class A ordinary shares

Direct
Shares owned552.61K

Class A ordinary shares

Direct
Shares owned700K

Class A ordinary shares

Direct
Shares owned700K

Class A ordinary shares

Direct
Shares owned900K
Total
2.85M direct2.85M
Derivative Holdings2

Share Options (Right to Buy)

Direct
Underlying security
Class A ordinary shares

Underlying shares

500K

Shares owned

N/A

Exercise price

Expiration

Exercise window

Share Options (Right to Buy)

Direct
Underlying security
Class A ordinary shares

Underlying shares

200K

Shares owned

N/A

Exercise price

Expiration

Exercise window

Total

Underlying

700K

Owned

0.00

LIU NIAN — Initial Ownership Disclosure (Form 3) Filed Mar 17, 2026 | Finecho