Baozun Inc. Director Bin Yu Receives 24,000 Restricted Stock Units

This Form 4 filing reports that Bin Yu, a director of Baozun Inc., received 24,000 restricted stock units (RSUs) on May 21, 2026. Each RSU represents the contingent right to receive one Class A ordinary share of the company. The RSUs were granted under the company's 2022 Share Incentive Plan and will vest in three tranches: 10,500 RSUs on May 21, 2027, 10,500 RSUs on May 21, 2028, and 3,000 RSUs on May 21, 2029. Following this transaction, Yu holds a total of 40,809 RSUs. The filing indicates that the transaction price per share was $0, which is typical for equity awards granted to directors and executives. This filing represents a routine equity compensation transaction for a company director.