Qing Pan - 16 Mar 2026 Form 3 Insider Report for NOAH HOLDINGS LTD (NOAH)

Role: CHIEF FINANCIAL OFFICER
Signature: /s/ QING PAN
Issuer symbol: NOAH
Transactions as of: 16 Mar 2026
Net transactions value: $0
Form type: 3
Filing time: 16 Mar 2026, 09:09:48 UTC
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Pan Qing	CHIEF FINANCIAL OFFICER	7TH FLOOR, BLOCK B, NOAH WEALTH CENTER,, 1226 SHENBIN SOUTH ROAD, MINHANG, SHANGHAI, CHINA	/s/ QING PAN	16 Mar 2026	0002111246

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	NOAH	ORDINARY SHARES						699,090	16 Mar 2026	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	NOAH	RESTRICTED STOCK UNIT							16 Mar 2026	ORDINARY SHARES	4,200	$0.000000	Direct	F1
holding	NOAH	RESTRICTED STOCK UNIT							16 Mar 2026	ORDINARY SHARES	450,460	$0.000000	Direct	F2
holding	NOAH	RESTRICTED STOCK UNIT							16 Mar 2026	ORDINARY SHARES	125,000	$0.000000	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents an award of 6,383 restricted share units ("RSUs"), each representing the right to receive 10 ordinary shares. 3,272 RSUs vested on December 29, 2023. The remaining 3,111 RSUs vest in equal monthly installments of 103 RSUs at the end of each month, commencing January 29, 2024. The award will be fully vested on June 29, 2026.
F2	Represents an award of 90,092 RSUs, each representing the right to receive 10 ordinary shares. 22,523 RSUs vested on March 29, 2024. The remaining 67,569 RSUs vest in equal annual installments of 22,523 RSUs on March 29 of each year thereafter, commencing March 29, 2025. The award will be fully vested on March 29, 2027.
F3	Represents an award of 25,000 RSUs, each representing the right to receive 10 ordinary shares. 6,250 RSUs vested on December 20, 2024. The remaining 18,750 RSUs vest in equal annual installments of 6,250 RSUs on December 20 of each year thereafter, commencing December 20, 2025. The award will be fully vested on December 20, 2027.