VNET started as AsiaCloud in 1999 and moved into the data center business, opening its first self-developed data center in 2010. The firm listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to VNET Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China, but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, and Huawei Cloud as customers. At the end of December 2025, it had 49,863 retail cabinets, with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 889 MW of wholesale capacity in service, with a further 452 MW under construction and a further 840 MW held for future development.
| Form 4 transaction type | Transactions | Shares | Total value |
|---|---|---|---|
| Open-market sale | 1 | 60,000 | $103K |
| Option exercise | 2 | 167,088 |
Dollar totals are shown for open-market purchases and sales only. Grants, option exercises, gifts and tax withholding are reported by share count because they are not trades at a market price.
8 Form 4 filings on record, the earliest from Mar 25, 2026, newest first.
| Date | Insider | Transaction | Security | Shares | Price | Value |
|---|---|---|---|---|---|---|
| David Lifeng Chen - Director | Option exercise | Class A ordinary shares | 83,544 | - | - | |
| David Lifeng Chen - Director | Option exercise | Restricted Share Units (RSUs) | 83,544 | $0.00 | - | |
| Sean Shao - Director | Open-market sale | Class A ordinary shares | 60,000 | $1.71 | $103K | |
| Option exercise | Class A ordinary shares | 42,996 | $0.00 | - | ||
| Open-market sale | Class A ordinary shares | 9,072 | $1.69 | $15K | ||
| Grant or award | Restricted Share Units (RSUs) | 42,996 | $0.00 | - | ||
| Option exercise | Restricted Share Units (RSUs) | 42,996 | $0.00 | - | ||
| Grant or award | Restricted Share Units (RSUs) | 243,768 | $0.00 | - | ||
| Sean Shao - Director | Grant or award | Restricted Share Units (RSUs) | 243,768 | $0.00 | - | |
| Grant or award | Restricted Share Units (RSUs) | 731,304 | $0.00 | - | ||
| David Lifeng Chen - Director | Option exercise | Class A ordinary shares | 83,544 | $0.00 | - | |
| David Lifeng Chen - Director | Option exercise | Restricted Share Units (RSUs) | 83,544 | $0.00 | - | |
| David Lifeng Chen - Director | Open-market sale | Class A ordinary shares | 83,544 | $1.51 | $126K |
VNET Group, Inc. (VNET) had 2 insider filings in the last 90 days, with the most recent on 2026-08-04. The full record for VNET runs to 8 Form 4 filings, the earliest from 2026-03-25. InsiderAlpha tracks every Form 4, Form 144, and 8-K filing in real time.
No insider purchases of VNET were filed in the last 90 days.
1 insider sale of VNET was filed in the last 90 days, totaling $103K.
This page tracks VNET Form 4 insider transactions, Form 144 sale notices, and 8-K material event disclosures in one timeline. Annual 10-K and quarterly 10-Q reports live on the company's SEC EDGAR page.
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Every Form 4 below links to the original document on SEC EDGAR, so the numbers on this page can be checked against the filing they came from.
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