Dai Kun, chief executive of Uxin Ltd (UXIN), bought 8,440 shares on September 29, 2026, in an open-market transaction identified as part of a scheduled Rule 10b5-1 trading plan, according to the SEC disclosure described in the supplied record.

The reported price was $1.26 per share. The record lists a transaction value of $10,611, although multiplying the share count by the displayed price produces $10,634.40. Those figures differ by $23.40. The available information does not establish the reason for the difference, so the listed total should not be treated as an exact match for the displayed share count and price.

The disclosure identifies the buyer, his corporate role, the purchase date and the number of shares acquired. It does not provide a statement from Dai explaining the transaction, nor does the supplied information establish his total holdings after the purchase. The transaction date is distinct from the September 30 publication timestamp attached to the source material.

What Form 4 and a scheduled plan disclose

Form 4 is a public report of changes in beneficial ownership filed with the U.S. Securities and Exchange Commission. Under the applicable reporting rules, covered officers, directors and certain large shareholders generally report transactions within two business days. A filing records an ownership change; its presence in the SEC’s public system does not mean the agency endorses the investment or has judged its merits.

A full Form 4 can contain information beyond a headline transaction, including the security involved, ownership after the trade, whether ownership is direct or indirect, and explanatory footnotes. Those details help distinguish a straightforward purchase from transactions involving other interests or arrangements. They are not included in the supplied summary and cannot be established here.

Rule 10b5-1 provides a framework for trading arrangements established in advance. Subject to the rule’s conditions, such arrangements can provide an affirmative defense against insider-trading liability. A plan may specify quantities, prices and dates, or use a formula or another permitted method to determine trades. Applicable conditions include requirements concerning when the arrangement is adopted and how it operates.

The scheduled-plan designation establishes how this purchase was characterized in the source. It does not disclose when Dai adopted the plan, its complete instructions, any remaining purchase commitments or whether every legal condition was satisfied. A scheduled execution also does not, by itself, establish that the buyer made a fresh investment decision on the transaction date.

What to watch

The full filing’s transaction table and footnotes are the next records to examine for price precision, the stated transaction value and ownership after the purchase. Any additional plan details or subsequent ownership filings would need to be assessed on their own terms. The supplied disclosure does not establish that another purchase is scheduled or that Uxin’s business outlook has changed.