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SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Zhang Yan (Claire)

(Last) (First) (Middle)
HUACE CENTER, BUILDING A,
10/F, XIHU DISTRICT

(Street)
HANGZHOU F4 310000

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026
3. Issuer Name and Ticker or Trading Symbol
Tuya Inc. [ TUYA ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
American Depositary Shares(1)(2) 104,486(1)(2) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Options(3) 01/25/2025(4) 02/21/2031(4) Class A ordinary shares 25,800 (6) D
Options(3) 01/01/2025(5) 05/06/2032(5) Class A ordinary shares 15,000 (6) D
Explanation of Responses:
1. Each American Depositary Share ("ADS") represents one (1) Class A ordinary share, with a par value of US$0.00005 per share, of Tuya Inc. (the "Issuer").
2. The amount of ADSs include (i) 85,736 ADSs beneficially owned, (ii) 12,500 restricted stock units granted to the reporting person on June 27, 2023 and will vest in equal annual installments on June 27, 2026 and June 27, 2027, and (iii) 6,250 restricted stock units granted to the reporting person on December 14, 2022 and will vest on December 26, 2026. These restricted stock units represent a contingent right to receive one ADS following vesting.
3. Each option is exercisable for one ADS.
4. This Stock Option is fully vested.
5. This Stock Option is fully vested.
6. The exercise price for these options is US$0.00005 per Class A ordinary share.
Remarks:
Exhibit List: Exhibit 24 - Power of Attorney
/s/ Chunyan Yu, Attorney-in-Fact for Zhang Yan (Claire) 03/18/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.