Sec Form 3 Filing - Huang Lan @ BeyondSpring Inc. - 2024-12-31

FORM 3 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Huang Lan 2. Issuer Name and Ticker or Trading Symbol BeyondSpring Inc. [ BYSI] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Executive Officer (Last) (First) (Middle) C/O BEYONDSPRING INC., 100 CAMPUS DRIVE, WEST SIDE, 4TH FLOOR, SUITE 410 3. Date of Earliest Transaction (MM/DD/YY) 12/31/2024 (Street) FLORHAM PARK, NJ07932 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Ordinary Shares 2 I By Ever Regal Group Limited ( 1 ) Ordinary Shares 1 I By Fairy Eagle Investments Limited ( 2 ) Ordinary Shares 1 I By Rosy Time Holdings Limited ( 3 ) Ordinary Shares 323,702 ( 4 ) I By Lan Huang 2022 Grantor Retained Annuity Trust Ordinary Shares 413,636 ( 5 ) I By 2024 SPIRIT GRAT

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Stock Options (right to buy) $ 11.03 ( 6 ) ( 6 ) 08/01/2030 Ordinary Shares 460,000 D Stock Options (right to buy) $ 4.69 ( 7 ) ( 7 ) 01/11/2032 Ordinary Shares 90,343 D Stock Options (right to buy) $ 0.9835 ( 8 ) ( 8 ) 05/08/2033 Ordinary Shares 400,000 D Stock Options (right to buy) $ 3.168 ( 9 ) ( 9 ) 03/19/2034 Ordinary Shares 33,663 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Huang Lan C/O BEYONDSPRING INC., 100 CAMPUS DRIVE WEST SIDE, 4TH FLOOR, SUITE 410 FLORHAM PARK, NJ07932 X Chief Executive Officer Signatures /s/ Lan Huang 12/31/2024 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The reporting person is the sole owner of Ever Regal Group Limited. ( 2 )The reporting person's spouse is the sole owner of Fairy Eagle Investments Limited. ( 3 )The reporting person's spouse is the sole owner of Rosy Time Holdings Limited. ( 4 )Reflects shares held by the Lan Huang 2022 Grantor Retained Annuity Trust (the "2022 GRAT") for the benefit of Dr. Lan Huang's children. Dr. Lan Huang is trustee of the 2022 GRAT. ( 5 )Reflects shares held by the 2024 SPIRIT GRAT for the benefit of Dr. Lan Huang's children. Dr. Lan Huang is trustee of the 2024 SPIRIT GRAT. ( 6 )Reflects the grant of stock options to purchase ordinary shares of the Issuer under the 2017 Omnibus Incentive Plan. 388,000 of the stock options are fully vested and exercisable. 72,000 of the stock options will vest on December 31, 2024. ( 7 )Reflects the grant of stock options to purchase ordinary shares of the Issuer under the 2017 Omnibus Incentive Plan. All 90,343 stock options are fully vested and exercisable. ( 8 )Reflects the grant of stock options to purchase ordinary shares of the Issuer under the 2017 Omnibus Incentive Plan. 133,333 of the stock options are fully vested and exercisable. 133,333 of the stock options will vest on May 8, 2025, and 133,334 of the stock options will vest on May 8, 2026. ( 9 )Reflects the grant of stock options to purchase ordinary shares of the Issuer under the 2017 Omnibus Incentive Plan. 11,221 of the stock options are fully vested and exercisable. 11,221 of the stock options will vest on December 31, 2024, and 11,221 of the stock options will vest on June 30, 2025.

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 4(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).

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