Sec Form 4 Filing - Duan Youqiao @ iQIYI, Inc. - 2026-05-11

FORM 4 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 Duan Youqiao 2. Issuer Name and Ticker or Trading Symbol iQIYI, Inc. [ IQ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Senior Vice President (Last) (First) (Middle) 4F, IQIYI YOUTH CENTER, YOOLEE PLAZA,, NO. 21 NORTH ROAD OF WORKERS' STADIUM 3. Date of Earliest Transaction (MM/DD/YY) 05/11/2026 (Street) BEIJING100027 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

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 Option (right to buy) $ 0.5119 ( 1 ) 05/11/2036 Class A ordinary share 2,275,000 2,275,000 D Option (right to buy) $ 0 ( 2 ) 05/11/2036 Class A ordinary share 2,450,000 2,450,000 D Option (right to buy) $ 0.5119 05/11/2026 D 982,927 ( 3 ) 08/05/2026 Class A ordinary share 982,927 ( 4 ) 0 D Option (right to buy) $ 0.5119 05/11/2026 A 982,927 ( 3 ) 10/18/2030 Class A ordinary share 982,927 ( 4 ) 982,927 D Option (right to buy) $ 0.5119 05/11/2026 D 375,056 ( 5 ) 02/14/2027 Class A ordinary share 375,056 ( 6 ) 0 D Option (right to buy) $ 0.5119 05/11/2026 A 375,056 ( 5 ) 10/18/2030 Class A ordinary share 375,056 ( 6 ) 375,056 D Option (right to buy) $ 0.5119 05/11/2026 D 3,200,000 ( 7 ) 02/28/2028 Class A ordinary share 3,200,000 ( 8 ) 0 D Option (right to buy) $ 0.5119 05/11/2026 A 3,200,000 ( 7 ) 10/18/2030 Class A ordinary share 3,200,000 ( 8 ) 3,200,000 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Duan Youqiao 4F, IQIYI YOUTH CENTER, YOOLEE PLAZA, NO. 21 NORTH ROAD OF WORKERS' STADIUM BEIJING100027 Senior Vice President Signatures /s/ Duan Youqiao 05/13/2026 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The options vest over a four-year period, with 25% vesting on the 1st anniversary of 05/11/2026, and the remaining 75% vesting in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary. ( 2 )The options vest over a four-year period, with 25% vesting on each of the 1st, 2nd, 3rd and 4th anniversary of 05/11/2026. ( 3 )The options have fully vested over a four-year period, with 25% vested on the 1st anniversary of 08/05/2016, and the remaining 75% vested in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary. ( 4 )The two reported transactions involved an amendment of outstanding options to extend the expiration date, which may be deemed a cancellation of the original options (to expire on 08/05/2026) and grant of new options. As amended, the options expire on 10/18/2030. ( 5 )The options have fully vested over a four-year period, with 25% vested on the 1st anniversary of 02/14/2017, and the remaining 75% vested in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary. ( 6 )The two reported transactions involved an amendment of outstanding options to extend the expiration date, which may be deemed a cancellation of the original options (to expire on 02/14/2027) and grant of new options. As amended, the options expire on 10/18/2030. ( 7 )The options have fully vested over a four-year period, with 25% vested on the 1st anniversary of 02/28/2018, and the remaining 75% vested in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary. ( 8 )The two reported transactions involved an amendment of outstanding options to extend the expiration date, which may be deemed a cancellation of the original options (to expire on 02/28/2028) and grant of new options. As amended, the options expire on 10/18/2030.

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