Large ATA Creativity Global (AACG) insider details options and 9.36M-share indirect stake

Rhea-AI Filing Summary

ATA Creativity Global director, president and ten percent owner Zhang Jun filed an initial ownership report showing both option and share holdings. He holds options exercisable into 1,274,092 Common Shares at an exercise price of $1.2611 per share, expiring on August 5, 2029. These options became exercisable in one-third tranches on April 1, 2022, 2023 and 2024. In addition, Arts Consulting Limited, a British Virgin Islands corporation, owns 9,360,000 Common Shares of ATA Creativity Global, with Jun Zhang as sole director and 75% shareholder of that entity. He disclaims beneficial ownership of the securities held by Arts Consulting Limited except to the extent of his pecuniary interests in that entity.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Zhang Jun

Role President

Type	Security	Shares	Price	Value
holding	Option	--	--	--
holding	Common Share	--	--	--

Holdings After Transaction: Option — 1,274,092 shares (Direct); Common Share — 9,360,000 shares (Indirect, See Note)

Footnotes (1)

1. Arts Consulting Limited, a British Virgin Islands corporation, owns 9,360,000 Common Shares of ATA Creativity Global (the "Issuer"). Jun Zhang is the sole director and holds 75% of the issued and outstanding share capital of Arts Consulting Limited. Jun Zhang disclaims beneficial ownership of the securities of the Issuer held by Arts Consulting Limited except to the extent of his pecuniary interests therein. The options became exercisable in one-third tranches on each of April 1, 2022, 2023 and 2024.

Key Figures

Option underlying shares: 1,274,092 Common Shares Option exercise price: $1.2611 per share Option expiration: August 5, 2029 +2 more

5 metrics

Option underlying shares 1,274,092 Common Shares Underlying shares for options held by Zhang Jun

Option exercise price $1.2611 per share Exercise price of ATA Creativity Global options

Option expiration August 5, 2029 Expiration date of Zhang Jun’s options

Indirect common shares 9,360,000 Common Shares Shares of ATA Creativity Global held by Arts Consulting Limited

Arts Consulting ownership 75% of share capital Jun Zhang’s stake in Arts Consulting Limited

Key Terms

beneficial ownership, pecuniary interests, Common Shares, options, +1 more

5 terms

beneficial ownership financial

"Jun Zhang disclaims beneficial ownership of the securities of the Issuer held by Arts Consulting Limited"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interests financial

"except to the extent of his pecuniary interests therein"

Common Shares financial

"owns 9,360,000 Common Shares of ATA Creativity Global"

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

options financial

"The options became exercisable in one-third tranches on each of April 1, 2022, 2023 and 2024"

Options are contracts that give investors the right to buy or sell an asset at a specific price within a certain time frame. They function like a reservation or a ticket that allows for potential profit or protection against price changes, making them useful tools for managing investment risks or speculating on market movements.

indirect ownership financial

"Arts Consulting Limited ... owns 9,360,000 Common Shares of ATA Creativity Global"

Understanding Insider Trading Forms →

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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Zhang Jun

(Last) (First) (Middle)

16TH FLOOR, GONGYUAN NO. 6

DONGCHENG DISTRICT

(Street)

BEIJING 100005

(City) (State) (Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
ATA Creativity Global [ AACG ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	President

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)
Common Share	9,360,000	I	See Note(1)

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
Option	(2)	08/05/2029	Common Share	1,274,092	$1.2611	D

Explanation of Responses:

1. Arts Consulting Limited, a British Virgin Islands corporation, owns 9,360,000 Common Shares of ATA Creativity Global (the "Issuer"). Jun Zhang is the sole director and holds 75% of the issued and outstanding share capital of Arts Consulting Limited. Jun Zhang disclaims beneficial ownership of the securities of the Issuer held by Arts Consulting Limited except to the extent of his pecuniary interests therein.

2. The options became exercisable in one-third tranches on each of April 1, 2022, 2023 and 2024.

	/s/ Jun Zhang	03/31/2026
	** 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.
* Form 3: SEC 1473 (03-26)

FAQ

What insider holdings did Zhang Jun report in ATA Creativity Global (AACG)?

Zhang Jun reported options over 1,274,092 Common Shares at a $1.2611 exercise price and indirect ownership of 9,360,000 Common Shares through Arts Consulting Limited, providing a detailed snapshot of his economic exposure to ATA Creativity Global.

How many ATA Creativity Global shares does Arts Consulting Limited hold for AACG’s insider?

Arts Consulting Limited holds 9,360,000 Common Shares of ATA Creativity Global. Jun Zhang is Arts Consulting’s sole director and owns 75% of its share capital, giving him a significant pecuniary interest in these indirectly held AACG shares.

What are the key terms of Zhang Jun’s stock options in ATA Creativity Global (AACG)?

Zhang Jun holds options to acquire 1,274,092 ATA Creativity Global Common Shares at an exercise price of $1.2611 per share, expiring on August 5, 2029, providing long-dated equity exposure to the company’s performance.

When did Zhang Jun’s ATA Creativity Global options become exercisable?

The options became exercisable in three equal tranches on April 1, 2022, April 1, 2023, and April 1, 2024. This vesting schedule gradually increased Zhang Jun’s ability to convert options into ATA Creativity Global Common Shares over three years.

How does Zhang Jun describe his beneficial ownership of AACG shares held by Arts Consulting Limited?

Jun Zhang disclaims beneficial ownership of ATA Creativity Global securities held by Arts Consulting Limited, except to the extent of his pecuniary interests. This clarifies that his economic stake is tied to his 75% ownership of Arts Consulting’s share capital.