ATA Creativity president granted 1.27M options
ATA Creativity Global director, president, and 10% owner Jun Zhang reported option changes involving 1,274,092 options tied to Common Shares.
Rhea-AI Filing Summary
ATA Creativity Global director, president, and 10% owner Jun Zhang reported option changes involving 1,274,092 options tied to Common Shares. Previously granted options covering 1,274,092 shares at an exercise price of 1.2611 and expiring on 2029-08-05 were cancelled by mutual agreement with the company. On the same date, Zhang received a new grant of 1,274,092 options with the same exercise price of 1.2611, now expiring on 2036-04-08, leaving him holding 1,274,092 options after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Zhang Jun
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Option | 1,274,092 | $0.00 | $0.00 |
| Grant/Award | Option | 1,274,092 | $0.00 | $0.00 |
Holdings After Transaction:
Option — 1,274,092 contracts (Direct)
Footnotes (2)
- F1. The previously granted options to Jun Zhang were cancelled upon mutual agreement between ATA Creativity Global and Jun Zhang.
- F2. The options became exercisable in one-third tranches on each of April 1, 2022, 2023 and 2024.
Key Figures
Options cancelled: 1,274,092 options
Options granted: 1,274,092 options
Exercise price: 1.2611 per share
+3 more
6 metrics
Options cancelled
1,274,092 options
Derivative transaction code J on 2026-04-08
Options granted
1,274,092 options
Derivative transaction code A on 2026-04-08
Exercise price
1.2611 per share
Conversion or exercise price for both option awards
Old expiration date
2029-08-05
Expiration date of cancelled options
New expiration date
2036-04-08
Expiration date of newly granted options
Options after transactions
1,274,092 options
Total derivative holdings following grant transaction
Key Terms
Option, grant/award acquisition, Other acquisition or disposition, conversion or exercise price, +1 more
5 terms
Option financial
"security_title": "Option""
An option is a financial contract that gives its holder the right, but not the obligation, to buy or sell a stock at a specified price within a set time. Investors use options like a reservation or coupon to lock in a price, protect against losses, or amplify potential gains with a smaller upfront cost than owning the stock outright, making them useful for hedging, income strategies, or speculative bets.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
Other acquisition or disposition financial
"transaction_code_description": "Other acquisition or disposition""
conversion or exercise price financial
"conversion_or_exercise_price": "1.2611""
derivative financial
"transaction_type": "derivative""
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ATA Creativity Global (AACG) report for Jun Zhang?
Jun Zhang restructured and renewed his option position. Previously granted options for 1,274,092 Common Shares were cancelled by mutual agreement, and he simultaneously received a new grant for the same 1,274,092 options at the same exercise price, but with a later expiration date.
How many ATA Creativity Global (AACG) options does Jun Zhang hold after this Form 4?
Jun Zhang holds 1,274,092 options after the transactions. The earlier 1,274,092 options were cancelled, and a new grant for 1,274,092 options was awarded, leaving his total option holdings at 1,274,092 according to the reported post-transaction balance.
What is the exercise price of Jun Zhang’s ATA Creativity Global (AACG) options?
The options carry an exercise price of 1.2611 per Common Share. Both the cancelled options and the newly granted options share this same conversion or exercise price of 1.2611, as disclosed in the transaction details.
When do Jun Zhang’s newly granted ATA Creativity Global (AACG) options expire?
The new options expire on 2036-04-08. The prior options were scheduled to expire on 2029-08-05, but the new grant extends the expiration date to 2036-04-08, lengthening the potential exercise window for these options.
Why were Jun Zhang’s previous ATA Creativity Global (AACG) options cancelled?
The earlier options were cancelled by mutual agreement. A footnote explains that options previously granted to Jun Zhang were cancelled upon mutual agreement between ATA Creativity Global and Jun Zhang, as part of this restructuring of his option awards.
What does the Form 4 say about vesting of Jun Zhang’s ATA Creativity Global options?
The options vested in three equal tranches. A footnote notes that the options became exercisable in one-third tranches on each of April 1, 2022, 2023, and 2024, outlining the vesting schedule associated with this option award.
AI-generated analysis. How Rhea-AI works. Not financial advice.
