Agora CEO details equity and option holdings
Agora, Inc. director and Chief Executive Officer Zhao Bin filed an amended ownership report detailing his equity position.
Rhea-AI Filing Summary
Agora, Inc. director and Chief Executive Officer Zhao Bin filed an amended ownership report detailing his equity position. The filing shows indirect holdings of ADSs and ordinary shares through entities named YY TZ Limited and Much ado Limited, plus sizeable equity awards held directly. Zhao Bin holds RSUs tied to 2,250,000 underlying ADSs and an incentive stock option over 2,250,000 ADSs at an exercise price of $4.50 per ADS, both expiring on September 3, 2035. Vesting for these awards depends on time-based schedules starting around September 4, 2028 and on Agora’s ADSs achieving average closing prices of $6.00, $10.00, and $15.00 over specified twenty-day trading periods.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Zhao Bin
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Incentive Stock Option (Right to Buy) | -- | -- | -- |
| holding | RSU (Restricted Stock Unit) | -- | -- | -- |
| holding | Class B Ordinary Share | -- | -- | -- |
| holding | Class A Ordinary Share | -- | -- | -- |
| holding | ADS | -- | -- | -- |
Holdings After Transaction:
Incentive Stock Option (Right to Buy) — 2,250,000 contracts (Direct);
RSU (Restricted Stock Unit) — 2,250,000 contracts (Direct);
Class B Ordinary Share — 76,179,938 shares (Indirect, Much ado Limited);
Class A Ordinary Share — 7,267,029 shares (Indirect, YY TZ LIMITED);
ADS — 1,957,606 shares (Indirect, YY TZ LIMITED)
Footnotes (3)
- F1. One ADS represents four Class A Ordinary Shares.
- F2. Fifty percent of the Shares subject to the Option shall vest on September 4, 2028, and the remaining Shares shall vest equally on the Vesting Commencement Date of each month thereafter (or the last day of the month should there's no corresponding date in such month) in the next thirty-six consecutive months.
- F3. One third of the RSUs shall vest immediately upon the later of (i) on September 4, 2028, or (ii) the average closing price of the Company's ADSs during any twenty consecutive trading days is not less than US$6.00. Another one third of the RSUs subject to this Award shall vest immediately upon the later of (i) on September 4, 2028, or (ii) the average closing price of the Company's ADSs during any twenty consecutive trading days is not less than US$10.00; and the remaining one third of the RSUs subject to this Award shall vest immediately upon the later of (i) on September 4, 2028, or (ii) the average closing price of the Company's ADSs during any twenty consecutive trading days is not less than US$15.00.
Key Figures
Indirect ADS holdings: 1,957,606 ADS
Indirect Class A shares: 7,267,029 shares
Indirect Class B shares: 76,179,938 shares
+5 more
8 metrics
Indirect ADS holdings
1,957,606 ADS
Total ADSs indirectly held through YY TZ Limited
Indirect Class A shares
7,267,029 shares
Class A Ordinary Shares indirectly held through YY TZ Limited
Indirect Class B shares
76,179,938 shares
Class B Ordinary Shares indirectly held through Much ado Limited
RSU underlying ADSs
2,250,000 ADSs
RSUs with zero exercise price, expiring September 3, 2035
Stock option underlying ADSs
2,250,000 ADSs
Incentive stock option at $4.50 per ADS, expiring September 3, 2035
ADS price hurdle 1
$6.00
Average ADS price required for first RSU vesting tranche
ADS price hurdle 2
$10.00
Average ADS price required for second RSU vesting tranche
ADS price hurdle 3
$15.00
Average ADS price required for final RSU vesting tranche
Key Terms
ADS, RSU (Restricted Stock Unit), Incentive Stock Option (Right to Buy), Class B Ordinary Share, +1 more
5 terms
ADS financial
"One ADS represents four Class A Ordinary Shares."
Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.
RSU (Restricted Stock Unit) financial
"RSU (Restricted Stock Unit) with 2,250,000 underlying ADSs and price-based vesting."
Incentive Stock Option (Right to Buy) financial
"Incentive Stock Option (Right to Buy) over 2,250,000 ADSs at $4.50."
vesting financial
"Shares subject to the Option shall vest on September 4, 2028, then monthly for thirty-six months."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Agora (API) CEO Zhao Bin report in this amended Form 3/A?
He reports his current equity holdings and awards. The filing lists indirect ownership of ADSs and ordinary shares via YY TZ Limited and Much ado Limited, plus RSUs and stock options over 2,250,000 ADSs each with defined vesting and expiration terms.
What RSU awards does Agora (API) CEO Zhao Bin hold?
He holds RSUs tied to 2,250,000 underlying ADSs. These RSUs vest in three tranches based on both time (from September 4, 2028) and Agora’s ADSs reaching average closing prices of $6.00, $10.00, and $15.00 over twenty consecutive trading days.
What stock options over Agora (API) ADSs are reported in this filing?
An incentive stock option over 2,250,000 ADSs is reported. The option carries a $4.50 exercise price per ADS, expires on September 3, 2035, and vests 50% on September 4, 2028, with the remainder vesting monthly over the next 36 months.
AI-generated analysis. How Rhea-AI works. Not financial advice.
