Agora (API) director Eric He vests 1,591 ADSs through RSU conversion

Rhea-AI Filing Summary

Agora, Inc. director Eric He reported the vesting and exercise of 1,591 RSUs into 1,591 American Depositary Shares (ADSs) on August 1, 2026. The RSUs had a 0.0000 exercise price and represent equity compensation rather than an open‑market trade. After this transaction, he holds 86,162 ADSs and 36,600 RSUs directly.

Insider Trade Summary

Net Buyer: 1,591 shares

Net Buy 2 txns

Insider He Eric

Role Director

Type	Security	Shares	Price	Value
Exercise	RSU (Restricted Stock Unit) F3	1,591	$0.00	$0.00
Exercise	ADSs F1, F2	1,591	--	--

Holdings After Transaction: RSU (Restricted Stock Unit) — 36,600 shares (Direct); ADSs — 86,162 shares (Direct)

Footnotes (3)

1. F1. Represents American Depositary Shares acquired through the vesting of Restricted Share Units ("RSUs"). Every one ADS represents four Class A Ordinary Shares of the Issuer.
2. F2. Represents American Depositary Shares acquired through the vesting of RSUs. Every one ADS represents four Class A Ordinary Shares of the Issuer.
3. F3. Each RSU represents the contingent right to receive one ADS of the Issuer upon vesting.

Key Figures

RSUs exercised: 1,591 RSUs ADSs acquired: 1,591 ADSs ADS holdings after transaction: 86,162 ADSs +5 more

8 metrics

RSUs exercised 1,591 RSUs RSUs converted into ADSs on August 1, 2026

ADSs acquired 1,591 ADSs ADSs received upon RSU vesting on August 1, 2026

ADS holdings after transaction 86,162 ADSs Direct ADS position following the August 1, 2026 vesting

RSU holdings after transaction 36,600 RSUs Remaining RSUs after 1,591 units vested on August 1, 2026

Exercise price per RSU 0.0000 per RSU Conversion or exercise price for RSUs vested on August 1, 2026

ADS to ordinary share ratio 1 ADS = 4 Class A Ordinary Shares Each ADS represents four Class A Ordinary Shares of Agora, Inc.

RSU to ADS ratio 1 RSU = 1 ADS Each RSU represents the contingent right to receive one ADS upon vesting

RSU award expiration date 2035-11-16 Expiration date reported for the RSU award underlying the exercised units

Key Terms

Restricted Stock Unit, American Depositary Shares, Class A Ordinary Shares, contingent right

4 terms

Restricted Stock Unit financial

"RSU (Restricted Stock Unit) reported as a derivative equity award."

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

American Depositary Shares financial

"Represents American Depositary Shares acquired through the vesting of RSUs."

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

Class A Ordinary Shares financial

"Every one ADS represents four Class A Ordinary Shares of the Issuer."

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

contingent right financial

"Each RSU represents the contingent right to receive one ADS of the Issuer."

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/03/2026 - 09:55 PM Accepted by SEC EDGAR 08/03/2026 - 09:55 PM Learn about SEC filing dates

FAQ

What insider transaction did Eric He report for Agora (API)?

Eric He, a director of Agora, Inc. (API), reported vesting and exercise of 1,591 Restricted Stock Units (RSUs) into 1,591 American Depositary Shares (ADSs) on August 1, 2026. The RSUs had a 0.0000 exercise price and represent equity compensation, not a market trade.

How many Agora (API) ADSs does Eric He hold after this Form 4?

Following the August 1, 2026 vesting, Eric He directly holds 86,162 ADSs of Agora, Inc. (API). In addition, he holds 36,600 RSUs, which, upon future vesting, each entitle him to receive one additional ADS of the company.

What do Eric He’s vested RSUs represent in Agora (API) shares?

Each vested RSU gives Eric He the right to receive one ADS of Agora, Inc. (API). Each ADS in turn represents four Class A Ordinary Shares of Agora, so the 1,591 vested RSUs correspond to 1,591 ADSs, equivalent to 6,364 Class A Ordinary Shares.

Was Eric He’s Agora (API) transaction made under a Rule 10b5-1 plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, meaning these equity-award transactions were not reported as being made under a pre-arranged Rule 10b5-1 trading plan. They reflect automatic vesting and settlement of RSUs into ADSs.

Did Eric He sell any Agora (API) shares in this Form 4 filing?

The Form 4 shows no open-market sales. Instead, it reports the exercise and vesting of 1,591 RSUs into 1,591 ADSs at a 0.0000 exercise price. The derivative RSU position decreased while his direct ADS holdings increased by the same number of shares.

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

He Eric

(Last) (First) (Middle)

66 LANE, 411 SEC 1 NEI HU ROAD

(Street)

TAIPEI 114

(City) (State) (Zip)

TAIWAN

(Country)

2. Issuer Name and Ticker or Trading Symbol
Agora, Inc. [ API ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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
ADSs(1)	08/01/2026		M		1,591	A	(2)	86,162	D

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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
RSU (Restricted Stock Unit)(3)	$0	08/01/2026		M			1,591	08/01/2026	11/16/2035	ADSs	1,591	$0	36,600	D

Explanation of Responses:

1. Represents American Depositary Shares acquired through the vesting of Restricted Share Units ("RSUs"). Every one ADS represents four Class A Ordinary Shares of the Issuer.

2. Represents American Depositary Shares acquired through the vesting of RSUs. Every one ADS represents four Class A Ordinary Shares of the Issuer.

3. Each RSU represents the contingent right to receive one ADS of the Issuer upon vesting.

	Eric He	08/03/2026
	** 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 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).
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 4: SEC 1474 (03-26)