Agora CEO Bin Zhao’s entity buys 167,385 depositary shares
Separate reported positions dated September 16, 2026 list 7,267,029 Class A shares through YY TZ Limited and 76,179,938 Class B shares through Much ado Limited.
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Rhea-AI Filing Summary
Agora, Inc. CEO Bin Zhao reported 18 purchases totaling 167,385 ADSs by YY TZ Limited from September 16 through October 9, 2026, pursuant to a Rule 10b5-1 trading plan adopted June 15, 2026. Zhao is YY TZ Limited’s sole director and has discretionary authority to vote and dispose of its Agora shares. The October 9 purchase was 5,301 ADSs at a weighted-average price of $4.0780 per ADS; one ADS represents four Class A ordinary shares.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | ADS F1, F2, F21, F4 | 5,301 | $4.078 | $22K |
| Purchase | ADS F1, F2, F20, F4 | 9,956 | $4.0618 | $40K |
| Purchase | ADS F1, F2, F19, F4 | 9,837 | $4.1296 | $41K |
| Purchase | ADS F1, F2, F18, F4 | 9,773 | $4.1933 | $41K |
| Purchase | ADS F1, F2, F17, F4 | 9,713 | $4.1762 | $41K |
| Purchase | ADS F1, F2, F16, F4 | 9,065 | $4.1124 | $37K |
| Purchase | ADS F1, F2, F15, F4 | 9,300 | $4.1307 | $38K |
| Purchase | ADS F1, F2, F14, F4 | 9,633 | $4.1827 | $40K |
| Purchase | ADS F1, F2, F13, F4 | 9,364 | $4.1456 | $39K |
| Purchase | ADS F1, F2, F12, F4 | 9,804 | $4.1434 | $41K |
| Purchase | ADS F1, F2, F11, F4 | 9,525 | $4.2171 | $40K |
| Purchase | ADS F1, F2, F10, F4 | 9,217 | $4.3199 | $40K |
| Purchase | ADS F1, F2, F9, F4 | 9,834 | $4.3311 | $43K |
| Purchase | ADS F1, F2, F8, F4 | 9,924 | $4.332 | $43K |
| Purchase | ADS F1, F2, F7, F4 | 7,447 | $4.2026 | $31K |
| Purchase | ADS F1, F2, F6, F4 | 6,000 | $4.0274 | $24K |
| Purchase | ADS F1, F2, F5, F4 | 9,133 | $4.0571 | $37K |
| Purchase | ADS F1, F2, F3, F4 | 14,559 | $3.9847 | $58K |
| holding | Class A Ordinary Share, par value $0.0001 F4 | -- | -- | -- |
| holding | Class B Ordinary Share, par value $0.0001 F22 | -- | -- | -- |
Footnotes (22)
- F1. One ADS represents four Class A Ordinary Shares, par value $0.0001 per share
- F2. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by YY TZ Limited on June 15, 2026.
- F3. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $3.9700 to $3.9900, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
- F4. The reporting person is the sole director of YY TZ Limited and, as such, has discretionary authority to vote and dispose of the shares held by YY TZ Limited in Agora, Inc.
- F5. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0250 to $4.0800, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
- F6. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0000 to $4.0700, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
- F7. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.1400 to $4.3000, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
- F8. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.2800 to $4.3800, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
- F9. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.2900 to $4.3800, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
- F10. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.2650 to $4.3800, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
- F11. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.1750 to $4.2500, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
- F12. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.1200 to $4.1600, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
- F13. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0850 to $4.1800, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
- F14. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.1400 to $4.2100, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
- F15. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0900 to $4.1500, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
- F16. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0800 to $4.1600, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
- F17. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.1400 to $4.1900, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
- F18. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.1400 to $4.2600, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
- F19. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0600 to $4.1600, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
- F20. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0400 to $4.1500, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
- F21. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0400 to $4.1000, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
- F22. The reporting person is the sole director of Much ado Limited and, as such, has discretionary authority to vote and dispose of the shares held by Much ado Limited in Agora, Inc.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average price financial
ADS financial
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