51Talk (NYSE: COE) director now holds 1.40M shares after RSU vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
51Talk Online Education Group director Wu Xiaoguang exercised 45,911 Restricted Share Units (RSUs) into the same number of Class A ordinary shares on July 1, 2026. These RSUs were part of a 91,818-unit grant made on July 1, 2024, vesting in two tranches. After this vesting, no shares remain subject to future vesting under this grant, and Wu now directly holds 1,404,198 Class A ordinary shares, which are held in the form of American depositary shares where each ADS represents sixty Class A ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
45,911 shares exercised/converted
Mixed
2 txns
Insider
Wu Xiaoguang
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units (RSUs) | 45,911 | $0.00 | -- |
| Exercise | Class A Ordinary Share, par value US$0.0001 | 45,911 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units (RSUs) — 0 shares (Direct, null);
Class A Ordinary Share, par value US$0.0001 — 1,404,198 shares (Direct, null)
Footnotes (1)
- The Class A ordinary shares are held in the form of American depositary shares. Each American depositary share represents sixty Class A ordinary shares. Represents RSUs granted to the reporting person pursuant to the issuer's share incentive plans. Each RSU represents the contingent right to receive one (1) class A ordinary share of issuer upon vesting. The RSUs were vested on July 1, 2026. The reporting person was granted 91,818 RSUs on July 1, 2024, subject to vesting schedule in two installments of 45,907 on April 1, 2026 and 45,911 July 1, 2026. This Form 4 reports the vesting on June 30, 2026 of the remaining 45,911 RSUs under the grant. Following the vesting reported herein, no Class A ordinary shares remain subject to future vesting under this grant.
Key Figures
RSUs exercised: 45,911 units
Shares held after transaction: 1,404,198 Class A ordinary shares
Original RSU grant size: 91,818 RSUs
+4 more
7 metrics
RSUs exercised
45,911 units
Converted into Class A ordinary shares on July 1, 2026
Shares held after transaction
1,404,198 Class A ordinary shares
Direct ownership following RSU conversion
Original RSU grant size
91,818 RSUs
Granted on July 1, 2024 under share incentive plan
First vesting tranche
45,907 RSUs
Vested on April 1, 2026
Second vesting tranche
45,911 RSUs
Vested on July 1, 2026 and reported in this filing
ADS-to-share ratio
1 ADS : 60 Class A shares
Each American depositary share represents sixty Class A ordinary shares
RSU expiration date
July 1, 2034
Expiration date for the RSUs noted in derivative details
Key Terms
American depositary shares, Restricted Share Units (RSUs), share incentive plans, vesting
4 terms
vesting financial
"The RSUs were vested on July 1, 2026."
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
What did 51Talk (COE) director Wu Xiaoguang report in this Form 4?
Wu Xiaoguang reported exercising 45,911 RSUs into Class A shares. The RSUs, granted under 51Talk’s share incentive plan, vested on July 1, 2026, increasing Wu’s direct holdings to 1,404,198 Class A ordinary shares.
How many 51Talk (COE) RSUs were originally granted to Wu Xiaoguang?
Wu received a grant of 91,818 RSUs on July 1, 2024. The award vested in two installments: 45,907 RSUs on April 1, 2026 and 45,911 RSUs on July 1, 2026, with this Form 4 covering the final vesting portion.
What type of transaction is reported for 51Talk (COE) in this Form 4?
The filing reports a derivative exercise of RSUs into common shares. Code “M” indicates exercise or conversion of a derivative security, here representing RSUs converting into 45,911 Class A ordinary shares, rather than an open-market purchase or sale.
Does Wu Xiaoguang have remaining RSUs from this 51Talk (COE) grant?
No RSUs remain from the July 1, 2024 grant after this vesting. The footnotes state that following the vesting of 45,911 RSUs reported here, no Class A ordinary shares remain subject to future vesting under this specific grant.