51Talk director Jimmy Y. Lai acquires 23,505 shares

The remaining 70,515 shares are scheduled to vest in three quarterly installments ending July 1, 2027.

Rhea-AI Filing Summary

51Talk Online Education Group director Jimmy Y. Lai received 94,020 restricted share units (RSUs) on July 1, 2026, vesting in four quarterly installments. On October 1, 2026, 23,505 RSUs vested and he acquired 23,505 Class A ordinary shares. After that vesting, 70,515 shares from the grant remained subject to future vesting. His reported direct holdings after the share acquisition were 3,005,741 Class A ordinary shares.

Insider Trade Summary

23,505 shares exercised/converted

Exercise 3 txns

Insider Lai Jimmy Y.

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Share Units (RSUs) F2, F4, F5	23,505	$0.00	$0.00
Exercise	Class A Ordinary Share, par value US$0.0001 F1	23,505	$0.00	$0.00
Grant/Award	Restricted Share Units (RSUs) F2, F3	94,020	$0.00	$0.00

Holdings After Transaction: Restricted Share Units (RSUs) — 70,515 contracts (Direct); Class A Ordinary Share, par value US$0.0001 — 3,005,741 shares (Direct)

Footnotes (5)

1. F1. The Class A ordinary shares are held in the form of American depositary shares ("ADS"). Each ADS represents sixty Class A ordinary shares.
2. F2. Represents restricted share units ("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 the issuer upon vesting.
3. F3. The reporting person was granted 94,020 RSUs on July 1, 2026 and subject to a vesting schedule in four equal quarterly installments of 23,505 RSUs on October 1, 2026, January 1, 2027, April 1, 2027 and July 1, 2027, respectively.
4. F4. The RSUs vested on October 1, 2026.
5. F5. The reporting person was granted 94,020 RSUs on July 1, 2026, which vest in four equal quarterly installments of 23,505 RSUs on October 1, 2026, January 1, 2027, April 1, 2027 and July 1, 2027, respectively. Following the vesting reported herein, 70,515 Class A ordinary shares remain subject to future vesting under this grant.

Key Figures

RSUs granted: 94,020 RSUs Quarterly vesting installment: 23,505 RSUs Shares acquired upon vesting: 23,505 Class A ordinary shares +2 more

5 metrics

RSUs granted 94,020 RSUs Granted July 1, 2026

Quarterly vesting installment 23,505 RSUs Each installment in the grant's four-installment schedule

Shares acquired upon vesting 23,505 Class A ordinary shares October 1, 2026

Reported direct holdings after transaction 3,005,741 Class A ordinary shares After the October 1, 2026 share acquisition

Shares remaining subject to future vesting 70,515 Class A ordinary shares Following the October 1, 2026 vesting

Key Terms

Restricted share units (RSUs), vesting schedule, American depositary shares (ADS)

3 terms

Restricted share units (RSUs) financial

"Represents restricted share units ("RSUs") granted to the reporting person"

Restricted share units (RSUs) are a form of employee pay where a company promises to give shares (or their cash value) to workers after certain conditions, usually time or performance, are met. For investors, RSUs matter because they can increase the number of shares outstanding and signal how management is being paid and incentivized—think of them as delayed bonuses that convert into ownership when vesting conditions are satisfied.

vesting schedule financial

"subject to a vesting schedule in four equal quarterly installments"

A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.

American depositary shares (ADS) financial

"held in the form of American depositary shares ("ADS")"

American depositary shares (ADS) are a way for investors in the United States to buy shares of foreign companies without dealing with the complexities of international markets. They represent ownership in a foreign company's stock and are traded on U.S. exchanges, making it easier and more convenient for Americans to invest internationally. ADSs allow investors to diversify their portfolios with foreign companies while using familiar trading platforms.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did COE director Jimmy Y. Lai receive from RSU vesting?

Jimmy Y. Lai acquired 23,505 Class A ordinary shares on October 1, 2026, when 23,505 RSUs vested. His reported direct holdings afterward were 3,005,741 Class A ordinary shares.

What is the vesting schedule for Jimmy Y. Lai's COE RSUs?

The 94,020 RSUs granted July 1, 2026 vest in four equal quarterly installments of 23,505 RSUs on October 1, 2026, January 1, 2027, April 1, 2027 and July 1, 2027.

How many Class A shares does each COE ADS represent?

Each American depositary share represents 60 Class A ordinary shares.

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

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Available on EDGAR 10/26/2026 - 09:24 PM EDT Accepted by SEC EDGAR 10/26/2026 - 09:22 PM EDT Learn about SEC filing dates

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^*

Lai Jimmy Y.

(Last) (First) (Middle)

6 SHENTON WAY, #38-01 OUE DOWNTOWN

(Street)

SINGAPORE U0 068809

(City) (State) (Zip)

SINGAPORE

(Country)

2. Issuer Name and Ticker or Trading Symbol
51Talk Online Education Group [ COE ]

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)
07/01/2026

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
Class A Ordinary Share, par value US$0.0001(1)	10/01/2026		M		23,505	A	$0	3,005,741	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
Restricted Share Units (RSUs)	(2)	07/01/2026		A			94,020	(3)	07/01/2036	Class A Ordinary Share, par value US$0.0001	94,020	$0	94,020	D
Restricted Share Units (RSUs)	(2)	10/01/2026		M			23,505	(4)	07/01/2036	Class A Ordinary Share, par value US$0.0001	23,505	$0	70,515(5)	D

Explanation of Responses:

1. The Class A ordinary shares are held in the form of American depositary shares ("ADS"). Each ADS represents sixty Class A ordinary shares.

2. Represents restricted share units ("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 the issuer upon vesting.

3. The reporting person was granted 94,020 RSUs on July 1, 2026 and subject to a vesting schedule in four equal quarterly installments of 23,505 RSUs on October 1, 2026, January 1, 2027, April 1, 2027 and July 1, 2027, respectively.

4. The RSUs vested on October 1, 2026.

5. The reporting person was granted 94,020 RSUs on July 1, 2026, which vest in four equal quarterly installments of 23,505 RSUs on October 1, 2026, January 1, 2027, April 1, 2027 and July 1, 2027, respectively. Following the vesting reported herein, 70,515 Class A ordinary shares remain subject to future vesting under this grant.

	/s/ Jimmy Lai	10/26/2026
	** 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)