Youdao insider files Form 144 for 8,000 ADS sale via Citigroup

Rhea-AI Filing Summary

Youdao, Inc. (DAO) filed a Form 144 declaring a proposed sale of 8,000 ordinary shares represented by ADS through Citigroup Global Markets on 09/24/2025. The filing shows an aggregate market value of $75,040 for the shares and reports 117,000,000 shares outstanding. The securities were acquired on 09/24/2025 as service compensation from Youdao Inc., and no securities were sold in the past three months. The filer affirms no undisclosed material adverse information.

Insights

Financial Analyst

TL;DR: Small, routine insider sale is disclosed; not likely material relative to the company's outstanding shares.

The filing reports the proposed sale of 8,000 ADS valued at $75,040 against 117 million shares outstanding, representing a de minimis fraction of the outstanding base. The shares were acquired as service compensation on the same date as the intended sale, which suggests a planned disposition of recently issued compensatory securities. No prior sales in the past three months are reported, and the broker is Citigroup Global Markets.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 144 requirements; signer certifies lack of undisclosed material information.

The Form 144 contains required elements: title class, broker, number of shares, market value, acquisition date and nature (service compensation), and a representation regarding material information. From a governance perspective, the filing is procedurally complete and signals adherence to reporting obligations for insiders disposing of restricted or control securities.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
ORDINARY SHARES REPRESENTED BY ADS	CITIGROUP GLOBAL MARKETS 390 GREENWICH ST NEW YORK NY 10013	8000	75040.00	117000000	09/24/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
ORDINARY SHARES REPRESENTED AS ADS	09/24/2025	SERVICE COMPENSATION	YOUDAO INC			8000	09/24/2025	NA

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What securities does Youdao, Inc. (DAO) propose to sell in the Form 144?

The filer proposes to sell 8,000 ordinary shares represented by ADS.

When is the approximate date of the proposed sale listed in the Form 144?

The approximate date of sale is 09/24/2025.

What is the aggregate market value of the securities to be sold?

The filing reports an aggregate market value of $75,040.

How were the securities acquired according to the filing?

The securities were acquired on 09/24/2025 as service compensation from Youdao Inc.

Which broker is named to execute the sale?

The named broker is Citigroup Global Markets (390 Greenwich St, New York, NY).