Youdao director may sell 21,198 ADSs, ~$353K
Youdao, Inc. (DAO) received a Rule 144 notice from independent director Shum Heung Yeung covering planned sales of ordinary shares represented by ADS.
Rhea-AI Filing Summary
Youdao, Inc. (DAO) received a Rule 144 notice from independent director Shum Heung Yeung covering planned sales of ordinary shares represented by ADS. The notice relates to up to 21,198 ADSs, reported with an aggregate market value of $352,946.70 based on a closing ADS price of $16.65 on August 28. The securities were noted as received as service compensation. Shares outstanding were listed as 118,000,000 ordinary shares as of the notice context, a baseline figure, not the amount being sold. The ADSs are listed on the NYSE, and the notice date is August 31, 2026.
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Key Figures
Key Terms
Rule 144 regulatory
ADS financial
service compensation financial
FAQ
What does the Form 144 filing mean for Youdao, Inc. (DAO)?
How many Youdao (DAO) ADSs are covered by this Form 144 notice?
What is the reported market value of the Youdao (DAO) securities in this Form 144?
How were the Youdao (DAO) ADSs in this Form 144 acquired?
On which exchange are the Youdao (DAO) ADSs in this filing listed?
AI-generated analysis. How Rhea-AI works. Not financial advice.