Youdao president plans ~$1.15M ADS sale
Youdao, Inc. (DAO) was named as the issuer in a Form 144 notice filed on behalf of its president, Jin Lei.
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Rhea-AI Filing Summary
Youdao, Inc. (DAO) was named as the issuer in a Form 144 notice filed on behalf of its president, Jin Lei. The notice covers planned sales under Rule 144 of 70,047 ordinary shares represented by ADS of Youdao through Citigroup Global Markets.
The filing estimates an aggregate market value of about $1,148,070.33 for the securities, based on a $16.39 ADS closing price on August 31. The class is reported as having 118,000,000 ordinary shares outstanding for Rule 144 calculation purposes. The planned sales may occur beginning around early September 2026 on the NYSE.
Key Figures
Key Terms
Rule 144 regulatory
service compensation financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Youdao, Inc. (DAO) disclose in this Form 144?
How many Youdao (DAO) ADS are planned to be sold under this Form 144?
What is the estimated value of the Youdao (DAO) securities in this Form 144?
What dates and price are associated with the Youdao (DAO) Form 144 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.