Youdao SVP sells 6,750 ADS at $14.97

A senior vice president at Youdao, Inc. sold 6,750 ADS-equivalent Class A shares from vested RSUs at a weighted average price of about $15.

Rhea-AI Filing Summary

Youdao, Inc. (DAO) reported that Senior Vice President Wu Yinghui sold 6,750 Class A ordinary shares on September 9, 2026, in the form of American Depositary Shares. The shares came from restricted stock units that vested and settled into ADSs, and the weighted average sale price was $14.9665 per ADS. Following this transaction, Wu held 12,000 Class A ordinary shares directly. No Rule 10b5-1 trading plan is reported for this sale.

Insider Trade Summary

Net Seller: 6,750 shares

Net Sell 1 txn

Insider Wu Yinghui

Role Senior Vice President

Sold 6,750 shs

Type	Security	Shares	Price	Value
Sale	Class A Ordinary Shares F1, F2	6,750	--	--

Holdings After Transaction: Class A Ordinary Shares — 12,000 shares (Direct)

Footnotes (2)

1. F1. Reflects 6,750 RSU that vested and settled into American Depositary Shares ("ADSs"). This amount represents the ordinary shares underlying the ADSs acquired in connection with such vest.
2. F2. The weighted average price of the shares sold (in the form of ADS) was $14.9665.

Key Figures

Shares sold: 6,750 shares Weighted average sale price: $14.9665 per ADS Shares held after transaction: 12,000 shares +1 more

4 metrics

Shares sold 6,750 shares Class A ordinary shares sold on September 9, 2026, in ADS form

Weighted average sale price $14.9665 per ADS Price for the shares sold in the form of American Depositary Shares

Shares held after transaction 12,000 shares Directly held Class A ordinary shares following the sale

Role of reporting person Senior Vice President Position held at Youdao, Inc. by the reporting insider

Key Terms

restricted stock units, American Depositary Shares, weighted average price

3 terms

restricted stock units financial

"Reflects 6,750 RSU that vested and settled into American Depositary Shares"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

American Depositary Shares financial

"vested and settled into American Depositary Shares ("ADSs")"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

weighted average price financial

"The weighted average price of the shares sold (in the form of ADS) was $14.9665."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

FAQ

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

What insider transaction did Youdao (DAO) disclose for Senior Vice President Wu Yinghui?

Youdao disclosed that Senior Vice President Wu Yinghui sold 6,750 Class A ordinary shares on September 9, 2026, in the form of American Depositary Shares, following the vesting and settlement of restricted stock units.

At what price were the Youdao (DAO) shares sold in this Form 4 filing?

The shares were sold at a weighted average price of $14.9665 per American Depositary Share, as stated in the footnote describing the transaction.

How many Youdao (DAO) shares does Wu Yinghui hold after the reported sale?

After the reported sale, Wu Yinghui holds 12,000 Class A ordinary shares of Youdao, Inc. directly.

Were the Youdao (DAO) shares sold by Wu Yinghui part of a vesting event?

Yes. The filing states that the 6,750 shares reflect restricted stock units that vested and settled into American Depositary Shares, and those ADSs, representing the underlying ordinary shares, were then sold.

Was the Youdao (DAO) insider sale made under a Rule 10b5-1 trading plan?

No. The filing indicates that no Rule 10b5-1 trading plan is associated with this transaction, and the footnotes do not describe any pre-arranged trading plan.

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

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Available on EDGAR 09/11/2026 - 06:16 AM Accepted by SEC EDGAR 09/11/2026 - 06:16 AM 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^*

Wu Yinghui

(Last) (First) (Middle)

BUILDING NO. 7, WEST ZONE, NO. 10 YARD

XIBEIWANG EAST ROAD, HAIDIAN DISTRICT

(Street)

BEIJING 100193

(City) (State) (Zip)

CHINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Youdao, Inc. [ DAO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior Vice President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/09/2026

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 Shares(1)	09/09/2026		S		6,750	D	(2)	12,000	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

Explanation of Responses:

1. Reflects 6,750 RSU that vested and settled into American Depositary Shares ("ADSs"). This amount represents the ordinary shares underlying the ADSs acquired in connection with such vest.

2. The weighted average price of the shares sold (in the form of ADS) was $14.9665.

	/s/ Liting Ren, as attorney in fact for Wu Yinghui	09/11/2026
	** 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)