Youdao director exercises options, sells 3,997 shares
Youdao, Inc. director Lai Jimmy Y. reported an exercise-and-sell transaction plus a new equity award.
Rhea-AI Filing Summary
Youdao, Inc. director Lai Jimmy Y. reported an exercise-and-sell transaction plus a new equity award. On May 28, 2026, he exercised options for 3,997 Class A ordinary shares at an exercise price of $4.50 per share and sold the same 3,997 shares at a weighted average of $11.5265 per share, leaving 50,221 Class A ordinary shares held directly after the sale.
On May 29, 2026, he also received a time-based RSU award of 11,450 shares, scheduled to vest on June 1, 2027 with no exercise price, bringing his directly held RSUs to 26,002 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 3,997 shares ($0.00 approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
Lai Jimmy Y.
Role
Director
Sold
3,997 shs ($0.00)
Approx. gross sale proceeds
$0.00
Approx. exercise cost
$0.00
Approx. pre-tax spread
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 11,450 | $0.00 | $0.00 |
| Exercise | Option | 3,997 | $0.00 | $0.00 |
| Exercise | Class A Ordinary Shares | 3,997 | $0.00 | $0.00 |
| Sale | Class A Ordinary Shares | 3,997 | $0.00 | $0.00 |
Holdings After Transaction:
Option — 13,201 contracts (Direct);
Class A Ordinary Shares — 50,221 shares (Direct);
Restricted Share Unit — 26,002 shares (Direct)
Footnotes (4)
- F1. Reflects 3,997 option award that exercised (with the exercise price of $4.5 per share) and settled into American Depositary Shares ("ADSs"). This amount represents the ordinary shares underlying the ADSs acquired in connection with such option exercise.
- F2. The weighted average price of the shares sold was 11.5265 USD per share.
- F3. This time-based RSU award (11,450 shares) was granted on May 29, 2026, with no expiration date, subject to the terms and conditions of the underlying award agreement. All of the shares scheduled to be vested on June 1, 2027 with no exercise price.
- F4. The disposed 3,997 option award was granted on January 25, 2021, expiring on January 26, 2027, with the exercise price of $4.5 per share and exercised on May 28, 2026.
Key Figures
Shares sold: 3,997 shares
Sale price: 11.5265 USD per share
Options exercised: 3,997 shares
+5 more
8 metrics
Shares sold
3,997 shares
Class A ordinary shares sold on May 28, 2026
Sale price
11.5265 USD per share
Weighted average price for 3,997 shares sold
Options exercised
3,997 shares
Underlying Class A ordinary shares from option exercise
Option exercise price
$4.5 per share
Exercise price for 3,997-share option award
RSU grant size
11,450 shares
Time-based RSU award granted May 29, 2026
Post-sale share holdings
50,221 shares
Class A ordinary shares held directly after sale
Post-grant RSU holdings
26,002 units
Restricted share units held directly after new grant
RSU vesting date
June 1, 2027
All 11,450 RSUs scheduled to vest
Key Terms
Restricted Share Unit, American Depositary Shares, weighted average price, time-based RSU award, +1 more
5 terms
weighted average price financial
"The weighted average price of the shares sold was 11.5265 USD"
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.
time-based RSU award financial
"This time-based RSU award (11,450 shares) was granted on May 29, 2026"
exercise price financial
"with the exercise price of $4.5 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Lai Jimmy Y. report at Youdao (DAO)?
Lai Jimmy Y. reported an option exercise-and-sale of 3,997 Class A ordinary shares on May 28, 2026, and a grant of 11,450 restricted share units on May 29, 2026, reflecting both a routine sale and a compensation-related equity award.
What options did Lai Jimmy Y. exercise in this Youdao (DAO) Form 4?
He exercised options covering 3,997 underlying Class A ordinary shares at an exercise price of $4.5 per share. The footnotes state these options were originally granted on January 25, 2021 and were exercised on May 28, 2026.
What are Lai Jimmy Y.’s holdings after these Youdao (DAO) transactions?
After the reported sale, he directly holds 50,221 Class A ordinary shares. For restricted share units, his directly held balance is 26,002 units following the new 11,450-share RSU grant disclosed in the same Form 4 filing.
How should investors interpret the Youdao (DAO) insider option exercise and sale?
The Form 4 shows a typical exercise-and-sell pattern: options for 3,997 shares were exercised at $4.5 and the same number of shares sold at 11.5265 USD. This converts an existing option award into cash rather than reflecting a new open-market purchase.
AI-generated analysis. How Rhea-AI works. Not financial advice.
