Youdao VP sells 6,300 shares after option exercise
Youdao, Inc. Vice President Li Yongwei reported an exercise-and-sell transaction in company shares.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Youdao, Inc. Vice President Li Yongwei reported an exercise-and-sell transaction in company shares. On June 29 and 30, 2026, he exercised options for a total of 6,300 Class A Ordinary Shares at an exercise price of $4.5 per share, then sold the same 6,300 shares in open-market trades at weighted average prices of $11.60 and $12.20. Following these transactions, he holds 3,420 Class A Ordinary Shares directly and retains 20,000 options on the underlying shares.
Insider Trade Summary
Exercise and Sale: 6,300 shares ($0.00 approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Li Yongwei
Role
Vice President
Sold
6,300 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 |
|---|---|---|---|---|
| Exercise | Option | 2,300 | $0.00 | $0.00 |
| Exercise | Class A Ordinary Shares | 2,300 | $0.00 | $0.00 |
| Sale | Class A Ordinary Shares | 2,300 | $0.00 | $0.00 |
| Exercise | Option | 4,000 | $0.00 | $0.00 |
| Exercise | Class A Ordinary Shares | 4,000 | $0.00 | $0.00 |
| Sale | Class A Ordinary Shares | 4,000 | $0.00 | $0.00 |
Holdings After Transaction:
Option — 20,000 contracts (Direct);
Class A Ordinary Shares — 3,420 shares (Direct)
Footnotes (6)
- F1. Reflects 4,000 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 $11.60.
- F3. Reflects 2,300 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.
- F4. The weighted average price of the shares sold was $12.20.
- F5. The disposed 4000 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 June 29, 2026.
- F6. The disposed 2300 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 June 30, 2026.
Key Figures
Shares sold: 6,300 shares
Exercise price: $4.5 per share
Sale price 4,000 shares: $11.60 per share
+3 more
6 metrics
Shares sold
6,300 shares
Total Class A Ordinary Shares sold in June 2026
Exercise price
$4.5 per share
Strike price for 4,000 and 2,300-share option awards
Sale price 4,000 shares
$11.60 per share
Weighted average price for 4,000-share sale
Sale price 2,300 shares
$12.20 per share
Weighted average price for 2,300-share sale
Shares held after
5,720 shares
Direct Class A Ordinary Shares after June 30, 2026
Options remaining
20,000 options
Total options following June 30, 2026 derivative entry
Key Terms
American Depositary Shares, weighted average price, option award, exercise price, +1 more
5 terms
weighted average price financial
"The weighted average price of the shares sold was $11.60."
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.
option award financial
"Reflects 4,000 option award that exercised (with the exercise price of $4.5 per share)"
exercise price financial
"with the exercise price of $4.5 per share and exercised on June 29, 2026."
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.
expiration date financial
"granted on January 25, 2021, expiring on January 26, 2027, with the exercise price"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Youdao (DAO) Vice President Li Yongwei report in this Form 4?
Li Yongwei reported exercising options for 6,300 Class A Ordinary Shares and selling all 6,300 shares in open-market transactions. The filing details exercise prices, sale prices, and his resulting share and option holdings after the transactions.
What was the option exercise price in the Youdao (DAO) insider transaction?
The options were exercised at an exercise price of $4.5 per share. Footnotes explain that 4,000 and 2,300-share option awards, both with a $4.5 strike, were exercised and settled into American Depositary Shares representing the underlying ordinary shares.
Does the Youdao (DAO) vice president still hold options after exercising some awards?
Yes. The derivative transaction table shows 20,000 options remaining following the June 30, 2026 exercise. Earlier footnotes describe the exercised 4,000 and 2,300-share option awards separately from the option balance that continues outstanding.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates