Shareholder plans Rule 144 sale of 1,187 ADS in New Oriental (NYSE: EDU)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
New Oriental Education & Technology Group Inc. has a shareholder planning to sell 1,187 ADS, each representing 10 common shares, under Rule 144 on the NYSE. The planned sale has an aggregate market value of $69,973.65, with an approximate sale date of 01/29/2026.
These ADS were acquired on 06/30/2025 through an employee stock option exercise recorded as an RSU vest. The filing states that the person signing does not know of any undisclosed material adverse information about the company’s current or prospective operations.
Positive
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FAQ
What does New Oriental (EDU) disclose in this Form 144 filing?
The filing shows a shareholder plans to sell 1,187 New Oriental ADS under Rule 144. The ADS were acquired via RSU vesting on June 30, 2025, and are intended to be sold on the NYSE around January 29, 2026.
How many New Oriental (EDU) ADS are planned to be sold and where?
The notice covers a proposed sale of 1,187 American Depositary Shares of New Oriental. Each ADS represents 10 common shares, and the planned sales are listed for execution on the NYSE around January 29, 2026.
What is the aggregate market value of the New Oriental (EDU) ADS in this Rule 144 sale?
The planned Rule 144 sale covers New Oriental ADS with an aggregate market value of $69,973.65. This value reflects the total for the 1,187 ADS that the shareholder intends to sell on the NYSE, according to the filing’s securities information table.
When and how were the New Oriental (EDU) ADS being sold under Rule 144 acquired?
The 1,187 New Oriental ADS were acquired on June 30, 2025 through an employee stock option exercise recorded as an RSU vest. The filing lists the issuer as New Oriental Education & Technology Group Inc. as the source of these ADS.
What does the signer of the New Oriental (EDU) Form 144 represent about inside information?
By signing, the person for whose account the ADS are to be sold represents they do not know any material adverse information about New Oriental’s current or prospective operations that has not been publicly disclosed, as required under the form’s standard attestation.