New Oriental (NYSE: EDU) director discloses ADS and RSU holdings

Rhea-AI Filing Summary

New Oriental Education & Technology Group Inc. director Lee Denny Ting Bun has filed an initial ownership report. The filing shows direct holdings of 76,258 ADS and restricted share units relating to 13,500 ADS. These RSUs were granted on January 26, 2025 and vest in three equal tranches of 4,500 ADS on July 15, 2026, July 15, 2027 and July 15, 2028, subject to continued service. Each ADS represents ten underlying common shares, and each restricted share unit represents a contingent right to receive 1/10 of an ADS.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Lee Denny Ting Bun

Role Director

Type	Security	Shares	Price	Value
holding	Restricted Share Units	--	--	--
holding	ADS	--	--	--

Holdings After Transaction: Restricted Share Units — 13,500 shares (Direct); ADS — 76,258 shares (Direct)

Footnotes (1)

1. Each ADS representing ten underlying common shares. Represents restricted share units granted to the reporting person on January 26, 2025. The restricted share units vest as follows: 4,500 ADSs vest on July 15, 2026, 4,500 ADSs vest on July 15, 2027 and the remaining 4,500 ADSs vest on July 15, 2028, subject to the reporting person's continued service through the applicable vesting dates. The restricted share units have no expiration date. Each restricted share unit represents a contingent right to receive 1/10 ADS of the Issuer.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Lee Denny Ting Bun

(Last) (First) (Middle)

NO. 6 HAI DIAN ZHONG STREET

HAIDIAN DISTRICT

(Street)

BEIJING F4 100080

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/13/2026

3. Issuer Name and Ticker or Trading Symbol
New Oriental Education & Technology Group Inc. [ EDU ]

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

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

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
ADS(1)	76,258	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Units	(2)	(2)	ADS	13,500	(3)	D

Explanation of Responses:

1. Each ADS representing ten underlying common shares.

2. Represents restricted share units granted to the reporting person on January 26, 2025. The restricted share units vest as follows: 4,500 ADSs vest on July 15, 2026, 4,500 ADSs vest on July 15, 2027 and the remaining 4,500 ADSs vest on July 15, 2028, subject to the reporting person's continued service through the applicable vesting dates. The restricted share units have no expiration date.

3. Each restricted share unit represents a contingent right to receive 1/10 ADS of the Issuer.

	Lee Denny Ting Bun	03/13/2026
	** 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 5 (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.

FAQ

What does New Oriental (EDU) director Lee Denny Ting Bun report owning in this Form 3?

Lee Denny Ting Bun reports direct ownership of 76,258 ADS and restricted share units relating to 13,500 ADS. This Form 3 is an initial statement of beneficial ownership, showing his starting equity position as a director of New Oriental Education & Technology Group Inc.

How do the restricted share units vest for New Oriental (EDU) director Lee Denny Ting Bun?

The restricted share units were granted on January 26, 2025 and vest in three equal tranches. 4,500 ADS vest on July 15, 2026, another 4,500 ADS on July 15, 2027, and the remaining 4,500 ADS on July 15, 2028, subject to continued service.

What is the relationship between New Oriental (EDU) ADS and common shares in this filing?

Each ADS referenced in the filing represents ten underlying common shares of New Oriental Education & Technology Group Inc. This means ADS holdings reflect a larger number of common shares, giving investors a clearer sense of the director’s economic exposure through these securities.

How are New Oriental (EDU) restricted share units defined in Lee Denny Ting Bun’s Form 3?

Each restricted share unit represents a contingent right to receive 1/10 of an ADS of the issuer. These units do not have an expiration date and convert into ADS upon vesting, provided the director continues his service through the specified vesting dates.

Does this New Oriental (EDU) Form 3 show any recent insider buying or selling?

The Form 3 does not report any buy or sell transactions. It simply lists existing holdings: 76,258 ADS and restricted share units relating to 13,500 ADS. The transaction summary classifies the entries as holdings with unknown transaction codes and no net buying or selling activity.