New Oriental director reports initial ADS holdings
New Oriental Education & Technology Group Inc. director Lee Denny Ting Bun has filed an initial ownership report.
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Share Units | -- | -- | -- |
| holding | ADS | -- | -- | -- |
Footnotes (3)
- F1. Each ADS representing ten underlying common shares.
- F2. 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.
- F3. Each restricted share unit represents a contingent right to receive 1/10 ADS of the Issuer.
FAQ
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What does New Oriental (EDU) director Lee Denny Ting Bun report owning in this Form 3?
Does this New Oriental (EDU) Form 3 show any recent insider buying or selling?
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