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EpicQuest (EEIQ) director Wilson Craig details stock option grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

EpicQuest Education Group International Ltd director Wilson Craig has filed an initial Form 3 detailing his equity holdings. The filing lists four stock option grants over Ordinary Shares, with exercise prices of $18.5600, $17.2800, $8.5920, and $7.1680, each tied to specific expiration dates through 2035. Craig also directly holds 1,935 Ordinary Shares. A 1-for-16 reverse stock split on February 17, 2026 reduced his share count and proportionally adjusted these equity awards, and all reported amounts reflect that split.

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Insider Wilson Craig
Role Director
Type Security Shares Price Value
holding Stock Option (right to buy) -- -- --
holding Stock Option (right to buy) -- -- --
holding Stock Option (right to buy) -- -- --
holding Stock Option (right to buy) -- -- --
holding Ordinary Shares -- -- --
Holdings After Transaction: Stock Option (right to buy) — 3,750 shares (Direct); Ordinary Shares — 1,935 shares (Direct)
Footnotes (1)
  1. On February 17, 2026, EpicQuest Education Group International Limited (the "Company") effected a 1-for-16 reverse stock split (the "Reverse Stock Split") of the Company's ordinary shares ("Ordinary Shares"). The Reverse Stock Split resulted in a reduction in the number of shares held by the reporting person and proportional adjustments to the Company's outstanding equity awards. Accordingly, all amounts of securities reported in this Form 3 have been adjusted to reflect the Reverse Stock Split. On October 19, 2023, the Reporting Person received stock options to purchase 3,7450 Ordinary Shares pursuant to the 2019 Plan. The stock options vested and became exercisable one year following the grant date. On December 30, 2024, the Reporting Person received stock options to purchase 3,750 Ordinary Shares pursuant to the 2019 Plan. The stock options vested and became exercisable one year following the grant date. On August 6, 2025, the Reporting Person received stock options to purchase 3,750 Ordinary Shares pursuant to the 2019 Plan. The stock options vest and become exercisable one year following the grant date. On October 14, 2025, the Reporting Person received stock options to purchase 9,375 Ordinary Shares pursuant to the 2019 Plan. The stock options vest and become exercisable one year following the grant date.
SEC Form 3
FORM 3UNITED 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
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Wilson Craig

(Last)(First)(Middle)
C/O EPICQUEST EDUC GRP INTL LTD
200 N ST CLAIR ST STE 100

(Street)
TOLEDO OHIO 43604

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026
3. Issuer Name and Ticker or Trading Symbol
EpicQuest Education Group International Ltd [ EEIQ ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
Ordinary Shares1,935(1)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 ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy) (2)10/19/2033Ordinary Shares3,750(1)$18.56(1)D
Stock Option (right to buy) (3)12/30/2034Ordinary Shares3,750(1)$17.28(1)D
Stock Option (right to buy) (4)08/06/2035Ordinary Shares3,750(1)$8.592(1)D
Stock Option (right to buy) (5)10/14/2035Ordinary Shares9,375(1)$7.168(1)D
Explanation of Responses:
1. On February 17, 2026, EpicQuest Education Group International Limited (the "Company") effected a 1-for-16 reverse stock split (the "Reverse Stock Split") of the Company's ordinary shares ("Ordinary Shares"). The Reverse Stock Split resulted in a reduction in the number of shares held by the reporting person and proportional adjustments to the Company's outstanding equity awards. Accordingly, all amounts of securities reported in this Form 3 have been adjusted to reflect the Reverse Stock Split.
2. On October 19, 2023, the Reporting Person received stock options to purchase 3,7450 Ordinary Shares pursuant to the 2019 Plan. The stock options vested and became exercisable one year following the grant date.
3. On December 30, 2024, the Reporting Person received stock options to purchase 3,750 Ordinary Shares pursuant to the 2019 Plan. The stock options vested and became exercisable one year following the grant date.
4. On August 6, 2025, the Reporting Person received stock options to purchase 3,750 Ordinary Shares pursuant to the 2019 Plan. The stock options vest and become exercisable one year following the grant date.
5. On October 14, 2025, the Reporting Person received stock options to purchase 9,375 Ordinary Shares pursuant to the 2019 Plan. The stock options vest and become exercisable one year following the grant date.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Zhenyu Wu, Attorney in Fact03/26/2026
** Signature of Reporting PersonDate
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.
* Form 3: SEC 1473 (03-26)

FAQ

What does Wilson Craig’s Form 3 for EpicQuest (EEIQ) report?

The Form 3 reports Wilson Craig’s existing equity position in EpicQuest, including multiple stock option grants and direct Ordinary Share holdings. It establishes his baseline ownership as a director, without showing any new purchases or sales in this filing.

How many EpicQuest (EEIQ) Ordinary Shares does Wilson Craig hold directly?

Wilson Craig holds 1,935 EpicQuest Ordinary Shares directly as of this Form 3. This figure represents his post–reverse stock split share ownership and does not include additional shares underlying his stock option grants disclosed in the filing.

What stock options in EpicQuest (EEIQ) are listed for Wilson Craig?

The filing lists stock options over Ordinary Shares with exercise prices of $18.5600, $17.2800, $8.5920, and $7.1680, each with expiration dates between 2033 and 2035. These options were granted under the company’s 2019 equity plan and vest on one-year schedules.

Did Wilson Craig buy or sell EpicQuest (EEIQ) shares in this Form 3?

The Form 3 does not show any new purchases or sales by Wilson Craig. It is an initial ownership report, classifying the entries as holdings rather than transactions that change his economic exposure to EpicQuest shares or options.

How did EpicQuest’s reverse stock split affect Wilson Craig’s EEIQ holdings?

EpicQuest completed a 1-for-16 reverse stock split on February 17, 2026, which reduced Wilson Craig’s share count and proportionally adjusted his equity awards. All share and option figures in the Form 3 already reflect this reverse split adjustment.
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