EpicQuest (EEIQ) CEO Jianbo Zhang details share, option and RSU holdings

Rhea-AI Filing Summary

EpicQuest Education Group International Ltd filed an initial statement of beneficial ownership for Chief Executive Officer Jianbo Zhang. The filing shows direct holdings of 167,669 Ordinary Shares and an additional 322,481 Ordinary Shares held indirectly through Wonderland Holdings International Limited, which Zhang wholly owns and controls.

The filing also lists several stock option grants under the 2019 Equity Incentive Plan, covering underlying amounts of 9,375, 3,125, 3,125, 31,250, 31,250, and 78,125 Ordinary Shares at exercise prices ranging from $7.1680 to $65.6000, with expirations between 2031 and 2035. In addition, Zhang holds 23,437 restricted stock units tied to Ordinary Shares. All reported amounts reflect a 1-for-16 reverse stock split of the Ordinary Shares effective February 17, 2026, which reduced share counts and proportionally adjusted outstanding equity awards.

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^*

Zhang Jianbo

(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)

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

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)
Ordinary Shares	167,669(1)	D
Ordinary Shares	322,481(1)	I	By Wonderland Holdings International Limited(2)

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
Stock Option (right to buy)	(3)	11/01/2031	Ordinary Shares	9,375(1)	$65.6(1)	D
Stock Option (right to buy)	(4)	11/01/2031	Ordinary Shares	3,125(1)	$65.6(1)	D
Stock Option (right to buy)	(5)	10/01/2032	Ordinary Shares	3,125(1)	$15.488(1)	D
Stock Option (right to buy)	(6)	10/19/2033	Ordinary Shares	31,250(1)	$18.56(1)	D
Stock Option (right to buy)	(7)	08/06/2035	Ordinary Shares	31,250(1)	$8.592(1)	D
Stock Option (right to buy)	(8)	10/14/2035	Ordinary Shares	78,125(1)	$7.168(1)	D
Restricted Stock Units	(9)	(9)	Ordinary Shares	23,437(1)	$0(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. Shares held by Wonderland Holdings International Limited ("Wonderland"). Jianbo Zhang is the sole shareholder and director of Wonderland and is deemed to be the beneficial owner of the securities held by Wonderland.

3. On November 1, 2021, the Reporting Person received stock options to purchase 9,375 ordinary shares ("Ordinary Shares") of EpicQuest Education Group International Limited ("Company") pursuant to the 2019 Equity Incentive Plan (the "2019 Plan"). As of the filing of this report, all of these stock options have vested.

4. On October 1, 2022, the Reporting Person received stock options to purchase 3,125 Ordinary Shares pursuant to the 2019 Plan. As of the filing of this report, all of these stock options have vested.

5. On December 30, 2022, the Reporting Person received stock options to purchase 3,125 Ordinary Shares pursuant to the 2019 Plan. The stock options vest and become exercisable in four equal installments on the first calendar day of each full fiscal quarter under the 2019 Plan. As of the filing of this report, all of these stock options have vested.

6. On October 19, 2023, the Reporting Person received stock options to purchase 31,250 Ordinary Shares pursuant to the 2019 Plan. The stock options vest and become exercisable in four annual installments on the 19th day of October. As of the filing of this report, 180,000 of these stock options have vested.

7. On August 6, 2025, the Reporting Person received stock options to purchase 31,250 Ordinary Shares pursuant to the 2019 Plan. The stock options are fully vested.

8. On October 14, 2025, the Reporting Person received stock options to purchase 78,125 Ordinary Shares pursuant to the 2019 Plan. The stock options are fully vested.

9. On October 14, 2025, the Reporting Person received a restricted stock unit grant of 31,250 units under the 2019 Plan. The restricted stock units vest in four equal quarterly installments during the fiscal year ended September 30, 2026. Of these restricted stock units, 7,813 vested on December 31, 2025, and are not reflected on Table II.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Zhenyu Wu, Attorney in Fact	03/18/2026
	** 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.
* Form 3: SEC 1473 (03-26)

FAQ

What insider holdings does EEIQ CEO Jianbo Zhang report on this Form 3?

Jianbo Zhang reports direct ownership of 167,669 Ordinary Shares and indirect ownership of 322,481 Ordinary Shares through Wonderland Holdings International Limited. He also holds multiple stock options and 23,437 restricted stock units tied to EpicQuest Education Group International Ltd Ordinary Shares.

How many EpicQuest (EEIQ) shares are held indirectly through Wonderland Holdings?

The filing shows 322,481 Ordinary Shares held indirectly through Wonderland Holdings International Limited. Jianbo Zhang is the sole shareholder and director of Wonderland and is deemed the beneficial owner of the EpicQuest Education Group International Ltd securities held by that entity.

What stock options does EEIQ CEO Jianbo Zhang hold according to the Form 3?

Jianbo Zhang holds several stock option grants covering 9,375, 3,125, 3,125, 31,250, 31,250 and 78,125 underlying Ordinary Shares. Exercise prices range from $7.1680 to $65.6000, with expiration dates between 2031 and 2035 under the 2019 Equity Incentive Plan.

How many restricted stock units does EEIQ’s CEO report on this Form 3?

The filing lists 23,437 restricted stock units tied to EpicQuest’s Ordinary Shares. These RSUs come from a larger grant, where a portion has already vested and is no longer shown in the derivative table, leaving 23,437 units reflected as outstanding.

What reverse stock split does EpicQuest (EEIQ) reference in this insider filing?

EpicQuest effected a 1-for-16 reverse stock split of its Ordinary Shares on February 17, 2026. The split reduced the number of shares held and triggered proportional adjustments to outstanding equity awards, so all Form 3 share and option amounts are adjusted to reflect this change.

Is EpicQuest CEO Jianbo Zhang’s Form 3 a record of new insider buying or selling?

This Form 3 is an initial statement of beneficial ownership, not a record of new purchases or sales. It details Jianbo Zhang’s existing holdings in Ordinary Shares, stock options, and restricted stock units after the reverse stock split adjustment, without reporting open-market transactions.