STOCK TITAN

EpicQuest Education (EEIQ) CFO exercises RSUs into 6,250 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

EpicQuest Education Group International Ltd director and CFO WU ZHENYU exercised restricted stock units into ordinary shares. On March 31, 2026, 6,250 restricted stock units converted on a one-for-one basis into 6,250 ordinary shares at a stated price of $0.00 per share.

These units are part of a 25,000-unit restricted stock grant received on October 14, 2025 under the 2019 Plan, vesting in four equal quarterly installments during the fiscal year ended September 30, 2026. Following the transaction, WU holds 86,681 ordinary shares directly and 12,500 restricted stock units.

Positive

  • None.

Negative

  • None.
Insider WU ZHENYU
Role Chief Financial Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 6,250 $0.00 --
Exercise Ordinary Shares 6,250 $0.00 --
Holdings After Transaction: Restricted Stock Units — 12,500 shares (Direct, null); Ordinary Shares — 86,681 shares (Direct, null)
Footnotes (1)
  1. Restricted stock units convert into common stock on a one-for-one basis. On October 14, 2025, the Reporting Person received a restricted stock unit grant of 25,000 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, 6,250 vested on March 31, 2026.
Ordinary shares acquired 6,250 shares RSUs converted into ordinary shares on March 31, 2026
RSU grant size 25,000 units Restricted stock unit grant received on October 14, 2025 under 2019 Plan
RSUs vested 6,250 units Portion of grant that vested on March 31, 2026
Ordinary shares held after 86,681 shares Direct holdings following March 31, 2026 transactions
RSUs outstanding after 12,500 units Restricted stock units remaining following vesting on March 31, 2026
Conversion ratio 1:1 Restricted stock units convert into ordinary shares on a one-for-one basis
Restricted stock units financial
"On October 14, 2025, the Reporting Person received a restricted stock unit grant of 25,000 units under the 2019 Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
one-for-one basis financial
"Restricted stock units convert into common stock on a one-for-one basis."
2019 Plan financial
"the Reporting Person received a restricted stock unit grant of 25,000 units under the 2019 Plan."
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
WU ZHENYU

(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. Issuer Name and Ticker or Trading Symbol
EpicQuest Education Group International Ltd [ EEIQ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares03/31/2026M6,250A(1)86,681D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)03/31/2026M6,250 (2) (2)Ordinary Shares6,250$012,500D
Explanation of Responses:
1. Restricted stock units convert into common stock on a one-for-one basis.
2. On October 14, 2025, the Reporting Person received a restricted stock unit grant of 25,000 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, 6,250 vested on March 31, 2026.
/s/ Zhenyu Wu04/24/2026
** 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 4 (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 4: SEC 1474 (03-26)

FAQ

What insider transaction did EpicQuest (EEIQ) report for WU ZHENYU?

EpicQuest reported that director and CFO WU ZHENYU exercised 6,250 restricted stock units, which converted into 6,250 ordinary shares at a stated price of $0.00 per share on March 31, 2026 under the company’s equity plan.

How many EpicQuest (EEIQ) shares does WU ZHENYU hold after this Form 4?

After the reported transactions, WU ZHENYU directly holds 86,681 ordinary shares of EpicQuest and 12,500 restricted stock units. The restricted stock units represent additional potential ordinary shares, subject to their vesting schedule under the 2019 equity incentive plan.

What is the size and vesting schedule of WU ZHENYU’s EpicQuest (EEIQ) RSU grant?

On October 14, 2025, WU ZHENYU received a grant of 25,000 restricted stock units under the 2019 Plan. These units vest in four equal quarterly installments during the fiscal year ended September 30, 2026, with 6,250 units vesting on March 31, 2026.

At what rate do EpicQuest (EEIQ) restricted stock units convert into shares?

EpicQuest’s restricted stock units for this grant convert into ordinary shares on a one-for-one basis. That means each vested restricted stock unit becomes one ordinary share when it is settled, as reflected in the 6,250 units converting into 6,250 shares.

Did WU ZHENYU buy or sell EpicQuest (EEIQ) shares in the market?

The Form 4 shows an exercise of restricted stock units into ordinary shares, not an open-market purchase or sale. 6,250 units converted into shares at a stated price of $0.00, reflecting equity compensation vesting rather than trading activity.