EpicQuest (NASDAQ: EEIQ) CEO exercises RSUs, adds 7,812 shares
Rhea-AI Filing Summary
EpicQuest Education Group International Ltd director and CEO Jianbo Zhang reported routine equity compensation activity. On June 30, 2026, 7,812 restricted stock units converted into the same number of Ordinary Shares at $0.00 per share under a previously granted award, classified as an exercise or conversion of a derivative security.
The RSUs come from a 31,250-unit grant received on October 14, 2025 under the 2019 Plan, vesting in four equal quarterly installments during the fiscal year ended September 30, 2026, with this tranche vesting on June 30, 2026. After the transaction, Zhang holds 183,294 Ordinary Shares directly and is also deemed the beneficial owner of 322,481 Ordinary Shares held indirectly through Wonderland Holdings International Limited.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,812 shares
Net Buy
3 txns
Insider
Zhang Jianbo
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,812 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 7,812 | $0.00 | $0.00 |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 7,812 shares (Direct);
Ordinary Shares — 183,294 shares (Direct);
Ordinary Shares — 322,481 shares (Indirect, By Wonderland Holdings International Limited)
Footnotes (3)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. 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, 7,812 vested on June 30, 2026.
- F3. 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.
Key Figures
RSUs converted: 7,812 shares
Conversion price: $0.00 per share
RSU grant size: 31,250 units
+2 more
5 metrics
RSUs converted
7,812 shares
Restricted stock units converting to Ordinary Shares on June 30, 2026
Conversion price
$0.00 per share
Price for RSUs converting into Ordinary Shares
RSU grant size
31,250 units
Restricted stock unit grant on October 14, 2025 under 2019 Plan
Direct shares after transaction
183,294 shares
Ordinary Shares held directly after June 30, 2026 transaction
Indirect shares via Wonderland
322,481 shares
Ordinary Shares held by Wonderland Holdings International Limited
Key Terms
Restricted Stock Units, derivative security, beneficial owner, indirect ownership
4 terms
Restricted Stock Units financial
"The restricted stock units vest in four equal quarterly installments during the fiscal year ended September 30, 2026."
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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
beneficial owner financial
"Jianbo Zhang is the sole shareholder and director of Wonderland and is deemed to be the beneficial owner of the securities"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
indirect ownership financial
"Shares held by Wonderland Holdings International Limited ("Wonderland")."
FAQ
What insider transaction did EpicQuest (EEIQ) report for CEO Jianbo Zhang?
EpicQuest reported that CEO Jianbo Zhang exercised restricted stock units on June 30, 2026, converting 7,812 RSUs into 7,812 Ordinary Shares at $0.00 per share. This reflects routine equity compensation rather than an open-market stock purchase or sale.
What is the size and vesting schedule of Jianbo Zhang’s RSU grant at EpicQuest (EEIQ)?
Jianbo Zhang received a restricted stock unit grant of 31,250 units on October 14, 2025, under the 2019 Plan. These RSUs vest in four equal quarterly installments during the fiscal year ended September 30, 2026, with 7,812 units vesting on June 30, 2026.
Are Jianbo Zhang’s June 30, 2026 EpicQuest (EEIQ) transactions open-market trades?
No. The June 30, 2026 transactions reflect the exercise and conversion of restricted stock units into Ordinary Shares at $0.00 per share. They represent equity compensation vesting, not open-market buying or selling activity in EpicQuest stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
