Four Seasons Education (NYSE: FEDU) files Form 144 for 6,250 ADS sale
Rhea-AI Filing Summary
Four Seasons Education Cayman Inc. insider plans to sell American Depositary Shares (ADS) under Rule 144. The notice covers a proposed sale of 6,250 ADS through Citigroup Global Markets on the NYSE, with an aggregate market value of $83,437.50. The ADS relate to an issuer with 22,600,576 shares outstanding, giving a sense of the issuer’s overall equity base.
The securities were acquired on the same date as the planned sale via a cashless exercise under the company’s 2017 Share Incentive Plan, and are treated as compensation. The filer represents that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.
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