Four Seasons Education CEO updates insider holdings

Four Seasons Education (Cayman) Inc. director and chief executive officer Zuo Yi updated beneficial ownership information.

Rhea-AI Filing Summary

Four Seasons Education (Cayman) Inc. director and chief executive officer Zuo Yi updated beneficial ownership information. Zuo Yi indirectly holds 582,222 ordinary shares through Harvest Consulting Holding Limited and directly holds 74,179 American depositary shares (ADSs), where each ADS represents ten ordinary shares.

Zuo Yi also holds stock options over ADSs, including options with an $8.00 exercise price expiring on July 3, 2028 for 843 ADSs, options with an $8.00 exercise price expiring on February 5, 2031 for 7,500 ADSs, and options with a $10.00 exercise price expiring on August 12, 2034 for 25,000 ADSs. The latter options vest in four equal annual installments from August 12, 2025 through August 12, 2028.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Zuo Yi

Role Chief Executive Officer

Type	Security	Shares	Price	Value
holding	Stock Option (Right to Buy) F2	--	--	--
holding	Stock Option (Right to Buy) F2	--	--	--
holding	Stock Option (Right to Buy) F3, F2	--	--	--
holding	Ordinary Shares F1	--	--	--
holding	American Depository Shares F2	--	--	--

Holdings After Transaction: Stock Option (Right to Buy) — 33,343 contracts (Direct); Ordinary Shares — 582,222 shares (Indirect, By virtue of its ownership of Harvest Consulting Holding Limited); American Depository Shares — 74,179 shares (Direct)

Footnotes (3)

1. F1. Held by Harvest Consulting Holding Limited, a British Virgin Islands company wholly-owned by the reporting person.
2. F2. Each American depositary share ("ADS") represents ten (10) ordinary shares of Four Seasons Education (Cayman) Inc. (the "Company").
3. F3. The options vest in four equal installments on each of August 12, 2025, August 12, 2026, August 12, 2027, and August 12, 2028, respectively.

Key Figures

Indirect ordinary shares: 582,222 shares Direct ADS holdings: 74,179 ADSs ADS to ordinary share ratio: 1 ADS = 10 ordinary shares +3 more

6 metrics

Indirect ordinary shares 582,222 shares Ordinary shares held via Harvest Consulting Holding Limited

Direct ADS holdings 74,179 ADSs American depositary shares held directly by Zuo Yi

ADS to ordinary share ratio 1 ADS = 10 ordinary shares Each American depositary share represents ten ordinary shares

Option exercise price $8.00 Stock options over ADSs expiring July 3, 2028 and February 5, 2031

Option exercise price $10.00 Stock options over 25,000 ADSs expiring August 12, 2034

Underlying ADSs at $10.00 25,000 ADSs Stock options vesting annually from August 12, 2025 to August 12, 2028

Key Terms

American depositary share, Stock Option (Right to Buy), indirect ownership, vesting in four equal installments

4 terms

American depositary share financial

"Each American depositary share ("ADS") represents ten (10) ordinary shares"

An American Depositary Share (ADS) is a U.S.-listed certificate that represents a specified number of shares in a foreign company, held by a custodian bank; it works like a receipt that allows U.S. investors to buy and trade foreign equity on American exchanges without dealing with another country’s markets. Investors care because ADSs make foreign stocks easier to access, improve liquidity and settlement in dollars, and can affect dividend payments, voting rights and regulatory oversight compared with buying the underlying foreign shares directly.

Stock Option (Right to Buy) financial

"security_title": "Stock Option (Right to Buy)""

indirect ownership financial

"Held by Harvest Consulting Holding Limited, a company wholly-owned by the reporting person"

vesting in four equal installments financial

"The options vest in four equal installments on each of August 12, 2025, 2026, 2027, and 2028"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider role does Zuo Yi hold at Four Seasons Education (FEDU)?

Zuo Yi is reported as a director and chief executive officer of Four Seasons Education (Cayman) Inc. The amended Form 3 updates his beneficial ownership and option holdings in company securities.

How many ordinary shares of FEDU does Zuo Yi indirectly own?

Zuo Yi indirectly owns 582,222 ordinary shares of Four Seasons Education through Harvest Consulting Holding Limited. This British Virgin Islands company is wholly-owned by him, giving him indirect beneficial ownership of those shares.

How many American depositary shares of FEDU does Zuo Yi directly hold?

Zuo Yi directly holds 74,179 American depositary shares (ADSs) of Four Seasons Education. Each ADS represents ten ordinary shares, so these ADSs correspond to a larger number of underlying ordinary shares.

What stock options on FEDU ADSs does Zuo Yi have at a $8.00 exercise price?

Zuo Yi holds stock options on ADSs with an $8.00 exercise price expiring on July 3, 2028 for 843 ADSs and additional options at $8.00 expiring on February 5, 2031 for 7,500 ADSs.

What are the terms of Zuo Yi’s $10.00 stock options in FEDU?

Zuo Yi holds stock options over 25,000 ADSs with a $10.00 exercise price expiring on August 12, 2034. These options vest in four equal installments on August 12 of 2025, 2026, 2027, and 2028.

What is the ADS to ordinary share ratio for FEDU mentioned in the filing?

Each American depositary share (ADS) of Four Seasons Education represents ten ordinary shares. This ratio links Zuo Yi’s ADS holdings and option grants to the equivalent number of underlying ordinary shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/14/2026 - 04:02 PM Accepted by SEC EDGAR 08/14/2026 - 04:00 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Zuo Yi

(Last) (First) (Middle)

309 YUYUAN ROAD

JING'AN DISTRICT

(Street)

SHANGHAI 200040

(City) (State) (Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Four Seasons Education (Cayman) Inc. [ FEDU ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)
03/16/2026

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	582,222	I	By virtue of its ownership of Harvest Consulting Holding Limited(1)
American Depository Shares(2)	74,179	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 Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	07/03/2021	07/03/2028	American Depository Shares(2)	843	$8	D
Stock Option (Right to Buy)	02/05/2025	02/05/2031	American Depository Shares(2)	7,500	$8	D
Stock Option (Right to Buy)	(3)	08/12/2034	American Depository Shares(2)	25,000	$10	D

Explanation of Responses:

1. Held by Harvest Consulting Holding Limited, a British Virgin Islands company wholly-owned by the reporting person.

2. Each American depositary share ("ADS") represents ten (10) ordinary shares of Four Seasons Education (Cayman) Inc. (the "Company").

3. The options vest in four equal installments on each of August 12, 2025, August 12, 2026, August 12, 2027, and August 12, 2028, respectively.

	/s/ Zuo Yi	08/14/2026
	** 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)