Four Seasons Education (FEDU) owner Tian Peiqing holds 39.8% of shares (FEDU)

Rhea-AI Filing Summary

Four Seasons Education (Cayman) Inc. disclosure amends beneficial ownership reporting for Tian Peiqing and Four Seasons Education Holdings Limited. The filing shows 8,372,401 ordinary shares held by Four Seasons Education Holdings Limited, 12,500 ordinary shares directly held by Mr. Tian as ADSs, and 612,500 ordinary shares issuable upon options that will vest within 60 days after March 31, 2026. Together these holdings total 8,997,401 ordinary shares, representing approximately 39.8% of 22,614,376 ordinary shares outstanding as of December 31, 2025.

The filing states Mr. Tian is the 100% shareholder of Four Seasons Education Holdings Limited and that, pursuant to Section 13(d), he may be deemed to beneficially own the shares held by that entity. Signatures by Mr. Tian appear on the amendment dated May 13, 2026.

Insights

Corporate Governance Analyst

Major holder disclosure confirms concentrated ownership near 40%.

Four Seasons Education Holdings Limited holds 8,372,401 ordinary shares and Mr. Tian directly and via options controls a combined 8,997,401 ordinary shares, the filing states. The percentage is calculated on 22,614,376 ordinary shares outstanding as of December 31, 2025.

Concentrated ownership at this scale can influence strategic votes and board matters; timing and exercise of the 612,500 option shares that vest within 60 days after March 31, 2026 are documented. Subsequent filings may show any changes in voting or disposition.

Securities Compliance Specialist

Amendment updates Schedule 13G/A ownership particulars and attribution.

The amendment attributes holdings to both the entity and Mr. Tian, citing Section 13(d) treatment. It records the CUSIP 35101A309 and states citizenship/place of organization for the reporting parties.

Filing signatures are dated May 13, 2026. The disclosure lists vesting options and open-market ADS purchases; any material change in holdings should be reflected in future amendments per reporting rules.

Key Figures

Entity-held ordinary shares: 8,372,401 shares Direct ADS ordinary share equivalent: 12,500 shares Option shares vesting: 612,500 shares +4 more

7 metrics

Entity-held ordinary shares 8,372,401 shares held by Four Seasons Education Holdings Limited

Direct ADS ordinary share equivalent 12,500 shares ordinary shares directly held by Mr. Tian as ADSs purchased on the open market

Option shares vesting 612,500 shares ordinary shares underlying options vesting within 60 days after March 31, 2026

Total beneficially owned 8,997,401 shares combined entity, direct ADSs, and vesting options

Shares outstanding (base) 22,614,376 shares outstanding as of December 31, 2025

Beneficial ownership percent 39.8% Mr. Tian's beneficial ownership as of March 31, 2026 calculation

CUSIP 35101A309 Class of securities: Ordinary Shares

Key Terms

beneficial ownership, American depositary share (ADS), Schedule 13G/A

3 terms

beneficial ownership regulatory

"Amount beneficially owned: Represents 8,372,401 ordinary shares ultimately owned"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

American depositary share (ADS) financial

"One American depositary share represents ten ordinary shares"

Schedule 13G/A regulatory

"Form type: SCHEDULE 13G/A (Amendment No. 6)"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

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

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Accepted by SEC EDGAR 05/13/2026 - 06:55 AM Learn about SEC filing dates

FAQ

What percentage of Four Seasons Education (FEDU) does Tian Peiqing beneficially own?

Mr. Tian may be deemed to beneficially own 39.8% of the ordinary shares, based on 22,614,376 ordinary shares outstanding as of December 31, 2025. This figure combines entity holdings, direct ADS holdings, and options set to vest within 60 days after March 31, 2026.

How many shares does Four Seasons Education Holdings Limited hold in FEDU?

Four Seasons Education Holdings Limited holds 8,372,401 ordinary shares, as stated in the amendment. That share count is the entity-owned portion used in calculating Mr. Tian's attributed beneficial ownership under Section 13(d).

What option shares and ADS purchases are included in the reported ownership?

The filing reports 12,500 ordinary shares held by Mr. Tian as ADSs purchased on the open market and 612,500 ordinary shares issuable upon share options that will vest within 60 days after March 31, 2026, both included in the total beneficial ownership.

On what outstanding share base is the ownership percentage calculated?

The percentage is calculated on a base of 22,614,376 ordinary shares outstanding as of December 31, 2025, per the filing. The one-to-ten ADS ratio is stated: one ADS represents ten ordinary shares.

Does the filing indicate Mr. Tian has voting control over these shares?

The filing shows Mr. Tian has reported sole voting and dispositive power over 8,997,401 ordinary shares in the cover data. It also notes that Mr. Tian is the 100% shareholder of the holding entity, which is the basis for attribution under Section 13(d).

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 6)

Four Seasons Education (Cayman) Inc.

(Name of Issuer)

Ordinary Shares

(Title of Class of Securities)

35101A309

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 35101A309

1

Names of Reporting Persons

Four Seasons Education Holdings Limited

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

VIRGIN ISLANDS, BRITISH

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 8,372,401.00
6	Shared Voting Power
7	Sole Dispositive Power 8,372,401.00
8	Shared Dispositive Power

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,372,401.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

37.0 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: Mr. Tian Peiqing is the 100% shareholder of Four Seasons Education Holdings Limited.

SCHEDULE 13G

CUSIP Number(s): 35101A309

1

Names of Reporting Persons

Tian Peiqing

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CHINA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 8,997,401.00
6	Shared Voting Power
7	Sole Dispositive Power 8,997,401.00
8	Shared Dispositive Power

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,997,401.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

39.8 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Four Seasons Education (Cayman) Inc.
(b)	Address of issuer's principal executive offices: Room 1301, Zi'an Building, 309 Yuyuan Road, Jing'an District, Shanghai 200040, China.
Item 2.
(a)	Name of person filing: Four Seasons Education Holdings Limited Tian Peiqing
(b)	Address or principal business office or, if none, residence: The principal business office of Four Seasons Education Holdings Limited and Peiqing Tian is Room 1301, Zi'an Building, 309 Yuyuan Road, Jing'an District, Shanghai 200040, China
(c)	Citizenship: Four Seasons Education Holdings Limited - British Virgin Islands; Tian Peiqing - People's Republic of China
(d)	Title of class of securities: Ordinary Shares
(e)	CUSIP No.: 35101A309
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Represents 8,372,401 ordinary shares ultimately owned by Mr. Tian Peiqing through his wholly-owned company, Four Season Education Holdings Limited, 12,500 ordinary shares directly held by Mr. Tian in the form of ADSs purchased on the open market, and 612,500 ordinary shares underlying the share options owned by Mr. Tian which will vest within 60 days after March 31, 2026. Pursuant to Section 13(d) of the Act, Tian Peiqing may be deemed to have beneficial ownership of the ordinary shares held by Four Seasons Education Holdings Limited.
(b)	Percent of class: The percentage is calculated based upon 22,614,376 ordinary shares outstanding as of December 31, 2025. One American depositary share represents ten ordinary shares. As of March 31, 2026, Mr. Tian Peiqing may be deemed to beneficially own approximately 39.8% of the total ordinary shares outstanding.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See Cover Pages Items 5-9.
	(ii) Shared power to vote or to direct the vote: See Cover Pages Items 5-9.
	(iii) Sole power to dispose or to direct the disposition of: See Cover Pages Items 5-9.
	(iv) Shared power to dispose or to direct the disposition of: See Cover Pages Items 5-9.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Four Seasons Education Holdings Limited

Signature:	/s/ Tian Peiqing
Name/Title:	Authorized Signatory
Date:	05/13/2026

Tian Peiqing

Signature:	/s/ Tian Peiqing
Name/Title:	Tian Peiqing
Date:	05/13/2026

Exhibit Information

Joint Filing Agreement (https://www.sec.gov/Archives/edgar/data/1709819/000156459018001811/pt-ex99_6.htm)