Gaotu Techedu (NYSE: GOTU) CFO details ADS and RSU holdings
Rhea-AI Filing Summary
Gaotu Techedu Inc. CFO Shen Nan has filed an initial ownership report showing existing equity holdings in the company. The filing lists 460,091 ADSs held directly, plus several batches of RSUs over Class A ordinary shares with a $0.00 exercise price. These RSUs cover 70,667, 32,400, 43,200 and 43,200 underlying Class A ordinary shares, and the footnotes state these RSUs do not have an expiration date. Each footnote also explains that every three ADSs represent two Class A ordinary shares, helping investors understand how the ADS position relates to the underlying equity.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Shen Nan
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | RSU | -- | -- | -- |
| holding | RSU | -- | -- | -- |
| holding | RSU | -- | -- | -- |
| holding | RSU | -- | -- | -- |
| holding | ADSs | -- | -- | -- |
Holdings After Transaction:
RSU — 189,467 shares (Direct);
ADSs — 460,091 shares (Direct)
Footnotes (1)
- Every three ADSs represent two Class A ordinary shares. These RSUs do not have an expiration date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Shen Nan’s Form 3 for Gaotu Techedu (GOTU) show?
The Form 3 shows CFO Shen Nan’s existing equity holdings in Gaotu Techedu. It reports 460,091 ADSs held directly and several RSU awards over Class A ordinary shares with a $0.00 exercise price and no expiration date.
How many ADSs does Gaotu Techedu CFO Shen Nan hold?
The filing reports that CFO Shen Nan holds 460,091 ADSs of Gaotu Techedu directly. This ADS position is separate from his RSU awards over Class A ordinary shares and helps indicate his direct exposure to the company’s listed securities.
Does Shen Nan’s Form 3 show any buy or sell transactions in GOTU stock?
No buy or sell transactions are reported in this Form 3. The entries are classified as holdings with transaction direction marked “unknown,” indicating this filing serves as an initial ownership statement rather than documenting new market trades.
Are Shen Nan’s RSUs in Gaotu Techedu subject to expiration dates?
The footnotes specifically state that these RSUs do not have an expiration date. Each RSU block over Class A ordinary shares carries a $0.00 exercise price, providing continuing potential to receive the underlying shares subject to applicable terms.