Gaotu Techedu CEO reports initial share holdings
Gaotu Techedu Inc. CEO Chen Xiangdong filed an initial Form 3 reporting his ownership in the company.
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Rhea-AI Filing Summary
Gaotu Techedu Inc. CEO Chen Xiangdong filed an initial Form 3 reporting his ownership in the company. The filing shows indirect ownership through Ebetter International Group Limited of 800,000 Class A ordinary shares and 73,305,288 Class B ordinary shares, plus direct ownership of 7,514,529 ADSs.
The footnotes state that every three ADSs represent two Class A ordinary shares, helping readers relate the ADS position to the underlying equity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Class A ordinary shares | -- | -- | -- |
| Holding | Class B ordinary shares | -- | -- | -- |
| Holding | ADSs | -- | -- | -- |
Footnotes (1)
- F1. Every three ADSs represent two Class A ordinary shares.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Chen Xiangdong’s Form 3 filing for Gaotu Techedu (GOTU) show?
What ADS holdings in Gaotu Techedu (GOTU) does the Form 3 disclose?
Does Gaotu Techedu’s Form 3 indicate recent buying or selling by Chen Xiangdong?
AI-generated analysis. How Rhea-AI works. Not financial advice.