Gaotu CEO buys 73,801 ADSs in open market
Gaotu Techedu Inc. CEO Chen Xiangdong, through entity Ebetter International Group Limited, reported an open-market purchase of 73,801 ADSs of Gaotu Techedu at an average price of $2.2757 per ADS.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Gaotu Techedu Inc. CEO Chen Xiangdong, through entity Ebetter International Group Limited, reported an open-market purchase of 73,801 ADSs of Gaotu Techedu at an average price of $2.2757 per ADS. Following this transaction, indirect holdings rose to 7,788,330 ADSs, indicating a larger continued stake in the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | ADS | 73,801 | $2.2757 | $168K |
Footnotes (1)
- F1. Every three ADSs represent two Class A ordinary shares.
Key Figures
Key Terms
ADS financial
open-market purchase financial
indirect ownership financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Gaotu Techedu (GOTU) report on this Form 4?
Was the Gaotu Techedu (GOTU) Form 4 transaction a buy or a sell?
How many Gaotu Techedu (GOTU) ADSs does Chen Xiangdong own after this trade?
At what price were the Gaotu Techedu (GOTU) ADSs purchased in this Form 4?
Is the Gaotu Techedu (GOTU) CEO’s ownership direct or indirect in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.