Gaotu Techedu (NYSE: GOTU) CEO adds 59,148 ADS in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gaotu Techedu Inc. CEO Chen Xiangdong, through entity Ebetter International Group Limited, made an open-market purchase of 59,148 ADS at an average price of $2.4163 per ADS. Following this transaction, his indirect holdings increased to 7,847,478 ADS.
Each three ADSs represent two Class A ordinary shares, so the filing reflects additional exposure to Gaotu’s equity via American depositary shares rather than direct ordinary share ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 59,148 shares ($142,919)
Net Buy
1 txn
Insider
Chen Xiangdong
Role
CEO
Bought
59,148 shs ($143K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | ADS | 59,148 | $2.4163 | $143K |
Holdings After Transaction:
ADS — 7,847,478 shares (Indirect, Ebetter International Group Limited)
Footnotes (1)
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Key Figures
ADS purchased: 59,148 ADS
Purchase price: $2.4163 per ADS
Indirect holdings after trade: 7,847,478 ADS
+1 more
4 metrics
ADS purchased
59,148 ADS
Open-market purchase on June 17, 2026
Purchase price
$2.4163 per ADS
Average price for the reported transaction
Indirect holdings after trade
7,847,478 ADS
Total ADS indirectly owned after the transaction
ADS-to-share ratio
3 ADS = 2 Class A ordinary shares
Economic equivalence of ADSs to ordinary shares
Key Terms
ADS, open-market purchase, indirect ownership, Class A ordinary shares
4 terms
ADS financial
"Security title is ADS, representing exposure to Class A ordinary shares."
Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.
open-market purchase financial
"The transaction is classified as an open-market purchase of ADS."
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
"Shares are held as indirect ownership through Ebetter International Group Limited."
FAQ
What insider transaction did Gaotu Techedu (GOTU) report on this Form 4?
Gaotu Techedu reported an open-market purchase of 59,148 ADS by an entity associated with CEO Chen Xiangdong. The ADSs were bought at an average price of $2.4163, increasing his indirect ownership position in the company.
At what price did the Gaotu Techedu (GOTU) ADS purchase occur?
The ADS purchase occurred at an average price of $2.4163 per ADS. This price reflects what the associated entity, Ebetter International Group Limited, paid in the open market for the 59,148 ADS acquired in the reported transaction.
How many Gaotu Techedu (GOTU) ADS does the insider hold after this trade?
After the reported purchase, indirect holdings total 7,847,478 ADS. These shares are held through Ebetter International Group Limited and represent CEO Chen Xiangdong’s reported indirect ownership position following the Form 4 transaction.
Who actually holds the Gaotu Techedu (GOTU) ADS purchased in this Form 4 filing?
The ADS are held indirectly through Ebetter International Group Limited, an entity associated with CEO Chen Xiangdong. The Form 4 attributes beneficial ownership to him via this entity rather than direct personal ownership of the ADS.