Gaotu CEO-linked entity buys 167K ADS
Gaotu Techedu Inc. insider reporting shows an entity associated with CEO Chen Xiangdong, Ebetter International Group Limited, made an open-market purchase of 167,051 ADS at $2.5025 per ADS.
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Rhea-AI Filing Summary
Gaotu Techedu Inc. insider reporting shows an entity associated with CEO Chen Xiangdong, Ebetter International Group Limited, made an open-market purchase of 167,051 ADS at $2.5025 per ADS. After this transaction, the entity’s reported holdings increased to 8,014,529 ADS, all reported as indirect ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | ADS | 167,051 | $2.5025 | $418K |
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
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Gaotu Techedu (GOTU) report for Chen Xiangdong?
How many Gaotu Techedu (GOTU) ADS were bought and at what price?
What are Chen Xiangdong’s indirect holdings in Gaotu Techedu (GOTU) after this transaction?
Was the Gaotu Techedu (GOTU) insider trade a buy or a sell?
Is Chen Xiangdong’s Gaotu Techedu (GOTU) position held directly or indirectly?
AI-generated analysis. How Rhea-AI works. Not financial advice.