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TAL Education Group (NYSE: TAL) CFO sells 30,000 ADS in Rule 144 trade

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

TAL Education Group President and Chief Financial Officer Alex Zhuangzhuang Peng sold 30,000 American Depositary Shares (ADSs) on August 3, 2026 at a weighted average price of $12.281 per ADS in broker-assisted transactions pursuant to Rule 144. Following this sale, he directly holds 15,144 ADSs. Each three ADSs represent one Class A common share with a par value of $0.001 per share.

Positive

  • None.

Negative

  • None.
Insider PENG ALEX ZHUANGZHUANG
Role See Remarks
Sold 30,000 shs ($368K)
Type Security Shares Price Value
Sale American Depositary Shares F1, F2, F3 30,000 $12.281 $368K
Holdings After Transaction: American Depositary Shares — 15,144 shares (Direct)
Footnotes (3)
  1. F1. Each three American Depositary Shares ("ADSs") represent one Class A common share, with a par value of $0.001 per share, of the Issuer.
  2. F2. This transaction is in connection with a sale pursuant to Rule 144 of the Securities Act of 1933, as amended, through a broker-dealer.
  3. F3. The price reported in Column 4 is a weighted average price. These ADSs were sold in multiple transactions at prices denominated in US dollars ranging from $12.090 to $12.430 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Shares sold 30,000 American Depositary Shares Sale of ADSs on 2026-08-03 by the President and CFO
Weighted average sale price $12.281 per ADS Weighted average price for ADSs sold on 2026-08-03
Sale price range $12.090 to $12.430 per ADS Price range of multiple transactions comprising the reported sale
Shares held after sale 15,144 American Depositary Shares Direct holdings of the CFO following the August 3, 2026 transactions
ADS to Class A share ratio 3 ADSs = 1 Class A common share Each three ADSs represent one Class A common share of TAL Education Group
Par value per Class A common share $0.001 per share Par value of the underlying Class A common shares represented by ADSs
American Depositary Shares financial
"30,000 American Depositary Shares (ADSs) sold on August 3, 2026"
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
Rule 144 regulatory
"sale pursuant to Rule 144 of the Securities Act of 1933"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
weighted average price financial
"The price reported is a weighted average price for the ADSs sold"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did TAL Education Group (TAL) report for its CFO?

TAL Education Group’s President and CFO Alex Zhuangzhuang Peng sold 30,000 ADSs on August 3, 2026. The sale was executed through a broker-dealer pursuant to Rule 144 at a weighted average price of $12.281 per ADS.

At what prices were the TAL (TAL) ADS sales by the CFO executed?

The reported weighted average sale price was $12.281 per ADS. According to the disclosure, individual trade prices for these TAL ADSs ranged from $12.090 to $12.430, all denominated in U.S. dollars and executed through a broker-dealer.

How many TAL (TAL) ADSs does the CFO hold after the reported sale?

After selling 30,000 ADSs, the CFO directly holds 15,144 ADSs of TAL Education Group. This figure reflects his position following the August 3, 2026 transactions disclosed in the insider report for American Depositary Shares.

What is the relationship between TAL (TAL) ADSs and Class A common shares?

Each three ADSs of TAL Education Group represent one Class A common share with a par value of $0.001 per share. Investors thus gain exposure to underlying Class A shares through the American Depositary Shares structure.

Under which rule were the TAL (TAL) insider sales carried out?

The CFO’s 30,000 ADS sale was conducted pursuant to Rule 144 of the Securities Act of 1933. The transactions were executed through a broker-dealer, indicating reliance on Rule 144 resale provisions for these TAL Education Group ADSs.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
PENG ALEX ZHUANGZHUANG

(Last)(First)(Middle)
TAL BLDG NO.1, CTYD NO.9, QIXIN MID ST

(Street)
BEIJINGBEIJING102200

(City)(State)(Zip)

CHINA

(Country)
2. Issuer Name and Ticker or Trading Symbol
TAL Education Group [ TAL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
American Depositary Shares(1)08/03/2026S(2)30,000D$12.281(3)15,144D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Each three American Depositary Shares ("ADSs") represent one Class A common share, with a par value of $0.001 per share, of the Issuer.
2. This transaction is in connection with a sale pursuant to Rule 144 of the Securities Act of 1933, as amended, through a broker-dealer.
3. The price reported in Column 4 is a weighted average price. These ADSs were sold in multiple transactions at prices denominated in US dollars ranging from $12.090 to $12.430 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Remarks:
President and Chief Financial Officer
/s/ Jackson Ding, attorney-in-fact for PENG ALEX ZHUANGZHUANG08/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)