17 Education CEO buys 9,216 ADS at $2.16
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Form Type
4
Rhea-AI Filing Summary
17 Education & Technology Group Inc. (YQ) reported that Chief Executive Officer and director Liu Chang, a more-than-10% owner, indirectly acquired American depositary shares (ADSs) of the company on August 24–26, 2026, through Future Glory Technology Holdings Limited. The acquisitions included a market purchase and small acquisitions under Rule 16a-6, at prices between $2.16 and $2.37 per ADS. Each ADS represents 50 Class A ordinary shares. Liu also reports a separate direct holding of 222 ADSs.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 9,216 shares
Net Buy
4 txns
Insider
Liu Chang
Role
Chief Executive Officer
Bought
9,216 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | American depositary shares F1, F2 | 9,216 | $2.1622 | $20K |
| Small Acquisition | American depositary shares F1, F2 | 1,359 | $2.3302 | $3K |
| Small Acquisition | American depositary shares F1, F2 | 481 | $2.3706 | $1K |
| holding | American depositary shares | -- | -- | -- |
Holdings After Transaction:
American depositary shares — 86,905 shares (Indirect, By Future Glory Technology Holdings Limited);
American depositary shares — 222 shares (Direct)
Footnotes (2)
- F1. Each American depositary share ("ADS") represents fifty (50) Class A ordinary shares, with a par value of US$0.0001 per share, of 17 Education & Technology Group Inc.
- F2. Future Glory Technology Holdings Limited is a British Virgin Islands limited liability company, of which 99% of the equity interest is held by Glory Venture Technology Limited, and the remaining 1% is held by Future Adventures Investment Holdings Limited. Glory Venture Technology Limited, a company incorporated under the laws of British Virgin Islands, is wholly owned by Trident Trust Company (HK) Limited, the trustee of the Sunny Trust. Mr. Andy Chang Liu is the settlor of the Sunny Trust, and he and his family members are its beneficiaries. Future Adventures Investment Holdings Limited is a company incorporated under the laws of British Virgin Islands and wholly owned by Mr. Andy Chang Liu.
Key Figures
ADS purchase on 2026-08-26: 9,216 ADSs at $2.1622 per ADS
Small acquisition on 2026-08-25: 1,359 ADSs at $2.3302 per ADS
Small acquisition on 2026-08-24: 481 ADSs at $2.3706 per ADS
+3 more
6 metrics
ADS purchase on 2026-08-26
9,216 ADSs at $2.1622 per ADS
Indirect market or private purchase via Future Glory Technology Holdings Limited
Small acquisition on 2026-08-25
1,359 ADSs at $2.3302 per ADS
Indirect small acquisition under Rule 16a-6
Small acquisition on 2026-08-24
481 ADSs at $2.3706 per ADS
Indirect small acquisition under Rule 16a-6
Direct holding
222 ADSs
Directly held by Liu Chang as of 2026-08-24
ADS to ordinary share ratio
1 ADS = 50 Class A ordinary shares
Each ADS represents fifty Class A ordinary shares, par value US$0.0001
Par value of Class A ordinary shares
US$0.0001 per share
Par value of each Class A ordinary share represented by the ADSs
Key Terms
American depositary shares, Rule 16a-6, par value, trustee, +2 more
6 terms
Rule 16a-6 regulatory
"transaction_code_description": "Small acquisition under Rule 16a-6""
par value financial
"shares, with a par value of US$0.0001 per share, of 17 Education &"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
trustee financial
"wholly owned by Trident Trust Company (HK) Limited, the trustee of the"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
settlor financial
"Mr. Andy Chang Liu is the settlor of the Sunny Trust, and he and his"
beneficiaries financial
"Sunny Trust, and he and his family members are its beneficiaries. Future"
Beneficiaries are the people or organizations designated to receive benefits, such as money or assets, from a financial arrangement like a trust, insurance policy, or retirement plan. They matter to investors because choosing the right beneficiaries ensures that assets are passed on according to their wishes, providing financial security or support to loved ones when needed. Think of beneficiaries as the intended recipients of a gift or inheritance.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did YQ’s CEO Liu Chang report on this Form 4?
Liu Chang reported indirect acquisitions of ADSs of 17 Education & Technology Group Inc. on August 24–26, 2026, including a market purchase and small acquisitions, all held through Future Glory Technology Holdings Limited, plus a separate direct holding of 222 ADSs.
How many YQ ADSs did Liu Chang acquire on August 26, 2026, and at what price?
On August 26, 2026, Liu Chang, through Future Glory Technology Holdings Limited, purchased 9,216 ADSs of YQ at a price of $2.1622 per ADS in an open-market or private transaction.
What small acquisitions of YQ ADSs did Liu Chang report under Rule 16a-6?
Liu Chang reported two small acquisitions under Rule 16a-6: 1,359 ADSs at $2.3302 per ADS on August 25, 2026, and 481 ADSs at $2.3706 per ADS on August 24, 2026, all held indirectly through Future Glory Technology Holdings Limited.
Does Liu Chang hold YQ ADSs directly as well as indirectly?
Yes. In addition to indirect holdings through Future Glory Technology Holdings Limited, Liu Chang reports a direct holding of 222 ADSs of 17 Education & Technology Group Inc. as of August 24, 2026.
Were Liu Chang’s YQ transactions made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 trading plan checkbox is not checked, and there is no footnote stating that these YQ transactions were made pursuant to a Rule 10b5-1 or similar pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
