YQ CEO-linked entity buys 18,988 ADSs in open market
17 Education & Technology Group Inc. reported insider activity involving American depositary shares (ADSs).
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Form Type
4
Rhea-AI Filing Summary
17 Education & Technology Group Inc. reported insider activity involving American depositary shares (ADSs). An entity associated with Chief Executive Officer Liu Chang, Future Glory Technology Holdings Limited, made an open-market purchase of 18,988 ADSs at $2.1989 per ADS. The filing also shows two small additional acquisitions under Rule 16a-6 and a direct holding of 222 ADSs, indicating both indirect and direct positions in the company’s ADSs.
Insider Trade Summary
Net Buyer: 18,988 shares
Net Buy
3 txns
Insider
Liu Chang
Role
Chief Executive Officer
Bought
18,988 shs ($42K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | American depositary shares | 18,988 | $2.1989 | $42K |
| Small Acquisition | American depositary shares | 1,660 | $2.199 | $4K |
| Small Acquisition | American depositary shares | 42 | $2.15 | $90.30 |
| Holding | American depositary shares | -- | -- | -- |
Holdings After Transaction:
American depositary shares — 22,910 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
Open-market ADS purchase: 18,988 ADSs at $2.1989
Small acquisition July 1: 1,660 ADSs at $2.1990
Small acquisition June 30: 42 ADSs at $2.15
+3 more
6 metrics
Open-market ADS purchase
18,988 ADSs at $2.1989
Indirect purchase by Future Glory Technology Holdings Limited on July 2, 2026
Small acquisition July 1
1,660 ADSs at $2.1990
Transaction coded L under Rule 16a-6, indirect ownership
Small acquisition June 30
42 ADSs at $2.15
Transaction coded L under Rule 16a-6, indirect ownership
Direct ADS holding
222 ADSs
Directly owned as of June 30, 2026
ADS to ordinary share ratio
1 ADS = 50 Class A shares
Structure of 17 Education & Technology Group Inc. ADSs
Net share direction
18,988 ADS net buy
Net effect of reported buy/sell activity in this Form 4
Key Terms
American depositary share, Rule 16a-6, open-market purchase, indirect ownership, +2 more
6 terms
Rule 16a-6 regulatory
"transaction_code_description": "Small acquisition under Rule 16a-6""
open-market purchase financial
"transaction_action": "open-market purchase""
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
"ownership_type": "indirect""
trustee financial
"Trident Trust Company (HK) Limited, the trustee of the Sunny Trust"
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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did 17 Education & Technology Group Inc. (YQ) report in this Form 4?
The Form 4 reports an open-market purchase of 18,988 American depositary shares at $2.1989 per ADS, plus two small acquisitions under Rule 16a-6, and a direct holding entry showing 222 ADSs.
Who is associated with the YQ insider purchases disclosed in this filing?
The purchases are attributed to Future Glory Technology Holdings Limited, an entity associated with CEO Liu Chang through the Sunny Trust structure, rather than to him directly, reflecting indirect ownership of the American depositary shares.
What are the smaller YQ transactions labeled as Rule 16a-6 acquisitions?
Two transactions on June 30 and July 1 are coded “L” for small acquisitions under Rule 16a-6, covering 42 ADSs at $2.15 and 1,660 ADSs at $2.1990, both held indirectly through Future Glory Technology Holdings Limited.
AI-generated analysis. How Rhea-AI works. Not financial advice.
