17 Education CEO buys 10,000 ADS at $2.38
YQ’s CEO and major shareholder Liu Chang increased his stake with a 10,000-ADS open-market purchase held mainly through an affiliated entity.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
17 Education & Technology Group Inc. (YQ) reported that Chief Executive Officer and director Liu Chang, also a more than ten percent owner, purchased 10,000 American depositary shares (ADSs) on September 3, 2026 at $2.3788 per ADS through an entity, Future Glory Technology Holdings Limited. Following this transaction, Liu Chang held 112,848 ADSs indirectly via that entity and 222 ADSs directly. Each ADS represents 50 Class A ordinary shares with a par value of $0.0001 per share.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 10,000 shares
Net Buy
2 txns
Insider
Liu Chang
Role
Chief Executive Officer
Bought
10,000 shs ($24K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | American depositary shares F1, F2 | 10,000 | $2.3788 | $24K |
| holding | American depositary shares | -- | -- | -- |
Holdings After Transaction:
American depositary shares — 112,848 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
ADSs purchased: 10,000 ADSs
Purchase price per ADS: $2.3788 per ADS
Indirect ADS holdings after transaction: 112,848 ADSs
+3 more
6 metrics
ADSs purchased
10,000 ADSs
Purchase of American depositary shares on September 3, 2026
Purchase price per ADS
$2.3788 per ADS
Price reported for the 10,000 ADS purchase on September 3, 2026
Indirect ADS holdings after transaction
112,848 ADSs
ADSs held indirectly via Future Glory Technology Holdings Limited after the reported purchase
Direct ADS holdings after transaction
222 ADSs
ADSs held directly by Liu Chang as a separate holding entry
ADS to Class A ordinary share ratio
1 ADS : 50 Class A ordinary shares
Each ADS represents fifty Class A ordinary shares with par value US$0.0001
Par value per Class A ordinary share
US$0.0001 per share
Par value of each Class A ordinary share represented by the ADSs
Key Terms
American depositary shares, Class A ordinary shares, par value, settlor, +1 more
5 terms
par value financial
"Class A ordinary shares, with a par value of US$0.0001 per share"
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.
settlor financial
"Mr. Andy Chang Liu is the settlor of the Sunny Trust"
trustee financial
"wholly owned by 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did YQ report for CEO Liu Chang on this Form 4?
Liu Chang reported a purchase of 10,000 American depositary shares of 17 Education & Technology Group Inc. on September 3, 2026, characterized as a purchase in an open market or private transaction through an affiliated entity.
How many YQ ADSs does Liu Chang hold after this reported transaction?
After the reported transaction, Liu Chang held 112,848 ADSs indirectly through Future Glory Technology Holdings Limited and 222 ADSs directly, according to the post-transaction ownership entries in the Form 4 data.
How is Liu Chang’s ownership in YQ structured through Future Glory Technology Holdings Limited?
Future Glory Technology Holdings Limited is a British Virgin Islands company whose equity is 99% held by Glory Venture Technology Limited and 1% by Future Adventures Investment Holdings Limited. Footnotes state that Liu Chang is the settlor and a beneficiary of the related Sunny Trust and wholly owns Future Adventures Investment Holdings Limited.
AI-generated analysis. How Rhea-AI works. Not financial advice.
