17 Education CEO buys 9,287 ADS of company
Liu Chang, Chief Executive Officer, director and 10% owner of 17 Education & Technology Group Inc., reported purchasing 9,287 American depositary shares (ADS) on 2026-07-21 at $2.1696 per ADS.
Rhea-AI Filing Summary
Liu Chang, Chief Executive Officer, director and 10% owner of 17 Education & Technology Group Inc., reported purchasing 9,287 American depositary shares (ADS) on 2026-07-21 at $2.1696 per ADS. The ADS are held indirectly through Future Glory Technology Holdings Limited, bringing his reported indirect holdings to 44,214 ADS, alongside 222 ADS held directly. Each ADS represents fifty Class A ordinary shares. The filing indicates this trade was not made pursuant to a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9,287 shares
Net Buy
2 txns
Insider
Liu Chang
Role
Chief Executive Officer
Bought
9,287 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | American depositary shares F1, F2 | 9,287 | $2.1696 | $20K |
| holding | American depositary shares | -- | -- | -- |
Holdings After Transaction:
American depositary shares — 44,214 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 purchased: 9,287 ADS
Purchase price per ADS: $2.1696
Indirect ADS holdings after purchase: 44,214 ADS
+3 more
6 metrics
ADS purchased
9,287 ADS
Non-derivative purchase on 2026-07-21
Purchase price per ADS
$2.1696
Price reported for the 9,287 ADS purchase
Indirect ADS holdings after purchase
44,214 ADS
Held through Future Glory Technology Holdings Limited after the transaction
Direct ADS holdings after purchase
222 ADS
Directly held position reported as of 2026-07-21
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
Transaction date
2026-07-21
Date of the reported ADS purchase
Key Terms
American depositary shares, Class A ordinary shares, par value, trustee, +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.
trustee financial
"Glory Venture Technology Limited ... is 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.
settlor financial
"Mr. Andy Chang Liu is the settlor of the Sunny Trust, and he and his family members are its beneficiaries"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Liu Chang buy in 17 Education & Technology Group Inc. (YQ)?
Liu Chang bought 9,287 American depositary shares (ADS) of 17 Education & Technology Group Inc. The non-derivative purchase occurred on 2026-07-21 at a reported price of $2.1696 per ADS, according to his Form 4 insider transaction filing.
At what price were the 17 Education (YQ) ADS purchased by Liu Chang?
The ADS were purchased at a reported price of $2.1696 per share. This non-derivative transaction on 2026-07-21 involved 9,287 ADS of 17 Education & Technology Group Inc., classified as a "Purchase in open market or private transaction."
How many 17 Education (YQ) ADS does Liu Chang now hold indirectly?
Following the transaction, Liu Chang reports 44,214 ADS held indirectly. These American depositary shares are owned through Future Glory Technology Holdings Limited, a British Virgin Islands company connected to the Sunny Trust structure described in the Form 4 footnotes.
Does Liu Chang hold any 17 Education (YQ) ADS directly?
Yes. In addition to his indirect holdings, Liu Chang reports 222 ADS held directly. The Form 4 includes a separate holding entry showing this direct ownership position as of the same 2026-07-21 reporting date.
Was Liu Chang’s 17 Education (YQ) trade under a Rule 10b5-1 trading plan?
The Form 4 indicates the trade was not made under a Rule 10b5-1 trading plan. The document-level 10b5-1 checkbox is marked false, so the reported 9,287-ADS purchase was not executed pursuant to an affirmed pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
