17 Education CEO-linked entity buys 5,830 ADS
Rhea-AI Filing Summary
17 Education & Technology Group Inc. reported that Future Glory Technology Holdings Limited, a British Virgin Islands entity through which Mr. Andy Chang Liu has indirect economic interests via the Sunny Trust, purchased 5,830 American depositary shares (ADSs) on July 31, 2026 at $1.8898 per ADS in a purchase in open market or private transaction. Following this, Future Glory Technology Holdings Limited held 54,957 ADSs indirectly, while Liu Chang also reported 222 ADSs held directly. Each ADS represents 50 Class A ordinary shares of the company. The reporting person did not select the checkbox indicating the transaction was made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | American depositary shares F1, F2 | 5,830 | $1.8898 | $11K |
| holding | American depositary shares | -- | -- | -- |
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
Key Terms
indirect ownership financial
Sunny Trust financial
settlor financial
FAQ
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What insider transaction did 17 Education & Technology Group Inc. (YQ) report?
How many YQ ADSs are held indirectly after the July 31, 2026 transaction?
What direct holdings does Liu Chang report in YQ after this transaction?
Is the YQ insider purchase reported under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.