Luo Hui 4

What Happened

• Luo Hui, a reported 10% owner of Classover Holdings, Inc. (KIDZ), received an award/acquisition of 1,000,000 shares on 2026-01-21. The reported acquisition price is $0.00, so the filing shows $0 total cash paid for the shares. This is an acquisition (award/grant), not a sale.

Key Details

• Transaction date: 2026-01-21; Form 4 filed: 2026-01-23 (filed within the standard two-business-day window).
• Transaction type/code: Award/Grant (reported as "A"); price per share reported as $0.00; total reported cash consideration $0.
• Shares owned after transaction: Not specified in the transaction details on the reported Form 4 (not disclosed in the filing summary provided).
• Insider status: Luo Hui is listed as a 10% owner (significant shareholder reporting).
• No footnotes such as 10b5-1, tax withholding, or immediate sale were reported in the transaction line provided.

Context

• An award reported at $0 generally indicates restricted stock or a non-cash grant rather than an open-market purchase; it does not by itself indicate intent to buy or sell shares in the market. Because Luo Hui is a 10% owner, this is reporting for a significant shareholder rather than necessarily an executive’s routine trading.