Lai Jimmy Y. 4

What Happened

• Lai Jimmy Y., a director of 51Talk Online Education Group (COE), reported that 50,336 restricted share units (RSUs) vested on June 1, 2026. The filing shows an exercise/conversion of a derivative (transaction code M) resulting in the acquisition of 50,336 shares and a simultaneous disposition of the same 50,336-share derivative interest, both reported at $0.00. No cash value is reported in the Form 4 for these entries.

Key Details

• Transaction date: June 1, 2026 (reported in Form 4 filed 2026-06-01)
• Transaction type/code: Exercise/conversion of derivative (M); acquisition and disposition of 50,336 shares at $0.00
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnotes of note:
  • F2/F3/F4: These were RSUs granted June 1, 2024 that vested in a single installment on June 1, 2026; after vesting no Class A ordinary shares remain subject to this award.
  • F1: The company’s Class A ordinary shares may be held as American Depositary Shares (ADS); each ADS represents 60 Class A ordinary shares (as disclosed).
• Filing timeliness: Reported and filed on June 1, 2026 (no late filing indicated)

Context

• The report reflects RSUs vesting and conversion into shares rather than an open-market purchase or a cash sale. The simultaneous acquisition and disposition at $0.00 typically indicates settlement/conversion activity related to the equity award; the Form 4 does not detail the reason for the disposition (e.g., tax withholding or transfer).