Li Yongwei 4
4 · Youdao, Inc. · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Youdao (DAO) VP Li Yongwei Receives 3,420-Share Award
What Happened Li Yongwei, Vice President of Youdao, received 3,420 performance-based restricted share units (RSUs) that vested on June 1, 2026 and were converted into American Depositary Shares (ADSs). The grant/vesting is reported as an award (no purchase or sale); no per-share price or total dollar value is disclosed in the filing.
Key Details
- Transaction date: June 1, 2026 (vesting/conversion to ADSs)
- Transaction type: Award/vesting of RSUs (Form 4 code A)
- Shares/units: 3,420 RSUs vested and converted to ADSs
- Price/Value: Not disclosed (N/A in filing)
- Grant date: May 30, 2025 (per footnote)
- Terms: Award had no exercise price and no expiration (per footnote)
- Shares owned after transaction: Not specified in this filing
- Filing timeliness: Report filed the same day (June 1, 2026); no late filing indicated
Context This was a time- and performance-based equity vesting event (RSUs converting into ADSs), a common form of executive compensation. Such awards are typically routine compensation and do not by themselves indicate a buy or sell signal. The filing does not show any immediate sale or tax-withholding disposition of the vested shares.
Insider Transaction Report
- Award
Class A Ordinary Shares
[F1][F2]2026-06-01+3,420→ 3,420 total
Footnotes (2)
- [F1]Reflects the performance-based restricted share unit ("RSU") vested on June 1, 2026, in the form of American Depositary Shares after such RSU vest.
- [F2]The vested 3420 restricted share award was granted on May 30, 2025, with no expiration date and no exercise price, which vested on June 1, 2026.