Wu Yinghui 4

What Happened

• Wu Yinghui, Senior Vice President of Youdao, Inc. (DAO), received a grant of 10,000 restricted stock units (RSUs) reported on Form 4 for the May 29, 2026 grant date. The award is denominated in American Depositary Shares (ADSs). No purchase price or exercise price applies to these RSUs.

Key Details

• Transaction date: May 29, 2026; Form 4 filed June 1, 2026 (timely filing).
• Type of transaction: A = Award/Grant (time‑based RSUs).
• Shares granted: 10,000 ADSs; price: N/A (no exercise price).
• Vesting schedule (footnote): 3,000 ADSs vest on Sept 1, 2026; 3,000 on Sept 1, 2027; 4,000 on Sept 1, 2028. Award has no expiration date and is subject to the award agreement.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Taxes/withholding: no tax‑withholding or net‑settlement noted in the provided footnotes.

Context

• This is a compensation grant (routine award) rather than a purchase or sale; RSUs represent a right to receive shares if/when they vest and do not indicate an immediate cash investment or sale by the insider. Investors typically view such grants as part of executive compensation and not a direct signal of buying or selling intent.