Chen Xiangdong 4

What Happened Chen Xiangdong, Gaotu Techedu Inc.'s CEO and director, acquired 167,051 shares in an open-market purchase on June 18, 2026, at $2.50 per share. The filing lists the total consideration as $418,045. This was a purchase (insider buy), which is generally more informative to investors than routine sales.

Key Details

• Transaction date and price: 2026-06-18 — Purchase at $2.50 per share (transaction code P).
• Reported total value: $418,045 (per the Form 4).
• Shares owned after transaction: Not reported in the provided excerpt of the filing.
• Footnote: F1 — Every three ADSs represent two Class A ordinary shares (may affect underlying ordinary-share equivalents if these are ADSs).
• Filing timeliness: Form 4 filed 2026-06-22 for a 2026-06-18 transaction; filing appears timely (filed within required business days).

Context This filing shows a direct open-market purchase by the company’s CEO (no option exercises, awards, gifts, or tax-withholding noted). Insider purchases can indicate confidence by executives, but they are one data point among many — this summary is factual and does not attempt to infer motive.