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4Accepted Jun 22, 6:09 AM ET

Gaotu (GOTU) CEO Chen Xiangdong Buys 167,051 Shares

GOTUGaotu Techedu Inc.

Accepted (ET)

6:09 AM

Jun 22, 2026

Filed

Jun 22, 2026

Documents

1

Size

5.2 KB

Summary

Gaotu (GOTU) CEO Chen Xiangdong Buys 167,051 Shares

Updated

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.

AI-written summary · check the filing