Hu Yiming 4

What Happened

• Hu Yiming, a director of Gaotu Techedu Inc. (GOTU), received a grant of 24,000 restricted stock units (RSUs) on June 30, 2026. The Form 4 reports the grant as a derivative award at $0.00 consideration (no cash paid). This was an equity compensation grant, not an open-market buy or sale.

Key Details

• Transaction date and type: 2026-06-30 — Grant/Award (Code A).
• Amount and price: 24,000 RSUs @ $0.00 (reported consideration $0; derivative award).
• Filing date: 2026-07-01 (filing appears timely; no late-filing indication).
• Shares owned after transaction: not specified in the provided transaction summary (see the Form 4 for full beneficial ownership details).
• Relevant footnote: RSUs were granted on June 30, 2026 and vest over 3 years in equal installments beginning June 30, 2027; the RSUs have no expiration date.

Context

• RSUs are a derivative compensation award that convert into actual shares upon vesting; with equal annual installments over three years, this grant implies roughly 8,000 RSUs vest each year starting June 30, 2027. Grants are common for directors and employees and do not by themselves indicate a buy/sell decision in the market.