Liu Chang 4

4 · 17 Education & Technology Group Inc. · Filed Jul 6, 2026

AI-generated summary of this filing

Updated Jul 6, 2026

17 Education (YQ) CEO Liu Chang Buys 20,690 Shares

What Happened

Liu Chang, CEO of 17 Education & Technology Group Inc. (YQ), made three purchases of company stock between June 30 and July 2, 2026. He acquired 42 shares at $2.15 on 2026-06-30 (≈$90), 1,660 shares at $2.20 on 2026-07-01 (≈$3,650), and 18,988 shares at $2.20 on 2026-07-02 (≈$41,753), for a combined 20,690 shares costing about $45,493. These were purchases (insider buys), which investors often view as more informative than routine sales.

Key Details

Transaction dates & prices:
- 2026-06-30: 42 shares @ $2.15 = $90 (marked "L" = late filing)
- 2026-07-01: 1,660 shares @ $2.20 = $3,650 (marked "L" = late filing)
- 2026-07-02: 18,988 shares @ $2.20 = $41,753 (code "P" = purchase/open market or private purchase)
Total: 20,690 shares; total consideration ≈ $45,493.
Shares owned after the transactions: not specified in this report.
Filing: Form 4 filed 2026-07-06 for period ending 2026-06-30; two transactions were flagged as late ("L"), which investors should note.
Notable footnotes from the filing:
- F1: Each ADS = 50 Class A ordinary shares (disclosure about ADS share structure).
- F2: Describes ownership structure of Future Glory Technology Holdings Limited and related trust/entity links (corporate ownership disclosure included in the filing).

Context

Insider purchases can signal confidence but do not prove future stock performance; motives are not disclosed. The total value here (~$45.5k) is modest in size. Two of the small purchases were reported late, which affects timeliness of disclosure and is relevant for compliance and investor transparency.

Form 4

Period: 2026-06-30

DirectorChief Executive Officer10% Owner

Transactions

Small Acquisition
American depositary shares
[F1][F2]
2026-06-30$2.15/sh+42$90→ 2,262 total(indirect: By Future Glory Technology Holdings Limited)
Small Acquisition
American depositary shares
[F1][F2]
2026-07-01$2.20/sh+1,660$3,650→ 3,922 total(indirect: By Future Glory Technology Holdings Limited)
Purchase
American depositary shares
[F1][F2]
2026-07-02$2.20/sh+18,988$41,753→ 22,910 total(indirect: By Future Glory Technology Holdings Limited)

Holdings

Footnotes (2)

[F1]Each American depositary share ("ADS") represents fifty (50) Class A ordinary shares, with a par value of US$0.0001 per share, of 17 Education & Technology Group Inc.
[F2]Future Glory Technology Holdings Limited is a British Virgin Islands limited liability company, of which 99% of the equity interest is held by Glory Venture Technology Limited, and the remaining 1% is held by Future Adventures Investment Holdings Limited. Glory Venture Technology Limited, a company incorporated under the laws of British Virgin Islands, is wholly owned by Trident Trust Company (HK) Limited, the trustee of the Sunny Trust. Mr. Andy Chang Liu is the settlor of the Sunny Trust, and he and his family members are its beneficiaries. Future Adventures Investment Holdings Limited is a company incorporated under the laws of British Virgin Islands and wholly owned by Mr. Andy Chang Liu.

Signature

/s/ Andy Chang Liu|2026-07-06

1 file