17 Education (YQ) CEO Liu Chang Buys 10,000 Shares

What Happened

• Liu Chang, CEO of 17 Education & Technology Group Inc. (YQ), executed an open-market purchase of 10,000 shares on September 3, 2026. The shares were bought at $2.38 each, for a total reported purchase value of $23,788. This was a purchase transaction (code P), i.e., an acquisition rather than a sale.

Key Details

• Transaction date and price: 2026-09-03 — 10,000 shares at $2.38 per share.
• Total value: $23,788.
• Transaction type: Open-market purchase (P).
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnotes included in the filing:
  • F1: Each American Depositary Share (ADS) represents 50 Class A ordinary shares (par value $0.0001).
  • F2: Describes ownership structure of Future Glory Technology Holdings Limited and links to entities/settlor (Mr. Andy Chang Liu); included for disclosure context in the filing.
• Filing timeliness: Report filed on 2026-09-04 for a 2026-09-03 transaction — appears to be filed promptly (no late filing indicated).

Context

• Insider purchases are often watched by investors as a potential positive signal since executives are buying company stock, but they do not guarantee future performance. This Form 4 reports a direct purchase; no options exercise, gift, or tax-withholding event is indicated.