Youdao (DAO) Senior VP Wu Yinghui Sells 6,750 Shares

What Happened

• Wu Yinghui, Senior Vice President of Youdao, sold 6,750 American Depositary Shares (ADSs) on 2026-09-09. The shares sold were ADSs that vested and were settled from RSUs.
• The weighted average sale price was $14.9665 per ADS, for gross proceeds of approximately $101,024.
• This transaction is a sale of newly vested RSUs (common when awards vest and shares are sold to cover taxes or diversify), not a purchase.

Key Details

• Transaction date: 2026-09-09; Form 4 filed: 2026-09-11 (timely filing).
• Price: weighted average $14.9665 per ADS; Shares sold: 6,750; Estimated proceeds: ~$101,024.
• Footnote F1: The 6,750 ADSs reflect RSUs that vested and settled into ADSs. Footnote F2: confirms the weighted average sale price.
• Shares owned after the transaction: not specified in the provided filing details.

Context

• This sale represents disposition of vested RSUs settled into ADSs. Such transactions are often routine (e.g., to cover taxes or diversify) and do not by themselves indicate the insider’s view on company prospects.
• No 10b5-1 plan, late filing, gift, or option exercise was indicated in the provided information.