Agora, Inc.: director He Eric exercised 1,592 shares

What happened

• He Eric, a director, exercised or converted 1,592 shares (derivative code M) on Oct 01, 2026 (acquired at N/A) and disposed of 1,592 shares on Oct 01, 2026 at $0.00 for $0. The Form 4 lists the acquisition line as N/A and the disposition line at $0.00.

Key details

• Transaction date(s) and price(s): Oct 01, 2026 — exercise/conversion (code M) acquiring 1,592 shares at N/A; Oct 01, 2026 — disposition of 1,592 shares at $0.00 for $0.
• Shares owned after the transaction: not reported in the filing.
• Footnotes: F1 and F2 indicate ADS were acquired through vesting of restricted share units (RSUs); F3 states each RSU represents the contingent right to receive one ADS upon vesting; every one American Depositary Share (ADS) represents four Class A ordinary shares.
• Filing and reporting: Form filed on Oct 02, 2026, reporting the Oct 01, 2026 transaction; the filing does not indicate it was late.

Why it may matter

• The filing shows an exercise/conversion of RSUs into ADS and an immediate disposition of the same number of ADS on the same date; the disposition was recorded at $0.00.
  A filing does not show why the insider traded or why the company acted.