WU ZHENYU 4

What Happened

• Wu Zhenyu, Chief Financial Officer of EpicQuest Education Group International Ltd (EEIQ), had 6,250 restricted stock units (RSUs) vest and convert into 6,250 common shares on March 31, 2026. The Form 4 lists an acquisition via conversion (derivative code M) and a corresponding disposition of 6,250 shares reported at $0.00. Footnotes confirm the RSUs convert one-for-one and that 6,250 of a 25,000 RSU grant vested on that date.
• No cash sale proceeds are reported on the Form 4; the filing does not show an open-market sale of the shares for cash.

Key Details

• Transaction date: March 31, 2026.
• Reported entries: 6,250 shares acquired by conversion of a derivative (code M) and 6,250 shares disposed at $0.00.
• Footnotes: F1 — RSUs convert into common stock one-for-one. F2 — 25,000 RSUs were granted Oct 14, 2025; 6,250 vested March 31, 2026 (first quarterly vesting installment).
• Shares owned after the transaction: Not provided in the supplied filing details.
• Filing timeliness: Form filed Apr 24, 2026 — well after the Mar 31 transaction date, so the filing appears late (possible reporting delay).

Context

• This was a vesting/conversion of RSUs rather than a purchase or market sale; such events are routine compensation disclosures and do not, by themselves, indicate a buy or sell signal.
• The derivative code M simply indicates conversion/exercise of a derivative (here, RSUs converting into common stock). The $0.00 disposition could reflect a non‑cash transfer (e.g., withholding or administrative handling) but the filing text provided does not specify the reason.