Zhang Jianbo 4

What Happened

• Jianbo Zhang, CEO of EpicQuest Education Group International Ltd (EEIQ), had 7,812 restricted stock units (RSUs) vest on June 30, 2026 and those RSUs converted into common shares. The Form 4 shows an exercise/conversion of a derivative resulting in the acquisition of 7,812 shares and a corresponding disposition entry at $0.00. The filing reports no cash proceeds associated with the conversion.

Key Details

• Transaction date: June 30, 2026 (reported on Form 4 filed July 2, 2026, accession 0001213900-26-075020).
• Reported entries: conversion/exercise of derivative (code M) acquiring 7,812 shares (price N/A) and a disposition of 7,812 shares at $0.00.
• Shares owned after transaction: not specified in the filing.
• Relevant footnotes:
  • F1: RSUs convert into common stock on a one-for-one basis.
  • F2: Grant of 31,250 RSUs on Oct 14, 2025 vested in quarterly installments; 7,812 vested on June 30, 2026.
  • F3: Certain shares are held by Wonderland Holdings International Ltd; Mr. Zhang is sole shareholder/director of Wonderland and is deemed beneficial owner of securities held by it.
• Filing timeliness: Form 4 was filed July 2, 2026 for a June 30, 2026 transaction; the filing does not flag lateness.

Context

• This was an RSU vesting/conversion (derivative exercise), not an open-market purchase or sale for cash. The $0.00 disposition likely reflects the administrative conversion/transfer mechanics recorded on the SEC form; it should not be interpreted as a paid sale. For insiders, vesting of RSUs is routine compensation and does not by itself signal a buy or sell decision.