EpicQuest Education Group International Ltd·4

Jul 2, 4:30 PM ET

WU ZHENYU 4

Research Summary

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EpicQuest (EEIQ) CFO Wu Zhenyu Receives 6,250 Shares

What Happened
Wu Zhenyu, CFO of EpicQuest Education Group International Ltd (EEIQ), had 6,250 restricted stock units (RSUs) vest and convert into 6,250 common shares on June 30, 2026. The Form 4 shows an acquisition (conversion) of 6,250 shares (price N/A) and a simultaneous disposition of 6,250 shares at $0.00. The filing treats these as a derivative conversion (transaction code M).

Key Details

  • Transaction date: 2026-06-30; Form 4 filed 2026-07-02 (appears timely).
  • Acquisition: 6,250 shares via RSU conversion (price N/A).
  • Disposition: 6,250 shares at $0.00 (filing does not specify reason).
  • Shares owned after the transaction: not disclosed in this filing.
  • Footnotes: F1 — RSUs convert one-for-one into common stock. F2 — 25,000 RSUs were granted 10/14/2025 and vest in four equal quarterly installments; 6,250 vested on 6/30/2026.
  • Transaction code M indicates exercise/conversion of a derivative (here, RSU conversion).

Context
This was a routine compensation event — RSUs vesting and converting to common shares — rather than an open-market purchase or sale for investment. The $0.00 disposition is not explained in the filing; common administrative reasons include tax withholding or internal transfers, but the Form 4 does not state which (so no inference about intent should be made).