ZHANG KAN 4

What Happened Zhang Kan, CooTek’s (CTKYY) Chief Technology Officer, Acting Chief Financial Officer and a director, acquired 540,786,459 shares on 2026-05-19 (transaction code P — purchase). The Form 4 lists the per-share price as $0.00 (system minimum reporting increment), but a footnote states the actual price was $0.000037 per share, implying a cash outlay of about $20,009. The filing shows the acquisition was made by Global CoolStuff Investment Inc., an entity ultimately owned by Zhang Kan.

Key Details

• Transaction date: 2026-05-19 (reported on 2026-05-19) — filing appears timely.
• Shares acquired: 540,786,459
• Reported price on Form 4: $0.00; actual price per footnote: $0.000037/share
• Implied total cost: ≈ $20,009.10 (Form 4 reported $0 due to system rounding)
• Acquiring entity: Global CoolStuff Investment Inc., wholly owned by Kan's Universe Investment Limited (BVI), ultimately owned by Zhang Kan (see filing footnote)
• Shares owned after transaction: not specified in the provided filing extract
• Transaction type: reported as open market or private purchase (P)

Context

• This was a direct purchase (not an option exercise, award, gift, or withholding). Purchases can signal insider confidence but do not, by themselves, explain motivation.
• The filing’s $0 value is a reporting artifact; refer to the footnote for the actual per-share price and implied total.