New Oriental (EDU) Director Zhuge Yue Sells 2,170 ADS

What Happened Zhuge Yue, a director of New Oriental Education & Technology Group (EDU), sold a total of 2,170 ADS in open-market transactions on July 31 and August 3, 2026. The sales were: 170 ADS @ $58.96 ($10,023), 400 ADS @ $59.00 ($23,600), 400 ADS @ $60.00 ($24,000), and 1,200 ADS @ $59.41 ($71,286), for aggregate proceeds of $128,909. These were sales (S) — routine dispositions rather than purchases.

Key Details

• Transaction dates & prices:
  • 2026-07-31: 170 ADS @ $58.96 = $10,023
  • 2026-07-31: 400 ADS @ $59.00 = $23,600
  • 2026-08-03: 400 ADS @ $60.00 = $24,000
  • 2026-08-03: 1,200 ADS @ $59.41 = $71,286
• Total sold: 2,170 ADS for $128,909.
• ADS conversion: Each ADS represents 10 underlying common shares (2,170 ADS ≈ 21,700 common shares).
• Shares owned after transaction: not provided in the supplied filing details.
• Footnote: F1 — each ADS = 10 common shares.
• Timeliness: Form 4 was filed 2026-08-03 for trades on 2026-07-31 and 2026-08-03; filing appears to be timely under the standard two-business-day rule.

Context These transactions are outright sales of ADS (not option exercises, awards, or gifts), so they reflect disposition of existing holdings. Sales are common and do not, by themselves, indicate management sentiment about the company’s prospects — purchases are generally more directly interpreted as bullish signals. No 10b5‑1 plan, tax-withholding, or other special transaction codes were noted in the provided data.