Li Yongwei's Form 4 filing
Youdao, Inc. (DAO) · filed Jul 1, 2026
- Accession no.
- 0001193125-26-291456
- Filed
- Jul 1, 2026, 6:34 AM ET
- Trade date
- Jun 29-30, 2026
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 4 non-derivative transactions and 2 derivative transactions. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Li YongweiCIK 0002021424 | Officer (Vice President) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 29, 2026 | Class A Ordinary Shares | MOption exerciseAcquired | +4,000 | –F1 | – | 7,420 | Direct | |
| Jun 29, 2026 | Class A Ordinary Shares | SSaleDisposed | −4,000 | –F2 | – | 3,420 | Direct | |
| Jun 30, 2026 | Class A Ordinary Shares | MOption exerciseAcquired | +2,300 | –F3 | – | 5,720 | Direct | |
| Jun 30, 2026 | Class A Ordinary Shares | SSaleDisposed | −2,300 | –F4 | – | 3,420 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 29, 2026 | Class A Ordinary Shares | MOption exerciseDisposed | −4,000 | $0.00 | $0 | 22,300 | Direct | |
| Jun 30, 2026 | Class A Ordinary Shares | MOption exerciseDisposed | −2,300 | $0.00 | $0 | 20,000 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Reflects 4,000 option award that exercised (with the exercise price of $4.5 per share) and settled into American Depositary Shares ("ADSs"). This amount represents the ordinary shares underlying the ADSs acquired in connection with such option exercise.
Referenced by the price of 1 transaction in Table I.
- F2
The weighted average price of the shares sold was $11.60.
Referenced by the price of 1 transaction in Table I.
- F3
Reflects 2,300 option award that exercised (with the exercise price of $4.5 per share) and settled into American Depositary Shares ("ADSs"). This amount represents the ordinary shares underlying the ADSs acquired in connection with such option exercise.
Referenced by the price of 1 transaction in Table I.
- F4
The weighted average price of the shares sold was $12.20.
Referenced by the price of 1 transaction in Table I.