Shum Heung Yeung's Form 4 filing
Youdao, Inc. (DAO) · filed Sep 2, 2026
- Accession no.
- 0001193125-26-379297
- Filed
- Sep 2, 2026, 6:32 AM ET
- Trade date
- Aug 31-Sep 1, 2026
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 8 non-derivative transactions and 4 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 |
|---|---|
| Shum Heung YeungCIK 0001591807 | Director |
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 |
|---|---|---|---|---|---|---|---|---|
| Aug 31, 2026 | Class A Ordinary Shares | MOption exerciseAcquired | +4,000 | –F1 | – | 64,773 | Direct | |
| Aug 31, 2026 | Class A Ordinary Shares | SSaleDisposed | −4,000 | –F2 | – | 60,773 | Direct | |
| Aug 31, 2026 | Class A Ordinary Shares | MOption exerciseAcquired | +3,997 | –F3 | – | 64,770 | Direct | |
| Aug 31, 2026 | Class A Ordinary Shares | SSaleDisposed | −3,997 | –F2 | – | 60,773 | Direct | |
| Aug 31, 2026 | Class A Ordinary Shares | MOption exerciseAcquired | +9,189 | –F4 | – | 69,962 | Direct | |
| Aug 31, 2026 | Class A Ordinary Shares | SSaleDisposed | −9,189 | –F2 | – | 60,773 | Direct | |
| Sep 1, 2026 | Class A Ordinary Shares | MOption exerciseAcquired | +4,012 | –F5 | – | 64,785 | Direct | |
| Sep 1, 2026 | Class A Ordinary Shares | SSaleDisposed | −4,012 | –F6 | – | 60,773 | 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 |
|---|---|---|---|---|---|---|---|---|
| Aug 31, 2026 | Class A Ordinary Shares | MOption exerciseDisposed | −4,000 | $0.00 | $0 | 17,198 | Direct | |
| Aug 31, 2026 | Class A Ordinary Shares | MOption exerciseDisposed | −3,997 | $0.00 | $0 | 13,201 | Direct | |
| Aug 31, 2026 | Class A Ordinary Shares | MOption exerciseDisposed | −9,189 | $0.00 | $0 | 4,012 | Direct | |
| Sep 1, 2026 | Class A Ordinary Shares | MOption exerciseDisposed | −4,012 | $0.00 | $0 | 0 | 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 $4.0 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 (in the form of ADS) was $ 16.6229.
Referenced by the price of 3 transactions in Table I.
- F3
Reflects 3,997 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
Reflects 9,189 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.
- F5
Reflects 4,012 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.
- F6
The weighted average price of the shares sold (in the form of ADS) was $16.1784.
Referenced by the price of 1 transaction in Table I.