SEC Form 4 · accession 0001193125-26-291456
Youdao, Inc. · DAO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yongwei Li
Officer — Vice President
Period of report
Jun 29, 2026
Accepted (ET)
Jul 1, 2026 · 6:34 am EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001781753
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Ordinary SharesF1 | Jun 29, 2026 | M | 4,000 | — | A | 7,420 | D | |
| Class A Ordinary SharesF2 | Jun 29, 2026 | S$0 | 4,000 | — | D | 3,420 | D | |
| Class A Ordinary SharesF3 | Jun 30, 2026 | M | 2,300 | — | A | 5,720 | D | |
| Class A Ordinary SharesF4 | Jun 30, 2026 | S$0 | 2,300 | — | D | 3,420 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF5 | — | Jun 29, 2026 | M | 4,000 | D | — | — | Class A Ordinary Shares | 4,000 | 22,300 | D |
| OptionF6 | — | Jun 30, 2026 | M | 2,300 | D | — | — | Class A Ordinary Shares | 2,300 | 20,000 | D |
Explanation of responses
- F1Reflects 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.
- F2The weighted average price of the shares sold was $11.60.
- F3Reflects 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.
- F4The weighted average price of the shares sold was $12.20.
- F5The disposed 4000 Option award was granted on January 25, 2021, expiring on January 26, 2027, with the exercise price of $4.5 per share and exercised on June 29, 2026.
- F6The disposed 2300 Option award was granted on January 25, 2021, expiring on January 26, 2027, with the exercise price of $4.5 per share and exercised on June 30, 2026.