LIU YACHAO

PrivateCIK: 1972349

LIU YACHAO (See Remarks) exercised options at TAL EDUCATION GROUP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise
InsiderLIU YACHAOCIK 1972349
IssuerTAL EDUCATION GROUPCIK 1499620
DirectorOfficer· See Remarks
Since Mar 2026
-18.97K
Net shares
Net seller
$204.9K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
39.67K acquired · 58.64K disposed
Non-Derivative Transactions2

American Depositary Shares

Direct
M · Option Exercise

Shares

+39.67K

Price / share

Trade value

% of position

17.8%
4/26/2026
222.84K262.51K

American Depositary Shares

Direct
F · Tax Withholding

Shares

18.97K

Price / share

$10.80

Trade value

$204.92K

% of position

7.2%
4/27/2026
262.51K243.54K
Total

Net shares

+20.70K

Net value

-$204.92K

Derivative Transactions1

Restricted Stock Units (RSU)

Direct
M · Option Exercise
Converts to

American Depositary Shares

39.67K shares

Shares

39.67K

Strike price

Held after

51.43K

Exercisable

4/26/2026
LIU YACHAO — Insider Transaction (Form 4) Filed Apr 28, 2026 | Finecho