PENG ALEX ZHUANGZHUANG (See Remarks) sold 63.9% of their position (80K shares) of TAL EDUCATION GROUP on the open market

Open‑market sale worth $868.5K — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

PENG ALEX ZHUANGZHUANG

Filed: 4/28/2026ACC: 0001104659-26-050054

InsiderPENG ALEX ZHUANGZHUANGCIK 1971327

→

IssuerTAL EDUCATION GROUPCIK 1499620

Officer· See Remarks

Since Mar 2026

-95.66K

Net shares

Net seller

$1.04M

Total sold

Open market trades

0B · 1S

Total transactions

37.95K acquired · 133.61K disposed

Non-Derivative Transactions4

American Depositary Shares

Direct

M · Option Exercise

+30.36K

Price / share

—

Trade value

—

% of position

29.5%

4/26/2026

102.85K→133.21K

American Depositary Shares

Direct

M · Option Exercise

+7.59K

Price / share

—

Trade value

—

% of position

5.7%

4/26/2026

133.21K→140.80K

American Depositary Shares

Direct

F · Tax Withholding

−15.66K

Price / share

$10.80

Trade value

$169.18K

% of position

11.1%

4/27/2026

140.80K→125.14K

American Depositary Shares

Direct

S · Sale

−80K

Price / share

$10.86

Trade value

$868.48K

% of position

63.9%

4/27/2026

125.14K→45.14K

Total

Net shares

−57.71K

Net value

-$1.04M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
American Depositary Shares Direct	4/26/2026	M · Option Exercise	+30.36K	—	—	29.5%	102.85K	133.21K
American Depositary Shares Direct	4/26/2026	M · Option Exercise	+7.59K	—	—	5.7%	133.21K	140.80K
American Depositary Shares Direct	4/27/2026	F · Tax Withholding	−15.66K	$10.80	$169.18K	11.1%	140.80K	125.14K
American Depositary Shares Direct	4/27/2026	S · Sale	−80K	$10.86	$868.48K	63.9%	125.14K	45.14K
Total			−57.71K		-$1.04M

Derivative Transactions2

Restricted Stock Units (RSU)

Direct

M · Option Exercise

Converts to

American Depositary Shares

30.36K shares

−30.36K

Strike price

Held after

91.08K

Exercisable

—

4/26/2026

Restricted Stock Units (RSU)

Direct

M · Option Exercise

Converts to

American Depositary Shares

7.59K shares

−7.59K

Strike price

Held after

22.77K

Exercisable

—

4/26/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units (RSU) Direct	American Depositary Shares30.36K shares	4/26/2026	M · Option Exercise	−30.36K		—	91.08K
Restricted Stock Units (RSU) Direct	American Depositary Shares7.59K shares	4/26/2026	M · Option Exercise	−7.59K		—	22.77K