Senior insider sale
CFO at GAOTU TECHEDU INC. — senior position signals high conviction
$291.7K
73.85K shares
What this filing means
SHEN NAN plans to sell 73.85K shares of GAOTU TECHEDU INC. valued at approximately $291.7K. Form 144 is a notice of intent to sell restricted or control securities — not a mandatory transaction. This filing provides advance warning of potential selling pressure.
Filed: 12/20/2023ACC: 0001982355-23-000001
73.85K
Shares to sell
$291.7K
Approx. market value
154.60K
Acquired (3 months)
2
Planned
Securities Acquired — Last 3 Months2
ESOP acquired under Employee Incentive Plan as employee of the Securities Issuer
cashless
12/18/2023
48.60KESOP acquired under Employee Incentive Plan as employee of the Securities Issuer
cashless
3/31/2023
106KTotal acquired154.60K
| Acquisition Date | Type | Amount Acquired | Gift |
|---|---|---|---|
12/18/2023 | ESOP acquired under Employee Incentive Plan as employee of the Securities Issuer cashless | 48.60K | — |
3/31/2023 | ESOP acquired under Employee Incentive Plan as employee of the Securities Issuer cashless | 106K | — |
| Total | 154.60K | ||
Planned & Completed Dispositions2
NYSEPlanned
Units to sell
50.33K
Market value
$198.8K
12/20/2023
NYSEPlanned
Units to sell
23.53K
Market value
$92.9K
12/20/2023
Total
Units
73.85K
Value
$291.7K
| Date | Units to Sell | Approx. Market Value | Exchange | Status |
|---|---|---|---|---|
12/20/2023 | 50.33K | $198.8K | NYSE | Planned |
12/20/2023 | 23.53K | $92.9K | NYSE | Planned |
| Total | 73.85K | $291.7K | ||