Jimmy Y. Lai - 28 May 2026 Form 4 Insider Report for Youdao, Inc. (DAO)

Reporting relationship: Director
Issuer ticker: DAO
Reported as of: 28 May 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 01 Jun 2026, 06:34:33 UTC
Prior SEC filing: 26 May 2026
Next SEC filing: 01 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ Liting Ren, as Attorney-in-Fact for Lai Jimmy Y.

Filing notes and source

Key filing fact

Jimmy Y. Lai filed Form 4 for Youdao, Inc. (DAO) on 01 Jun 2026.

Key facts

This page summarizes Jimmy Y. Lai's Form 4 filing for Youdao, Inc. (DAO).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 01 Jun 2026, 06:34.

Change

Previous filing in this sequence was filed on 26 May 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001975788 Primary reporting owner

Lai Jimmy Y.

Relationship: Director
Address: BUILDING NO. 7, WEST ZONE, NO. 10 YARD, XIBEIWANG EAST ROAD, HAIDIAN DISTRICT, BEIJING, CHINA
Signature: /s/ Liting Ren, as Attorney-in-Fact for Lai Jimmy Y.
Signature date: 01 Jun 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DAO transaction

Class A Ordinary Shares

Options Exercise

Transaction value
Shares: +3,997
Change %: +8%
Price
Shares after: 54,218
Date: 28 May 2026
Ownership: Direct
Footnotes: F1

DAO transaction

Class A Ordinary Shares

Sale

Transaction value
Shares: -3,997
Change %: -7.4%
Price
Shares after: 50,221
Date: 28 May 2026
Ownership: Direct
Footnotes: F2

DAO transaction

Restricted Share Unit

Award

Transaction value
Shares: +11,450
Change %: +79%
Price
Shares after: 26,002
Date: 29 May 2026
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DAO transaction Derivative

Option

Options Exercise

Transaction value
Shares: -3,997
Change %: -23%
Price: $0.000000^*
Shares after: 13,201
Date: 28 May 2026
Ownership: Direct
Underlying class: class A ordinary shares
Underlying amount: 3,997
Exercise price
Footnotes: F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

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.

Footnote F2

The weighted average price of the shares sold was 11.5265 USD per share.

Footnote F3

This time-based RSU award (11,450 shares) was granted on May 29, 2026, with no expiration date, subject to the terms and conditions of the underlying award agreement. All of the shares scheduled to be vested on June 1, 2027 with no exercise price.

Footnote F4

The disposed 3,997 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 May 28, 2026.