Yachao Liu - 18 Mar 2026 Form 3 Insider Report for TAL Education Group (TAL)

Reporting relationship: Director and Chief Operating Officer, Exhibit 24 - Power of Attorney, Director
Issuer ticker: TAL
Reported as of: 18 Mar 2026
Net transaction value: $0
SEC form: 3
Accepted by SEC: 18 Mar 2026, 16:38:44 UTC
Next SEC filing: 28 Apr 2026
Source filing: View source filing
Reporting owner signature: /s/ Jackson Ding, attorney-in-fact for Liu Yachao

Key filing fact

Yachao Liu filed Form 3 for TAL Education Group (TAL) on 18 Mar 2026.

Key facts

This page summarizes Yachao Liu's Form 3 filing for TAL Education Group (TAL).
0 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 18 Mar 2026, 16:38.

Change

No earlier filing in this sequence is available for direct comparison.
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

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

View source filing

Reporting Owners (1)

CIK 0001972349 Primary reporting owner

LIU YACHAO

Relationship: Director and Chief Operating Officer, Exhibit 24 - Power of Attorney, Director
Address: TAL BLDG NO.1, CTYD NO.9, QIXIN MID ST, BEIJING, CHINA
Signature: /s/ Jackson Ding, attorney-in-fact for Liu Yachao
Signature date: 18 Mar 2026

Reported non-derivative transactions

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

TAL holding

Class A Common Share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,504,166
Date: 18 Mar 2026
Ownership: See Footnote
Footnotes: F7

TAL holding

Class A Common Share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,937,500
Date: 18 Mar 2026
Ownership: See Footnote
Footnotes: F8

TAL holding

Class B Common Share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,937,500
Date: 18 Mar 2026
Ownership: See Footnote
Footnotes: F9

TAL holding

American Depositary Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 222,835
Date: 18 Mar 2026
Ownership: Direct
Footnotes: F1

Reported derivative securities

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

TAL holding Derivative

Restricted Stock Units (RSU)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date: 18 Mar 2026
Ownership: Direct
Underlying class: American Depositary Shares
Underlying amount: 91,101
Exercise price
Footnotes: F2, F3

TAL holding Derivative

Restricted Stock Units (RSU)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date: 18 Mar 2026
Ownership: Direct
Underlying class: American Depositary Shares
Underlying amount: 53,571
Exercise price
Footnotes: F3, F4

TAL holding Derivative

Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date: 18 Mar 2026
Ownership: Direct
Underlying class: American Depositary Shares
Underlying amount: 354,000
Exercise price: $0.0100
Footnotes: F5, F6

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote F1

Each three American Depositary Shares ("ADSs") represent one Class A common share, with a par value of $0.001 per share, of the Issuer.

Footnote F2

The RSUs vest as follows, subject to the Reporting Person's continued service through each vesting date: (i) 39,672 ADSs vest on April 26, 2026, (ii) 30,858 ADSs vest on April 26, 2027, and (iii) 20,571 ADSs vest on April 26, 2028.

Footnote F3

Each RSU represents a contingent right to receive one share of the Issuer's ADS upon settlement.

Footnote F4

The RSUs vest as follows, subject to the Reporting Person's continued service through each vesting date: (i) 32,142 ADSs vest on January 26, 2027 and (ii) 21,429 ADSs vest on January 26, 2028.

Footnote F5

Each Stock Option is exercisable for one ADS.

Footnote F6

This option vests as follows, subject to the Reporting Person's provision of service to the Issuer on each vesting date: (i) 27,000 ADSs vest on October 26, 2026, (ii) 45,000 ADSs vest on October 26, 2027, (iii) 66,000 ADSs vest on October 26, 2028, (iv) 108,000 ADSs vest on October 26, 2029, and (v) 108,000 ADSs vest on October 26, 2030.

Footnote F7

Shares held directly by COMPLETE HONOUR GLOBAL LIMITED (BVI), over which Dr. Liu Yachao has voting and dispositive power.

Footnote F8

Shares held directly by Perfect Wisdom International Limited (BVI), over which Dr. Liu Yachao has voting and dispositive power.

Footnote F9

Shares held directly by Perfect Wisdom International Limited (BVI), over which Dr. Liu Yachao has voting and dispositive power.

SEC remarks

Director and Chief Operating Officer, Exhibit 24 - Power of Attorney

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