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ATA Creativity Global (AACG) CEO granted 1.2M new shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Ma Kevin Xiaofeng reported acquisition or exercise transactions in this Form 4 filing.

ATA Creativity Global director and CEO Kevin Xiaofeng Ma received a grant of 1,200,000 Common Shares. The award was recorded at a price of $0.0000 per share, indicating a compensation-related share grant rather than an open-market purchase. Following this transaction, Ma directly owns 2,934,446 Common Shares.

Positive

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Insights

ATA Creativity’s CEO received a large share grant, increasing his direct equity stake through compensation rather than market buying.

Kevin Xiaofeng Ma, the CEO and a director of ATA Creativity Global, reported a Form 4 transaction classified as a grant, award, or other acquisition. He was awarded 1,200,000 Common Shares at a stated price of $0.0000 per share, which is typical of stock-based compensation.

After this award, his direct holdings increased to 2,934,446 Common Shares. There are no derivative positions listed in this filing, and no sales or dispositions occurred. Because this is a compensation grant and not an open-market trade, it is generally viewed as a routine governance and incentive event rather than a directional signal on the stock.

Insider Ma Kevin Xiaofeng
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Common Share 1,200,000 $0.00 --
Holdings After Transaction: Common Share — 2,934,446 shares (Direct, null)
Footnotes (1)
Shares granted 1,200,000 Common Shares Grant, award, or other acquisition on April 30, 2026
Grant price per share $0.0000 per share Reported transaction price for awarded shares
Total holdings after transaction 2,934,446 Common Shares Direct ownership following the grant
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
grant/award acquisition financial
""transaction_action": "grant/award acquisition""
Common Share financial
""security_title": "Common Share""
A common share is a type of ownership in a company that gives the holder a claim to a portion of the company’s profits and assets. It often comes with voting rights, allowing shareholders to participate in decisions about the company’s direction. For investors, owning common shares can mean potential for growth and income, but also involves a higher level of risk compared to other types of investments.
beneficial owner financial
""is_ten_percent_owner": 1"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ma Kevin Xiaofeng

(Last)(First)(Middle)
1/F EAST GATE, BLDG 2, JIAN WAI SOHO
CHAOYANG DIST

(Street)
BEIJING100022

(City)(State)(Zip)

CHINA

(Country)
2. Issuer Name and Ticker or Trading Symbol
ATA Creativity Global [ AACG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Share04/30/2026A1,200,000A$02,934,446D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ Kevin Xiaofeng Ma04/30/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did ATA Creativity Global (AACG) CEO Kevin Xiaofeng Ma report on this Form 4?

Kevin Xiaofeng Ma reported receiving a grant of 1,200,000 ATA Creativity Global Common Shares. The shares were awarded at a stated price of $0.0000 per share, reflecting stock-based compensation rather than an open-market purchase, and increased his direct equity holdings in the company.

How many ATA Creativity Global shares were granted to the CEO in this filing?

The CEO was granted 1,200,000 Common Shares of ATA Creativity Global. This single transaction is classified as a grant, award, or other acquisition, meaning it is compensation-related and not part of a market trade, and it significantly adds to his existing personal share position.

What is Kevin Xiaofeng Ma’s total ATA Creativity Global shareholding after the grant?

After the reported transaction, Kevin Xiaofeng Ma directly holds 2,934,446 ATA Creativity Global Common Shares. This total reflects his position immediately following the 1,200,000-share grant and shows the size of his direct ownership stake as disclosed in this Form 4 filing.

Was the 1,200,000 share transaction for ATA Creativity Global an open-market buy or a grant?

The 1,200,000 share transaction was a grant, award, or other acquisition, not an open-market purchase. The shares were reported at a price of $0.0000 per share, which is characteristic of equity compensation rather than a cash-funded buy on the stock market.

Does this ATA Creativity Global Form 4 show any share sales or dispositions by the CEO?

This Form 4 does not report any share sales or dispositions by the CEO. It records only one transaction: a compensation-related grant of 1,200,000 Common Shares, which increased his direct holdings to 2,934,446 shares with no concurrent selling activity disclosed in the filing.