[Form 3] EpicQuest Education Group International Ltd Initial Statement of Beneficial Ownership
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
EpicQuest Education Group International Ltd director and Chief Financial Officer Wu Zhenyu filed an initial ownership report showing existing equity positions, not new market trades. He directly holds 80,431 Ordinary Shares and multiple stock option grants over Ordinary Shares with long-dated expirations.
The options include rights to buy 7,812 and 2,500 shares at an exercise price of 65.6000 per share expiring on November 1, 2031, plus further grants over 2,500 shares at 15.4880 expiring on October 1, 2032, 22,500 shares at 18.5600 expiring on October 19, 2033, 22,500 shares at 8.5920 expiring on August 6, 2035, and 56,250 shares at 7.1680 expiring on October 14, 2035.
He also holds 18,750 restricted stock units over Ordinary Shares, with the grant originally covering 25,000 units and vesting in four equal quarterly installments during the fiscal year ended September 30, 2026, of which 6,250 units vested on December 31, 2025. All amounts are adjusted for the Company’s 1-for-16 reverse stock split effective February 17, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
WU ZHENYU
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 7,812 shares (Direct);
Restricted Stock Units — 18,750 shares (Direct);
Ordinary Shares — 80,431 shares (Direct)
Footnotes (1)
- On February 17, 2026, EpicQuest Education Group International Limited (the "Company") effected a 1-for-16 reverse stock split (the "Reverse Stock Split") of the Company's ordinary shares ("Ordinary Shares"). The Reverse Stock Split resulted in a reduction in the number of shares held by the reporting person and proportional adjustments to the Company's outstanding equity awards. Accordingly, all amounts of securities reported in this Form 3 have been adjusted to reflect the Reverse Stock Split. Exhibit 24 - Power of Attorney. On November 1, 2021, the Reporting Person received stock options to purchase 7,812 ordinary shares of the Company pursuant to the 2019 Equity Incentive Plan (the "2019 Plan"). As of the filing of this report, all of these stock options have vested. On October 1, 2022, the Reporting Person received stock options to purchase 2,500 Ordinary Shares pursuant to the 2019 Plan. As of the filing of this report, all of these stock options have vested. On December 30, 2022, the Reporting Person received stock options to purchase 2,500 Ordinary Shares pursuant to the 2019 Plan. The stock options vest and become exercisable in four equal installments on the first calendar day of each full fiscal quarter under the 2019 Plan. As of the filing of this report, all of these stock options have vested. On October 19, 2023, the Reporting Person received stock options to purchase 22,500 Ordinary Shares pursuant to the 2019 Plan. The stock options vest and become exercisable in four annual installments on the 19th day of October. As of the filing of this report, 180,000 of these stock options have vested. On August 6, 2025, the Reporting Person received stock options to purchase 22,500 Ordinary Shares pursuant to the 2019 Plan. The stock options are fully vested. On October 14, 2025, the Reporting Person received stock options to purchase 56,250 Ordinary Shares pursuant to the 2019 Plan. The stock options are fully vested. On October 14, 2025, the Reporting Person received a restricted stock unit grant of 25,000 units under the 2019 Plan. The restricted stock units vest in four equal quarterly installments during the fiscal year ended September 30, 2026. Of these restricted stock units, 6,250 vested on December 31, 2025, and are not reflected on Table II.
FAQ
What does EpicQuest (EEIQ) CFO Wu Zhenyu’s Form 3 report?
The Form 3 reports Wu Zhenyu’s existing equity ownership in EpicQuest, not new trades. It details his direct holdings of ordinary shares, multiple stock option grants, and restricted stock units, all adjusted for a 1-for-16 reverse stock split effective February 17, 2026.
What restricted stock units does EpicQuest (EEIQ) CFO Wu Zhenyu report?
He reports 18,750 restricted stock units over EpicQuest ordinary shares. The original grant covered 25,000 units that vest in four equal quarterly installments during the fiscal year ended September 30, 2026, with 6,250 units already vested on December 31, 2025.
How did EpicQuest’s reverse stock split affect the CFO’s reported holdings?
EpicQuest completed a 1-for-16 reverse stock split on February 17, 2026. This reduced the number of ordinary shares and proportionally adjusted outstanding equity awards, so all share and option amounts in Wu Zhenyu’s Form 3 are shown after reflecting the reverse split.
Does the EpicQuest (EEIQ) Form 3 show any insider buying or selling?
No insider buying or selling is shown. The Form 3 lists holdings and equity awards such as ordinary shares, stock options and restricted stock units, but the transaction summary indicates no buy or sell transactions, only holding entries at the reporting date.