Biao Wei reports a stock award at Lixiang Education Holding
By AlphaYouPublished Form 4
Wei Biao
Reporting filer
Biao Wei reports a stock award, not an open-market purchase or sale, in Lixiang Education Holding Co. Ltd.. Form 4 filed Nov 2, 2026 lists 1 entry.
- Disclosed
- Nov 2, 2026
Reported details
1 entry| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Class B Ordinary Shares | Wei Biao | 2026-11-02 | A | Grant or award | 5000000000 | 0.0005 | 5,000,000,000 | 0 days | Filed terms
|
Class B Ordinary Shares
- Owner
- Wei Biao
- Date
- 2026-11-02
- Code
- A
- Action
- Grant or award
- Quantity
- 5000000000
- Price
- 0.0005
- Following holdings
- 5,000,000,000
- Reporting delay
- 0 days
- Filed terms and references
Filed terms
- security Title: Class B Ordinary Shares
- id: F1
- id: F2
- transaction Date: 2026-11-02
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: A
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 5000000000
- transaction Price Per Share: 0.0005
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 5000000000
- id: F3
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Wei Biao: Director and CEO, Director.
- F1: The Class B Ordinary Shares were acquired directly from the Issuer in a private placement pursuant to a Share Subscription Agreement, dated August 19, 2026, between the Reporting Person and the Issuer, at a purchase price of USS0.0005 per share, for an aggregate subscription price of US$2,500,000 for 5,000,000,000 Class B Ordinary Shares. The subscription was approved by the Issuer's board of directors, audit committee and shareholders. The transaction closed on the Closing Date.
- F2: The Class B Ordinary Shares acquired are subject to a five (5) year lock-up from the Closing Date under the Share Subscription Agreement, during which the Reporting Person may not, directly or indirectly, sell, transfer, pledge, encumber or otherwise dispose of the shares; provided, however, that the Reporting Person may transfer all or any portion of the shares to an Affiliate of the Reporting Person, so long as such Affiliate agrees in writing to be bound by the terms of this lock-up restriction for the remainder of the lock-up period.
- F3: Prior to the reported transaction, the Reporting Person beneficially owned no securities of the Issuer, as reflected in the Reporting Person's initial statement of beneficial ownership on Form 3 filed March 18, 2026. The shares are held of record directly by the Reporting Person for his own account.
Original sources
Prepared automatically from public filing data. Report a correction.