Agora, Inc. Chief Executive Officer and Director Zhao Bin filed a Form 4 on November 6, 2026, disclosing three open-market purchases of American Depositary Shares between November 4 and November 6, 2026, all made indirectly through YY TZ Limited pursuant to a Rule 10b5-1 trading plan.

Key Highlights

  • Three purchases totaling 28,665 ADSs were acquired by YY TZ Limited on behalf of Zhao Bin across November 4, 5, and 6, 2026.
  • Weighted average prices were $4.3499, $4.3257, and $4.1998 for the three respective transaction dates, according to the filing.
  • 10b5-1 plan origin: the filing states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by YY TZ Limited on June 15, 2026.
  • Post-transaction ADS holdings through YY TZ Limited reached 2,301,549 ADSs following the November 6 purchase, the filing reports.
  • Additional indirect holdings include 7,267,029 Class A Ordinary Shares held by YY TZ Limited and 76,179,938 Class B Ordinary Shares held by Much ado Limited, as disclosed in the filing.
  • Zhao Bin is identified as the sole director of both YY TZ Limited and Much ado Limited, giving him discretionary authority to vote and dispose of shares held by each entity, per the filing.

Zhao Bin's ADS Purchases at Agora Under Scheduled Trading Plan

According to the Form 4 filed with the SEC, Zhao Bin, who serves as Chief Executive Officer and Director of Agora, Inc. (NASDAQ:API), reported three purchases of the company's ADSs between November 4 and November 6, 2026. All transactions were conducted indirectly through YY TZ Limited, an entity of which Zhao Bin is the sole director with discretionary authority to vote and dispose of held shares.

The filing reports that on November 4, 2026, 10,000 ADSs were acquired at a weighted average price of $4.3499, with individual transaction prices ranging from $4.2500 to $4.3850. On November 5, 2026, 9,699 ADSs were purchased at a weighted average price of $4.3257, with prices ranging from $4.2200 to $4.4300. On November 6, 2026, 8,966 ADSs were acquired at a weighted average price of $4.1998, with prices ranging from $4.1300 to $4.2550. All three prices listed in the filing are described as weighted averages across multiple transactions within each day.

The filing notes that each ADS represents four Class A Ordinary Shares, par value $0.0001 per share. Beyond the ADS position, the filing also discloses that Zhao Bin indirectly holds 7,267,029 Class A Ordinary Shares through YY TZ Limited and 76,179,938 Class B Ordinary Shares through Much ado Limited, of which he is also the sole director. The reporting person undertakes, per the filing, to provide full per-price purchase detail to the issuer, any security holder, or the SEC staff upon request.

What Was Disclosed

Zhao Bin, CEO and Director of Agora, Inc., disclosed three ADS purchases totaling 28,665 shares made indirectly through YY TZ Limited between November 4 and November 6, 2026, under a Rule 10b5-1 plan adopted June 15, 2026.