Zhang Jun (President, CEO, 10% Owner) of ATA Creativity Global (AACG) Disposes and Acquires Options
On April 8, 2026, Zhang Jun, President, CEO, and 10% owner of ATA Creativity Global (AACG), reported a series of transactions involving stock options. Initially, 1,274,092 options were disposed of, with the underlying securities being Common Shares. These options were cancelled by mutual agreement, as indicated by footnote F1. Subsequently, the same number of options, 1,274,092, were acquired. The acquisition also pertains to Common Shares. Footnote F2 clarifies that these options became exercisable in one-third tranches on April 1, 2022, 2023, and 2024. The disposal resulted in 0 shares owned post-transaction, while the acquisition led to 1,274,092 shares owned following the transaction. The price per share for both transactions was $0.00.