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Agora CEO Bin Zhao buys $696,000 of shares

Open market purchase reported on Form 4, filed Oct 13, 2026.

Octans ResearchPublished

Snapshot

Bin Zhao, Chief Executive Officer of Agora (API), bought 167,385 shares in open market purchases between Sep 16, 2026 and Oct 9, 2026, about $696,000 at an average price of $4.16 a share, according to a Form 4 filed with the SEC on Oct 13, 2026.

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API
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Market Data

Latest prices for the companies covered in this article
Company1D %Price
($API)▲ +0.69%4.38

as of 09:53 ET · Realtime derived data

What We Know

The filing lists 18 open market purchase lines: • Sep 16, 2026: 14,559 shares at $3.98. • Sep 17, 2026: 9,133 shares at $4.06. • Sep 18, 2026: 6,000 shares at $4.03. • Sep 21, 2026: 7,447 shares at $4.20. • Sep 22, 2026: 9,924 shares at $4.33. • Sep 23, 2026: 9,834 shares at $4.33. • Sep 24, 2026: 9,217 shares at $4.32. • Sep 25, 2026: 9,525 shares at $4.22. • Plus 10 more purchase lines in the filing.

After the last purchase, the filing reports 2,124,991 shares held indirectly in that account.

Octans View

The purchases raised the holding reported in that account by about 8.6%, computed from the filed share counts. An open market purchase is made with the insider's own money at the market price, unlike option exercises or stock awards, which this brief excludes. The filing does not say why the insider bought. The filing marks the trades as made under a prearranged trading plan.

Bear Case · Room for Disagreement

Limits. Insiders must report trades within two business days; this brief covers one filing and does not net it against sales by the same person or other insiders. Prices are as filed; where a line shows a weighted average, the filing's footnotes give the range.

Method and source. Octans Research reads the structured Form 4 filed with the SEC, keeps open market purchases (code P) only, and computes the total value and the average price from the filed share counts and prices. The filed price must sit within 25% of the closing price on the trade date. The text is generated by a fixed template; no model wrote it.

Chart

$API adjusted close, last 6 months $API adjusted close, last 6 months: series rising from 3.7 to 4.3 (+16.6%) from 2026-04-22 to 2026-10-16. Scale 3 to 5.5. 3.03.54.04.55.05.5 2026-04-222026-10-16 $API ADJUSTED CLOSE, LAST 6 MONTHS +16.6% 4.35
Source: Tiingo · As of 2026-10-16Indicative, not investment advice.

Sources

  1. [1]SEC EDGAR — Form 4 filed by Bin Zhao for Agora, Oct 13, 2026

These are the sources this piece was drafted from. How we verify. Found an error? Tell us and we correct it in public.

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