Buy4

Agora, Inc.

API

Total Value

$695.7K

Net $695.7K bought

Filing Date

Oct 13, 2026

18 transactions

Purchases

$695.7K

18 transactions

Trade Summary

On Sep 16, 2026 through Oct 9, 2026, Zhao Bin, Insider, purchased $695.7K of Agora, Inc. (API) across 18 transactions. The filing covers company securities and reflects net buying of $695.7K. Reported prices ranged from $3.98 to $4.33. Insider transactions are sourced from SEC Form 4 disclosures and should be reviewed alongside company fundamentals and the insider's broader trading history.

Price at the Time of the Trade

API daily price with the insider's purchase marked at $4.16.

Bought in the lower half of the 7-month range · about level with today's price.

Price data is delayed and provided for context only — not investment advice.

Insider Information

Name: Zhao Bin
Role: Insider
Location: SANTA CLARA, CA

Filing Details

Filing Date: Oct 13, 2026
Transaction Date: Sep 16, 2026
Accession Number: 0001193125-26-419691
Form Type: 4
Net Trading Amount: $695.7K

Non-Derivative Transactions

Date	Security	Shares	Price	Type	Value
Sep 16, 2026	API common stock	14,559	$3.98	Purchase	$58.0K
Sep 17, 2026	API common stock	9,133	$4.06	Purchase	$37.1K
Sep 18, 2026	API common stock	6,000	$4.03	Purchase	$24.2K
Sep 21, 2026	API common stock	7,447	$4.20	Purchase	$31.3K
Sep 22, 2026	API common stock	9,924	$4.33	Purchase	$43.0K
Sep 23, 2026	API common stock	9,834	$4.33	Purchase	$42.6K
Sep 24, 2026	API common stock	9,217	$4.32	Purchase	$39.8K
Sep 25, 2026	API common stock	9,525	$4.22	Purchase	$40.2K
Sep 28, 2026	API common stock	9,804	$4.14	Purchase	$40.6K
Sep 29, 2026	API common stock	9,364	$4.15	Purchase	$38.8K
Sep 30, 2026	API common stock	9,633	$4.18	Purchase	$40.3K
Oct 1, 2026	API common stock	9,300	$4.13	Purchase	$38.4K
Oct 2, 2026	API common stock	9,065	$4.11	Purchase	$37.3K
Oct 5, 2026	API common stock	9,713	$4.18	Purchase	$40.6K
Oct 6, 2026	API common stock	9,773	$4.19	Purchase	$41.0K
Oct 7, 2026	API common stock	9,837	$4.13	Purchase	$40.6K
Oct 8, 2026	API common stock	9,956	$4.06	Purchase	$40.4K
Oct 9, 2026	API common stock	5,301	$4.08	Purchase	$21.6K

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Footnotes

(F1)One ADS represents four Class A Ordinary Shares, par value $0.0001 per share
(F2)The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by YY TZ Limited on June 15, 2026.
(F3)The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $3.9700 to $3.9900, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
(F4)The reporting person is the sole director of YY TZ Limited and, as such, has discretionary authority to vote and dispose of the shares held by YY TZ Limited in Agora, Inc.
(F5)The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0250 to $4.0800, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
(F6)The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0000 to $4.0700, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
(F7)The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.1400 to $4.3000, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
(F8)The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.2800 to $4.3800, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
(F9)The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.2900 to $4.3800, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
(F10)The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.2650 to $4.3800, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
(F11)The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.1750 to $4.2500, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
(F12)The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.1200 to $4.1600, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
(F13)The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0850 to $4.1800, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
(F14)The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.1400 to $4.2100, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
(F15)The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0900 to $4.1500, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
(F16)The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0800 to $4.1600, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
(F17)The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.1400 to $4.1900, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
(F18)The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.1400 to $4.2600, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
(F19)The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0600 to $4.1600, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
(F20)The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0400 to $4.1500, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
(F21)The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0400 to $4.1000, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.
(F22)The reporting person is the sole director of Much ado Limited and, as such, has discretionary authority to vote and dispose of the shares held by Much ado Limited in Agora, Inc.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Zhao Bin

(Last)

(First)

(Middle)

2804 MISSION COLLEGE BLVD

(Street)

SANTA CLARA

9505

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Agora, Inc. [ API ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
ADS⁽¹⁾	09/16/2026		P⁽²⁾		14,559	A	$3.9847⁽³⁾	1,972,165	I	by YY TZ LIMITED⁽⁴⁾
ADS⁽¹⁾	09/17/2026		P⁽²⁾		9,133	A	$4.0571⁽⁵⁾	1,981,298	I	By YY TZ LIMITED⁽⁴⁾
ADS⁽¹⁾	09/18/2026		P⁽²⁾		6,000	A	$4.0274⁽⁶⁾	1,987,298	I	by YY TZ LIMITED⁽⁴⁾
ADS⁽¹⁾	09/21/2026		P⁽²⁾		7,447	A	$4.2026⁽⁷⁾	1,994,745	I	by YY TZ LIMITED⁽⁴⁾
ADS⁽¹⁾	09/22/2026		P⁽²⁾		9,924	A	$4.332⁽⁸⁾	2,004,669	I	by YY TZ LIMITED⁽⁴⁾
ADS⁽¹⁾	09/23/2026		P⁽²⁾		9,834	A	$4.3311⁽⁹⁾	2,014,503	I	by YY TZ LIMITED⁽⁴⁾
ADS⁽¹⁾	09/24/2026		P⁽²⁾		9,217	A	$4.3199⁽¹⁰⁾	2,023,720	I	by YY TZ LIMITED⁽⁴⁾
ADS⁽¹⁾	09/25/2026		P⁽²⁾		9,525	A	$4.2171⁽¹¹⁾	2,033,245	I	by YY TZ LIMITED⁽⁴⁾
ADS⁽¹⁾	09/28/2026		P⁽²⁾		9,804	A	$4.1434⁽¹²⁾	2,043,049	I	by YY TZ LIMITED⁽⁴⁾
ADS⁽¹⁾	09/29/2026		P⁽²⁾		9,364	A	$4.1456⁽¹³⁾	2,052,413	I	by YY TZ LIMITED⁽⁴⁾
ADS⁽¹⁾	09/30/2026		P⁽²⁾		9,633	A	$4.1827⁽¹⁴⁾	2,062,046	I	by YY TZ LIMITED⁽⁴⁾
ADS⁽¹⁾	10/01/2026		P⁽²⁾		9,300	A	$4.1307⁽¹⁵⁾	2,071,346	I	by YY TZ LIMITED⁽⁴⁾
ADS⁽¹⁾	10/02/2026		P⁽²⁾		9,065	A	$4.1124⁽¹⁶⁾	2,080,411	I	by YY TZ LIMITED⁽⁴⁾
ADS⁽¹⁾	10/05/2026		P⁽²⁾		9,713	A	$4.1762⁽¹⁷⁾	2,090,124	I	by YY TZ LIMITED⁽⁴⁾
ADS⁽¹⁾	10/06/2026		P⁽²⁾		9,773	A	$4.1933⁽¹⁸⁾	2,099,897	I	by YY TZ LIMITED⁽⁴⁾
ADS⁽¹⁾	10/07/2026		P⁽²⁾		9,837	A	$4.1296⁽¹⁹⁾	2,109,734	I	by YY TZ LIMITED⁽⁴⁾
ADS⁽¹⁾	10/08/2026		P⁽²⁾		9,956	A	$4.0618⁽²⁰⁾	2,119,690	I	by YY TZ LIMITED⁽⁴⁾
ADS⁽¹⁾	10/09/2026		P⁽²⁾		5,301	A	$4.078⁽²¹⁾	2,124,991	I	by YY TZ LIMITED⁽⁴⁾
Class A Ordinary Share, par value $0.0001								7,267,029	I	by YY TZ LIMITED⁽⁴⁾
Class B Ordinary Share, par value $0.0001								76,179,938	I	by Much ado Limited⁽²²⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. One ADS represents four Class A Ordinary Shares, par value $0.0001 per share

2. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by YY TZ Limited on June 15, 2026.

3. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $3.9700 to $3.9900, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.

4. The reporting person is the sole director of YY TZ Limited and, as such, has discretionary authority to vote and dispose of the shares held by YY TZ Limited in Agora, Inc.

5. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0250 to $4.0800, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.

6. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0000 to $4.0700, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.

7. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.1400 to $4.3000, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.

8. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.2800 to $4.3800, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.

9. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.2900 to $4.3800, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.

10. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.2650 to $4.3800, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.

11. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.1750 to $4.2500, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.

12. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.1200 to $4.1600, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.

13. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0850 to $4.1800, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.

14. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.1400 to $4.2100, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.

15. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0900 to $4.1500, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.

16. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0800 to $4.1600, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.

17. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.1400 to $4.1900, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.

18. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.1400 to $4.2600, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.

19. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0600 to $4.1600, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.

20. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0400 to $4.1500, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.

21. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $4.0400 to $4.1000, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of ADSs purchased at each separate price within the range.

22. The reporting person is the sole director of Much ado Limited and, as such, has discretionary authority to vote and dispose of the shares held by Much ado Limited in Agora, Inc.

	BIN ZHAO	10/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Form 4 as rendered by the SEC from accession 0001193125-26-419691.

Agora, Inc.

Trade Summary

Price at the Time of the Trade

Company Information

Insider Information

Filing Details

Non-Derivative Transactions

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Footnotes

SEC Form 4

SEC Filing

Price at the Time of the Trade

SEC Form 4