v3.26.3
Share-Based Compensation (Tables)
12 Months Ended
May 31, 2026
Summary of NES Activities under 2006 and 2016 Share Incentive Plan The NES activities under the 2016 Share Incentive Plan for the year ended May 31, 2026 are summarized as follows:
 
     Number of
NES
     Weighted-
average
grant date fair
value (US$)
 
NES outstanding as of May 31, 2025
     47,805,400        4.29  
Vested
     (11,168,860      3.03  
Forfeited
     (539,010      4.58  
NES outstanding as of May 31, 2026
     36,097,530        4.68  
  
 
 
    
Koolearn post ipo share option [Member]  
Share-based compensation, stock options
The movements of share options under the Post-IPO Share Option Scheme are summarized as follows:
 
     Number of
share options
     Weighted
average
exercise price
per option
(US$)
 
Outstanding as of May 31, 2025
     30,813,536        0.67  
  
 
 
    
Exercised
     (8,484,000      0.67  
  
 
 
    
Outstanding as of May 31, 2026
     22,329,536        0.67  
  
 
 
    
Options vested and expected to vest as of May 31, 2026
     22,329,536        0.67  
  
 
 
    
Exercisable as of May 31, 2026
     22,329,536        0.67  
  
 
 
    
East Buy 2023 Scheme [Member]  
Share-based compensation, stock options
The movements of share awards under the East Buy 2023 Scheme are summarized as follows:
 
     Number of
shares
     Weighted-
average
grant date fair
value
 
      US$    
NES outstanding as of May 31, 2025
     5,563,120        3.69  
Granted
     19,301,400        3.63  
Forfeited
     (83,440 )      3.68  
Cancelled
     (39,000      3.63  
Vested
     (5,479,680      3.69  
NES outstanding as of May 31, 2026
     19,262,400        3.63  
  
 
 
    
East Buy 2025 Scheme [Member]  
Share-based compensation, stock options
The movements of share awards of the East Buy 2025 Scheme are summarized as follows:
 
     Number of
shares
     Weighted-
average
grant date fair
value (US$)
 
NES outstanding as of May 31, 2025
     1,780,000        1.46  
Granted
     100,000        3.59  
Vested
     (641,000      1.46  
  
 
 
    
NES outstanding as of May 31, 2026
     1,239,000        1.63