AOSL insider gifts 736,252 shares to family trust
ALPHA & OMEGA SEMICONDUCTOR Ltd director and 10% owner Mike F. Chang reported an internal share transfer.
Rhea-AI Filing Summary
ALPHA & OMEGA SEMICONDUCTOR Ltd director and 10% owner Mike F. Chang reported an internal share transfer. On May 22, 2026, he made a bona fide gift of 736,252 common shares to the CHANG TRUST for no consideration. A footnote states he is trustee of the trust, his immediate family members are the sole beneficiaries, and he remains the beneficial owner of the trust’s shares. After the transaction, he directly holds 3,654,074 common shares and indirectly holds 736,252 common shares through the trust, so his overall economic exposure is unchanged.
Positive
- None.
Negative
- None.
Insider Trade Summary
736,252 shares gifted
Gift
2 txns
Insider
Chang Mike F
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Shares | 736,252 | $0.00 | $0.00 |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 3,654,074 shares (Direct);
Common Shares — 736,252 shares (Indirect, By CHANG TRUST)
Footnotes (4)
- F1. Includes 35,625 unvested shares subject to the Performance Share Unit (PSU) granted on March 15, 2024 and March 17, 2025 which are subject to vesting upon satisfaction of service-based vesting conditions by the Reporting Person.
- F2. Includes 45,000 unvested shares subject to the Market-Based Performance Share Unit (MSU) granted on July 1, 2018 which are subject to vesting upon satisfaction of service-based vesting conditions by the Reporting Person.
- F3. Includes an aggregate of 67,500 shares subject to Restricted Share Unit awards (RSU) granted on March 15, 2023, March 15, 2024, March 17, 2025, and March 16, 2026 which will be issued as such units vest in accordance with their terms, and excludes 22,500 unvested common shares subject to the PSU granted on March 16, 2026, which may become vested upon achievement of certain corporate performance goals in the future.
- F4. On May 22, 2026, the reporting person transferred 736,252 common shares to the CHANG TRUST for no consideration. The reporting person is the trustee of the trust, and members of the reporting person's immediately family are the sole beneficiaries of the trust. The reporting person remains the beneficial owner of the securities held by the trust.
Key Figures
Gifted shares: 736,252 common shares
Direct holdings after transaction: 3,654,074 common shares
Indirect holdings after transaction: 736,252 common shares
+4 more
7 metrics
Gifted shares
736,252 common shares
Bona fide gift on May 22, 2026 to CHANG TRUST at $0.0000 per share
Direct holdings after transaction
3,654,074 common shares
Shares directly owned by Mike F. Chang following the gift
Indirect holdings after transaction
736,252 common shares
Shares held indirectly through CHANG TRUST after transfer
Unvested PSUs
35,625 shares
Performance Share Units granted March 15, 2024 and March 17, 2025 subject to service-based vesting
Market-Based PSUs (MSU)
45,000 shares
Market-Based Performance Share Units granted July 1, 2018 subject to service-based vesting
RSU awards
67,500 shares
Restricted Share Unit awards to be issued as they vest under grants from 2023-2026
Excluded unvested PSU shares
22,500 common shares
Unvested PSU from March 16, 2026 grant; vesting depends on future corporate performance goals
Key Terms
Performance Share Unit (PSU), Market-Based Performance Share Unit (MSU), Restricted Share Unit awards (RSU), bona fide gift, +1 more
5 terms
bona fide gift financial
"The transaction code G is described as a Bona fide gift in the transaction details."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
beneficial owner financial
"The reporting person remains the beneficial owner of the securities held by the trust."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Mike F. Chang report for AOSL?
Mike F. Chang reported a bona fide gift of 736,252 AOSL common shares. The shares were transferred to the CHANG TRUST for no consideration, reflecting an internal estate-planning type move rather than a market sale, while maintaining his beneficial ownership.
What unvested AOSL equity awards are referenced in the Form 4 footnotes?
The footnotes reference 35,625 unvested Performance Share Units, 45,000 Market-Based Performance Share Units, and 67,500 shares subject to Restricted Share Unit awards. They also note 22,500 unvested common shares from a later PSU grant that are excluded until certain performance goals are achieved.
Was the AOSL insider transaction an open market sale or purchase?
The Form 4 identifies the main transaction as code G, a bona fide gift. The reported price per share is 0.0000, and the filing describes a transfer to the CHANG TRUST for no consideration, rather than a market sale or purchase of shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
