Apollomics (APLM) CEO Hung-Wen Chen gains 5,000 shares as RSUs vest
Rhea-AI Filing Summary
Apollomics Inc. director and CEO Hung-Wen Chen reported equity compensation activity rather than open‑market trading. On June 15, 2026, 5,000 Restricted Stock Units vested, and he acquired 5,000 Class A Ordinary Shares at a price of $0.00 per share through a derivative exercise. Each RSU converts into one Class A Ordinary Share.
Following the transaction, Chen directly holds 148,334 Class A Ordinary Shares and has an indirect interest in 763,028 Class A Ordinary Shares held through King Regent Management Limited, where he has voting and dispositive power but disclaims beneficial ownership except for his pecuniary interest. After this vesting, 5,000 RSUs remain from the original grant, scheduled to vest on September 15, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares
Net Buy
3 txns
Insider
Chen Hung-Wen
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,000 | $0.00 | $0.00 |
| Exercise | CLASS A ORDINARY SHARES | 5,000 | $0.00 | $0.00 |
| holding | CLASS A ORDINARY SHARES | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 5,000 shares (Direct);
CLASS A ORDINARY SHARES — 148,334 shares (Direct);
CLASS A ORDINARY SHARES — 763,028 shares (Indirect, Through King Regent Management Limited)
Footnotes (3)
- F1. The reporting person is the sole director and shareholder of King Regent Management Limited and has voting and dispositive power over the shares held by King Regent Management Limited. Accordingly, Mr. Chen may be deemed to be the beneficial owner of such shares. Mr. Chen disclaims beneficial ownership of the securities held by King Regent Management Limited, except to the extent of his pecuniary interest therein.
- F2. Each restricted stock unit represents a contingent right to receive one Class A Ordinary Share.
- F3. RSUs were granted and previously reported on a Form 3 filed March 18, 2026 and a Form 3/A filed April 14, 2026. Of the initial RSU grant, 5,000 shares vested on each of February 9, 2026, March 15, 2026 and June 15, 2026, and an additional 5,000 shares will vest on September 15, 2026. This transaction represents the vesting of 5,000 RSUs on June 15, 2026.
Key Figures
RSUs vested: 5,000 units
Shares received from RSU vesting: 5,000 Class A Ordinary Shares
Direct holdings after transaction: 148,334 Class A Ordinary Shares
+3 more
6 metrics
RSUs vested
5,000 units
Vesting and exercise on June 15, 2026
Shares received from RSU vesting
5,000 Class A Ordinary Shares
Converted from RSUs at $0.00 per share
Direct holdings after transaction
148,334 Class A Ordinary Shares
Direct ownership following June 15, 2026 vesting
Indirect holdings via King Regent Management Limited
763,028 Class A Ordinary Shares
Indirect ownership with voting and dispositive power
Remaining RSUs from grant
5,000 units
Scheduled to vest on September 15, 2026
Exercise price
$0.00 per share
Price for RSU conversion to Class A Ordinary Shares
Key Terms
Restricted Stock Units, beneficial owner, pecuniary interest, voting and dispositive power
4 terms
Restricted Stock Units financial
"The filing lists "Restricted Stock Units" as a derivative security that converts into Class A Ordinary Shares."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
beneficial owner financial
"Mr. Chen may be deemed to be the beneficial owner of such shares."
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.
pecuniary interest financial
"Mr. Chen disclaims beneficial ownership of the securities... except to the extent of his pecuniary interest therein."
voting and dispositive power financial
"He has voting and dispositive power over the shares held by King Regent Management Limited."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Apollomics (APLM) CEO Hung-Wen Chen report in this Form 4?
Chen reported the vesting of 5,000 Restricted Stock Units, which converted into 5,000 Class A Ordinary Shares at $0.00 per share. This reflects equity compensation, not an open-market stock purchase or sale.
What are the terms of Hung-Wen Chen’s Restricted Stock Units at Apollomics (APLM)?
Each Restricted Stock Unit represents a contingent right to receive one Class A Ordinary Share. From an initial grant, 5,000 RSUs vested on three prior dates, with another 5,000 RSUs scheduled to vest on September 15, 2026.