ASE Technology director exercises options on 4.5M shares
ASE Technology Holding Co., Ltd. director Chang Hung Pen reported on July 13, 2026 exercising stock options to acquire 3,000,000 Ordinary Shares at an exercise price of 41.1000 and 1,500,000 shares at 98.6, both in New Taiwan dollars.
Rhea-AI Filing Summary
ASE Technology Holding Co., Ltd. director Chang Hung Pen reported on July 13, 2026 exercising stock options to acquire 3,000,000 Ordinary Shares at an exercise price of 41.1000 and 1,500,000 shares at 98.6, both in New Taiwan dollars. After these transactions, he is shown holding 4,500,000 and 3,000,000 Ordinary Shares directly, plus indirect positions of 120,640,482 shares via Billiant Capital Profits Limited and 3,534,746 shares via Precious Eagles Limited. The filing also lists 1,500,000 stock options with a 98.6 exercise price expiring on August 17, 2033, and notes that this exercise price was reduced from 99.7 on July 11 due to a cash dividend distribution.
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Insights
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Insider Trade Summary
4,500,000 shares exercised/converted
Exercise
6 txns
Insider
Chang Hung Pen
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F1, F2 | 3,000,000 | $0.00 | $0.00 |
| Exercise | Stock Option (Right to Buy) F1, F3 | 1,500,000 | $0.00 | $0.00 |
| Exercise | Ordinary Shares F1 | 3,000,000 | $41.10 | $123.30M |
| Exercise | Ordinary Shares F1, F4 | 1,500,000 | $98.60 | $147.90M |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 1,500,000 contracts (Direct);
Ordinary Shares — 4,500,000 shares (Direct);
Ordinary Shares — 3,534,746 shares (Indirect, By Precious Eagles Limited);
Ordinary Shares — 120,640,482 shares (Indirect, By Billiant Capital Profits Limited)
Footnotes (4)
- F1. The option exercise price reflects New Taiwan dollars.
- F2. Reflects stock options to purchase Ordinary Shares. These stock options were granted on November 23, 2018 and are fully vested and exercisable.
- F3. Reflects stock options to purchase Ordinary Shares. These stock options were granted on August 18, 2023 and vest in seven semi-annual installments. 40% of the options vested on August 18, 2025, 10% of the options vested on February 18, 2026, and the remaining installments will vest at 10% each on August 18 2026, February 18, 2027, August 18, 2027, February 18, 2028 and August 18, 2028.
- F4. The option exercise price was adjusted from $99.7 to $98.6 on July 11 due to cash dividend distribution.
Key Figures
Stock options exercised into shares: 4,500,000 shares
Exercise price for 3,000,000-share option line: 41.1000 New Taiwan dollars
Adjusted exercise price for 2023 option grant: 98.6 New Taiwan dollars
+5 more
8 metrics
Stock options exercised into shares
4,500,000 shares
Total Ordinary Shares underlying options exercised on 2026-07-13
Exercise price for 3,000,000-share option line
41.1000 New Taiwan dollars
Exercise price shown for stock options linked to 3,000,000 Ordinary Shares
Adjusted exercise price for 2023 option grant
98.6 New Taiwan dollars
Option exercise price after July 11 adjustment due to cash dividend distribution
Direct Ordinary Shares holding (line 1)
4,500,000 shares
Ordinary Shares held directly after option-related transaction dated 2026-07-13
Direct Ordinary Shares holding (line 2)
3,000,000 shares
Second line of Ordinary Shares held directly as of 2026-07-13
Indirect holdings via Billiant Capital Profits Limited
120,640,482 shares
Ordinary Shares reported as held indirectly by Billiant Capital Profits Limited
Indirect holdings via Precious Eagles Limited
3,534,746 shares
Ordinary Shares reported as held indirectly by Precious Eagles Limited
Stock options reported as held
1,500,000 options
Stock Option (Right to Buy) with 98.6 exercise price expiring 2033-08-17, held directly
Key Terms
Stock Option (Right to Buy), exercise or conversion of derivative security, New Taiwan dollars, cash dividend distribution, +2 more
6 terms
Stock Option (Right to Buy) financial
"The security title is listed as Stock Option (Right to Buy) with underlying Ordinary Shares."
exercise or conversion of derivative security financial
"The transaction code description states it is an exercise or conversion of derivative security."
New Taiwan dollars financial
"A footnote explains the option exercise price reflects New Taiwan dollars."
The New Taiwan Dollar (NTD) is the official currency used in Taiwan for everyday transactions, like buying groceries or paying bills. For investors, it matters because its value can influence Taiwan’s economy and affect the profitability of investments related to the region. Changes in the currency’s strength can also impact international trade and financial markets involving Taiwan.
cash dividend distribution financial
"The option exercise price was adjusted due to a cash dividend distribution."
fully vested and exercisable financial
"One grant of stock options is described as fully vested and exercisable."
semi-annual installments financial
"The 2023 stock options vest in seven semi-annual installments."
FAQ
What insider transactions did Chang Hung Pen report for ASE Technology (ASX) on July 13, 2026?
Chang Hung Pen reported exercising stock options to acquire 3,000,000 Ordinary Shares at 41.1000 and 1,500,000 shares at 98.6, both in New Taiwan dollars. The Form 4 shows direct Ordinary Share holdings of 4,500,000 and 3,000,000 shares on two separate lines after these transactions.
How many stock options are reported as held by Chang Hung Pen in the ASE Technology (ASX) Form 4?
The Form 4 lists 1,500,000 stock options with an exercise price of 98.6 and an expiration date of August 17, 2033 as held directly. A separate line for options at 41.1000 shows a post-transaction balance of 0 options.
How were ASE Technology (ASX) option exercise prices affected by a cash dividend?
A footnote states that an option exercise price was adjusted from 99.7 to 98.6 on July 11 due to a cash dividend distribution. This adjustment applies to stock options to purchase Ordinary Shares associated with the 2023 grant described in the Form 4.
In what currency are ASE Technology (ASX) stock option exercise prices denominated in this Form 4?
A footnote explains that the option exercise price reflects New Taiwan dollars. This applies to the option exercise prices such as 41.1000 and 98.6 referenced for the stock options to purchase Ordinary Shares reported in the Form 4.
What is the vesting schedule for the 2023 ASE Technology (ASX) stock option grant reported by Chang Hung Pen?
The 2023 stock options vest in seven semi-annual installments: 40% vested on August 18, 2025, 10% on February 18, 2026, and the remaining tranches vest at 10% each on August 18, 2026, February 18, 2027, August 18, 2027, February 18, 2028, and August 18, 2028.
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