[Form 4] SemiLEDS Corporation Insider Trading Activity

Rhea-AI Filing Summary

SemiLEDs Corporation (LEDS) – Form 4 insider filing

The company’s Chief Financial Officer, Christopher Hsin-Liang Lee, reported the grant of 8,000 restricted stock units (RSUs) on 10 July 2025. The RSUs were acquired at $0 cost as part of his equity compensation package. Vesting is structured so that 12.5 % of the units vest every three months starting from the grant date, with all remaining units vesting immediately upon a change-of-control event. Following this award, Lee’s direct beneficial ownership increases to 33,800 common shares. No derivative securities or sales were reported, and the filing was signed on 14 July 2025.

Positive

• Executive-share alignment: Equity award increases CFO’s stake to 33,800 shares, potentially enhancing shareholder alignment.

Negative

• Incremental dilution risk: Upon vesting, an additional 8,000 shares will enter the float, albeit immaterial to overall share count.

Insights

Insider Transactions Analyst

TL;DR: Routine RSU grant to CFO; neutral impact on LEDS share outlook.

The filing records a standard equity incentive award—8,000 RSUs—to CFO Christopher Lee. Such grants are common for executive retention and align management with shareholder interests. The <$0> acquisition price indicates this is purely compensatory, not an open-market buy. At face value the transaction adds a small number of shares (non-dilutive until vested) and does not signal a change in Lee’s confidence level because it was not a discretionary purchase. Material impact on valuation or float is negligible; therefore, investor sentiment should remain largely unaffected.

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^*

Lee Hsin-Liang Christopher

(Last) (First) (Middle)

3F, NO. 11 KE JUNG RD., CHU-NAN SITE

HSINCHU SCIENCE PARK, MIAO LI COUNTY

(Street)

CHU-HAN F5 F5 350

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SemiLEDs Corp [ LEDS ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
07/10/2025

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/10/2025		A		8,000(1)	A	$0	33,800	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares represent restricted stock units and will be settled in LEDS common stock upon vesting, 12.5% of the restricted stock units will vest every three months starting from the vesting commencement date of July 10, 2025, so long as the Reporting Person's continuous service through the applicable vesting date. These restricted stock units will become fully vested upon a change of control.

	/s/Christopher Lee	07/14/2025
	** 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.

FAQ

What did SemiLEDs (LEDS) disclose in the latest Form 4?

The CFO received 8,000 RSUs on 10 July 2025 at no cost.

How will the RSUs granted to LEDS’ CFO vest?

They vest 12.5 % every three months beginning 10 July 2025 and fully upon a change of control.

How many LEDS shares does the CFO own after this transaction?

After the grant, Christopher Lee directly owns 33,800 common shares.

Did the CFO of SemiLEDs buy or sell shares on the open market?

No open-market activity was disclosed; the filing only reports a compensation-based RSU grant.

Is the Form 4 filing likely to affect LEDS’ share price?

The award is small and routine, so it is unlikely to be materially impactful to the share price.