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OBOOK HOLDINGS (NASDAQ: OWLS) CEO reports sizeable Class A and B stakes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

OBOOK HOLDINGS INC. Chief Executive Officer Wang Chun Kai filed an initial ownership report showing significant equity in the company. He holds 3,106,795 Class A Common Shares, of which 3,000,000 are restricted stock awards granted under the 2021 Share Incentive Plan. These restricted shares vest in stages: 150,000 shares on August 8, 2025; 150,000 on August 8, 2026; 600,000 on August 8, 2027; 900,000 on August 8, 2028; and 1,200,000 on August 8, 2029, in each case conditioned on his continued service, with unvested shares forfeited if service ends before vesting. He also directly holds 36,150,000 Class B Common Shares, highlighting a large overall equity position but no new buy or sell transactions.

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SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
WANG CHUN KAI

(Last) (First) (Middle)
9F., NO. 28, WENCHENG RD., BEITOU DIST.,

(Street)
TAIPEI CITY F5 112

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
10/16/2025
3. Issuer Name and Ticker or Trading Symbol
OBOOK HOLDINGS INC. [ OWLS ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Shares 3,106,795(1) D
Class B Common Shares 36,150,000 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Of the 3,106,795 Class A Common Shares reported herein, 3,000,000 shares represent restricted stock awards granted pursuant to the Issuer's 2021 Share Incentive Plan. 150,000 shares vested on August 8, 2025, and the remaining shares vest in installments as follows: 150,000 shares on August 8, 2026, 600,000 shares on August 8, 2027, 900,000 shares on August 8, 2028, and 1,200,000 shares on August 8, 2029, in each case subject to the Reporting Person's continued service with the Issuer. Unvested shares are subject to forfeiture if the Reporting Person's service terminates prior to the applicable vesting date.
/s/ Wang Chun Kai 03/10/2026
** 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 5 (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 insider ownership did OWLS CEO Wang Chun Kai report on this Form 3?

Wang Chun Kai reported holding 3,106,795 Class A and 36,150,000 Class B Common Shares of OBOOK HOLDINGS INC., showing a large direct equity position and aligning his interests closely with other shareholders.

How many restricted Class A shares does the OWLS CEO hold and under what plan?

Of the reported Class A holdings, 3,000,000 shares are restricted stock awards granted under OBOOK’s 2021 Share Incentive Plan, tying a substantial portion of the CEO’s ownership to future service and vesting milestones.

What is the vesting schedule for the OWLS CEO’s 3,000,000 restricted Class A shares?

The 3,000,000 restricted shares vest in tranches: 150,000 on August 8, 2025; 150,000 on August 8, 2026; 600,000 on August 8, 2027; 900,000 on August 8, 2028; and 1,200,000 on August 8, 2029.

What conditions apply to vesting of the OWLS CEO’s restricted stock awards?

Each vesting installment is subject to the CEO’s continued service with OBOOK HOLDINGS INC. Unvested restricted shares are forfeited if his service terminates before the applicable vesting date, reinforcing a long-term retention incentive.

Did the OWLS Form 3 disclose any insider share purchases or sales?

The Form 3 functions as an initial ownership report and does not show any explicit buy or sell transactions. It primarily details the CEO’s existing Class A and Class B holdings and the structure of his restricted stock awards.

What is the significance of the Class B shares reported by the OWLS CEO?

Wang Chun Kai holds 36,150,000 Class B Common Shares directly. While the filing does not describe their voting or economic differences, this large Class B position indicates substantial influence and long-term exposure to the company’s performance.
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