Perfect Corp. Liu disposes of 353,471 shares in merger
The remarks state that Weichuan Liu will no longer report Perfect Corp. equity transactions on Forms 4 or 5 following the going-private transaction.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Perfect Corp. CGO and President of Americas Weichuan Liu disposed of 353,471 Class A Ordinary Shares on October 23, 2026, in the going-private transaction, in exchange for $2.00 per share in cash. His reported direct holdings after the transaction were 0 shares.
The transaction also canceled options covering 39,834 shares at a $3.95 exercise price and 39,830 shares at a $4.93 exercise price. Because both exercise prices exceeded the $2.00-per-share merger consideration, the options were canceled for no consideration.
Insider Trade Summary
Other: 433,135 shares
Other
3 txns
Insider
Liu Weichuan
Role
CGO and President of Americas
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Stock Options F2, F3 | 39,834 | -- | -- |
| Other | Stock Options F2, F4 | 39,830 | -- | -- |
| Other | Class A Ordinary Shares F1 | 353,471 | -- | -- |
Holdings After Transaction:
Stock Options — 0 contracts (Direct);
Class A Ordinary Shares — 0 shares (Direct)
Footnotes (4)
- F1. Disposed of pursuant to the going-private transaction involving the issuer in exchange for $2.00 per share in cash.
- F2. Canceled pursuant to the going-private transaction involving the issuer, pursuant to which all outstanding options of the issuer were canceled in exchange for an amount equal in cash to the number of shares subject to each option times the excess, if any, of the merger consideration ($2.00 per share) over the applicable exercise price of that option (or for no consideration if the exercise price equaled or exceeded $2.00 per share).
- F3. The stock options became exercisable as to 19,917 Class A Ordinary shares on January 21, 2024, 9,958 Class A Ordinary shares on January 21, 2025, and 9,959 Class A Ordinary shares on January 21, 2026.
- F4. The stock options became exercisable as to 19,915 Class A Ordinary shares on May 23, 2025 and 9,957 Class A Ordinary shares on May 23, 2026. The stock options will become exercisable as to 9,958 Class A Ordinary shares on May 23, 2027.
Key Figures
Class A Ordinary Shares disposed: 353,471 shares
Cash consideration: $2.00 per share
Direct shares held after transaction: 0 shares
+4 more
7 metrics
Class A Ordinary Shares disposed
353,471 shares
October 23, 2026
Cash consideration
$2.00 per share
Going-private transaction
Direct shares held after transaction
0 shares
Reported following the transaction
Shares subject to first option
39,834 shares
Exercise price $3.95 per share
First option exercise price
$3.95 per share
Options canceled in the going-private transaction
Shares subject to second option
39,830 shares
Exercise price $4.93 per share
Second option exercise price
$4.93 per share
Options canceled in the going-private transaction
Key Terms
going-private transaction, merger consideration, exercise price, Section 16
4 terms
going-private transaction financial
"pursuant to the going-private transaction involving the issuer"
A going-private transaction is when a company’s publicly traded shares are bought out so the company is no longer listed on a stock exchange, usually by private investors or existing management. For investors it matters because public shareholders typically receive cash or other compensation and lose future public trading liquidity; the deal often includes a premium over the market price and signals a major strategic shift in how the business will be run.
merger consideration financial
"merger consideration ($2.00 per share)"
Merger consideration is the total payment a company or buyer offers to shareholders of a target company in exchange for combining the two businesses, and can include cash, shares in the surviving company, debt assumption, or a mix of these. Investors care because the form and amount affect the deal’s value, tax consequences, immediate cash received versus future ownership, and the risk and upside of holding new shares — similar to choosing between cash now or stock that could grow later.
exercise price financial
"applicable exercise price of that option"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Section 16 regulatory
"no longer subject to Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What happened to Weichuan Liu's PERF stock options in the going-private transaction?
The transaction canceled options covering 39,834 shares at a $3.95 exercise price and 39,830 shares at a $4.93 exercise price. The merger consideration was $2.00 per share, so these options were canceled for no consideration because each exercise price exceeded that amount.
AI-generated analysis. How Rhea-AI works. Not financial advice.
