Perfect Corp. executive disposes of 118,062 shares
Two option positions with exercise prices of $3.95 and $4.93 were canceled without consideration; a $1.84 option received $0.16 per share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Perfect Corp. EVP & Chief Strategy Officer Pin-Jen Chen disposed of 118,062 Class A Ordinary Shares on October 23, 2026, in the going-private transaction, in exchange for $2.00 per share in cash. The transaction also canceled Chen’s reported options: 44,260 options with a $3.95 exercise price and 53,110 with a $4.93 exercise price were canceled for no consideration; 35,000 options with a $1.84 exercise price were canceled for $0.16 per share in cash. Chen’s reported Class A Ordinary Share holdings after the disposition were 0 shares.
Insider Trade Summary
Other: 250,432 shares
Other
4 txns
Insider
CHEN PIN-JEN
Role
EVP & Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Stock Options F2, F3 | 44,260 | -- | -- |
| Other | Stock Options F2, F4 | 53,110 | -- | -- |
| Other | Stock Options F5, F6 | 35,000 | -- | -- |
| Other | Class A Ordinary Shares F1 | 118,062 | -- | -- |
Holdings After Transaction:
Stock Options — 0 contracts (Direct);
Class A Ordinary Shares — 0 shares (Direct)
Footnotes (6)
- 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 22,130 Class A Ordinary shares on January 21, 2024, 11,065 Class A Ordinary shares on January 21, 2025, and 11,065 Class A Ordinary shares on January 21, 2026.
- F4. The stock options became exercisable as to 26,555 Class A Ordinary shares on May 23, 2025 and 13,277 Class A Ordinary shares on May 23, 2026. The stock options will become exercisable as to 13,278 Class A Ordinary shares on May 23, 2027.
- F5. Canceled pursuant to the going-private transaction involving the issuer, pursuant to which this option was canceled in exchange for a cash payment equal to the number of shares subject to the option times the excess of the merger consideration ($2.00 per share) over the $1.84 exercise price of the option (i.e., $0.16 per share).
- F6. The stock options will become exercisable as to 17,500 Class A Ordinary shares on May 1, 2027, 8,750 Class A Ordinary shares on May 1, 2028 and 8,750 Class A Ordinary shares on May 1, 2029.
Key Figures
Class A Ordinary Shares disposed: 118,062 shares
Cash consideration per share: $2.00 per share
Resulting Class A Ordinary Share holdings: 0 shares
+4 more
7 metrics
Class A Ordinary Shares disposed
118,062 shares
October 23, 2026
Cash consideration per share
$2.00 per share
Class A Ordinary Shares disposed in the going-private transaction
Resulting Class A Ordinary Share holdings
0 shares
After the October 23, 2026 disposition
Canceled options and exercise price
44,260 options; $3.95 per share
Canceled for no consideration
Canceled options and exercise price
53,110 options; $4.93 per share
Canceled for no consideration
Canceled options and exercise price
35,000 options; $1.84 per share
Canceled in exchange for $0.16 per share in cash
Cash payment per option share
$0.16 per share
35,000 options with a $1.84 exercise price
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
"over the $1.84 exercise price of the 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.
How were Pin-Jen Chen’s PERF stock options treated?
Three reported option positions were canceled in the going-private transaction: 44,260 options at a $3.95 exercise price and 53,110 at a $4.93 exercise price were canceled for no consideration; 35,000 options at a $1.84 exercise price were canceled for $0.16 per share in cash.
AI-generated analysis. How Rhea-AI works. Not financial advice.
