uCloudlink CTO details initial share and option stakes
uCloudlink Group Inc. Chief Technology Officer Gong Zhihui has filed an initial statement of beneficial ownership, detailing existing equity interests rather than new trades.
Rhea-AI Filing Summary
uCloudlink Group Inc. Chief Technology Officer Gong Zhihui has filed an initial statement of beneficial ownership, detailing existing equity interests rather than new trades. The filing shows a fully vested share option covering 1,100,000 Class A ordinary shares at an exercise price of $0.5000 per share, expiring on December 31, 2030.
In addition, Gong holds several blocks of remaining unvested restricted share units granted between August 30, 2022 and January 31, 2026, each RSU representing one Class A share upon vesting. These RSUs vest in tranches from May 31, 2026 through May 31, 2030, indicating a multi‑year equity compensation structure tied to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Gong Zhihui
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Share Option (right to buy) — 1,100,000 contracts (Direct);
Class A ordinary shares — 1,147,490 shares (Direct)
Footnotes (8)
- F1. Each holder of Class A ordinary shares of uCloudlink Group Inc. (the "Company") is entitled to one vote per share and each holder of Class B ordinary shares of the Company is entitled to 15 votes per share on all matters submitted to them for a vote. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances.
- F2. This represents the remaining unvested restricted share units ("RSUs") granted to the reporting person on August 30, 2022 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 30,000 RSUs will vest on each of August 30, 2026 and 2027.
- F3. This represents the remaining unvested RSUs granted to the reporting person on May 31, 2023 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 25,000 RSUs will vest on each of May 31, 2026, 2027 and 2028.
- F4. This represents the remaining unvested RSUs granted to the reporting person on May 31, 2024 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 36,000 RSUs will vest on May 31, 2026. 18,000 RSUs will vest on each of May 31, 2027, 2028 and 2029.
- F5. This represents the remaining unvested RSUs granted to the reporting person on January 31, 2025 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 10,120 RSUs will vest on May 31, 2026. 5,060 RSUs will vest on each of May 31, 2027 and 2028. 5,080 RSUs will vest on May 31, 2029.
- F6. This represents the remaining unvested RSUs granted to the reporting person on May 31, 2025 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 90,000 RSUs will vest on May 31, 2026. 36,000 RSUs will vest on May 31, 2027. 18,000 RSUs will vest on each of May 31, 2028, 2029 and 2030.
- F7. This represents the remaining unvested RSUs granted to the reporting person on January 31, 2026 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 30,920 RSUs will vest on May 31, 2026. 12,370 RSUs will vest on May 31, 2027. 6,180 RSUs will vest on each of May 31, 2028 and 2029. 6,200 RSUs will vest on May 31, 2030.
- F8. The share option has fully vested and is exercisable as of the date of this form.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does uCloudlink (UCL) CTO Gong Zhihui report in this Form 3?
Gong Zhihui reports his existing equity holdings in uCloudlink, including options and restricted share units. This Form 3 is an initial ownership statement, showing what he already beneficially owns rather than recording new stock purchases, sales, or option exercises.
What RSU awards does uCloudlink (UCL) CTO Gong Zhihui have outstanding?
Gong has multiple grants of remaining unvested restricted share units awarded between August 30, 2022 and January 31, 2026. Each RSU converts into one Class A ordinary share upon vesting, with vesting dates spanning from May 31, 2026 through May 31, 2030.
Do the uCloudlink (UCL) Form 3 entries reflect any recent stock purchases or sales?
No, the Form 3 entries show holdings rather than transactions. The filing lists Gong’s existing option and RSU positions and direct shareholdings. There are no recorded buy or sell transactions, only the structure and timing of his current equity-based compensation.
Over what period will uCloudlink (UCL) CTO’s RSUs vest?
The remaining unvested RSUs are scheduled to vest in annual and multi-year tranches between May 31, 2026 and May 31, 2030. These vesting schedules align Gong’s compensation with longer-term company performance and ongoing service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
