uCloudlink (UCL) director Kong Ying files initial share and RSU holdings

Rhea-AI Filing Summary

uCloudlink Group Inc. director Kong Ying has filed an initial ownership report detailing current equity interests in the company. The filing lists Class A ordinary share holdings and several grants of unvested restricted share units, each representing one Class A share upon vesting.

RSU tranches are scheduled to vest on August 30 and May 31 in various years from 2026 through 2030, including 5,000-share installments on August 30, 2026 and 2027 and multiple installments on May 31 across those years.

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

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1. Name and Address of Reporting Person^*

Kong Ying

(Last) (First) (Middle)

UNIT 2214-RM1, 22/F, MIRA PLACE TOWER A

132 NATHAN ROAD, TSIM SHA TSUI, KOWLOON

(Street)

HONG KONG 000000

(City) (State) (Zip)

HONG KONG

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
uCloudlink Group Inc. [ UCL ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

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

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

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 ordinary shares(1)	145,000	D
Class A ordinary shares(2)	10,000	D
Class A ordinary shares(3)	15,000	D
Class A ordinary shares(4)	20,000	D
Class A ordinary shares(5)	40,000	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. 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.

2. 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. 5,000 RSUs will vest on each of August 30, 2026 and 2027.

3. 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. 5,000 will vest on each of May 31, 2026, 2027 and 2028.

4. 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. 8,000 RSUs will vest on May 31, 2026. 4,000 RSUs will vest on each of May 31, 2027, 2028 and 2029.

5. 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. 20,000 RSUs will vest on May 31, 2026. 8,000 RSUs will vest on May 31, 2027. 4,000 RSUs will vest on each of May 31, 2028, 2029 and 2030.

	/s/ Ying Kong	03/18/2026
	** 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.
* Form 3: SEC 1473 (03-26)

FAQ

What does the Form 3 filed by uCloudlink (UCL) director Kong Ying show?

The Form 3 shows director Kong Ying’s initial beneficial ownership in uCloudlink Group Inc., including Class A ordinary share holdings and multiple grants of unvested restricted share units that each convert into one Class A ordinary share upon vesting over several future years.

What voting rights are attached to uCloudlink (UCL) Class A and Class B shares?

Each uCloudlink Class A ordinary share carries one vote, while each Class B ordinary share carries 15 votes. Class B shares are convertible into Class A shares on a one-for-one basis, but Class A shares are not convertible into Class B shares under any circumstances.

How are Kong Ying’s restricted share units in uCloudlink (UCL) structured?

Kong Ying holds several grants of unvested restricted share units (RSUs), each representing a contingent right to receive one Class A ordinary share upon vesting. These RSUs were granted under uCloudlink’s share incentive plans between 2022 and 2025 with staggered vesting dates.

When will the 2022 RSU grant to Kong Ying at uCloudlink (UCL) vest?

The remaining unvested RSUs from the August 30, 2022 grant vest in two equal tranches. 5,000 RSUs vest on August 30, 2026 and another 5,000 RSUs vest on August 30, 2027, each delivering one Class A share per unit at vesting.

What is the vesting schedule for Kong Ying’s 2023 RSUs at uCloudlink (UCL)?

The remaining unvested RSUs granted on May 31, 2023 vest in three equal installments. 5,000 RSUs vest on each of May 31, 2026, 2027 and 2028, with every RSU converting into one Class A ordinary share when it vests.

How do the 2024 and 2025 RSU grants to Kong Ying at uCloudlink (UCL) vest?

The May 31, 2024 grant vests 8,000 RSUs on May 31, 2026 and 4,000 RSUs on each of May 31, 2027, 2028 and 2029. The May 31, 2025 grant vests 20,000 RSUs in 2026, 8,000 in 2027, then 4,000 annually through 2030.