uCloudlink director granted 890K RSUs at $0

Rhea-AI Filing Summary

uCloudlink Group Inc. (UCL) reported that director and ten percent owner Peng Zhiping acquired 890,000 Class A ordinary shares on August 31, 2026 through a grant of 890,000 Restricted Share Units (RSUs) under the 2019 Share Incentive Plan, at a reported price of $0.00 per share. Following this equity award, Peng held 5,844,830 Class A ordinary shares directly. A separate holding entry shows 515,736 American depositary shares (ADSs), with each ADS representing ten Class A ordinary shares. The RSUs vest 50% on August 31, 2027, 20% on August 31, 2028, and 10% on each of August 31, 2029, 2030 and 2031, subject to the plan and award terms.

Insider Trade Summary

Grant/Award: 890,000 shares

Grant/Award 2 txns

Insider Peng Zhiping

Role Director, 10% Owner

Type	Security	Shares	Price	Value
Grant/Award	Class A Ordinary Share, par value US$0.00005 per share F2	890,000	$0.00	$0.00
holding	American depositary shares F1	--	--	--

Holdings After Transaction: Class A Ordinary Share, par value US$0.00005 per share — 5,844,830 shares (Direct); American depositary shares — 515,736 shares (Direct)

Footnotes (2)

1. F1. Each American depositary share ("ADS") represents ten Class A ordinary shares.
2. F2. This represents 890,000 Restricted Share Units ("RSU") granted to the reporting person on August 31, 2026 pursuant to the Company's 2019 Share Incentive Plan (the "2019 Plan"). Each RSU represents a contingent right to receive one Class A ordinary share upon vesting. The RSUs vest 50% on August 31, 2027, 20% on August 31, 2028, and 10% on each of August 31, 2029, 2030 and 2031, subject to the terms of the 2019 Plan and applicable award agreement.

Key Figures

RSUs granted: 890,000 Restricted Share Units Grant price per Class A ordinary share: $0.00 per share Class A ordinary shares held after transaction: 5,844,830 shares +4 more

7 metrics

RSUs granted 890,000 Restricted Share Units Granted to Peng Zhiping on August 31, 2026 under the 2019 Share Incentive Plan

Grant price per Class A ordinary share $0.00 per share Reported for the 890,000-share RSU award to Peng Zhiping

Class A ordinary shares held after transaction 5,844,830 shares Direct holdings of Peng Zhiping following the RSU grant

American depositary shares held 515,736 ADSs Direct ADS holdings reported for Peng Zhiping

ADS to Class A share ratio 1 ADS : 10 Class A ordinary shares Each American depositary share represents ten Class A ordinary shares

RSU vesting in 2027 50% of 890,000 RSUs Vests on August 31, 2027, subject to plan and award terms

RSU vesting in 2028 20% of 890,000 RSUs Vests on August 31, 2028, subject to plan and award terms

Key Terms

Restricted Share Units, American depositary shares, 2019 Share Incentive Plan, contingent right, +1 more

5 terms

Restricted Share Units financial

"This represents 890,000 Restricted Share Units ("RSU") granted to the reporting person"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

American depositary shares financial

"Each American depositary share ("ADS") represents ten Class A ordinary shares."

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

2019 Share Incentive Plan financial

"granted to the reporting person on August 31, 2026 pursuant to the Company's 2019 Share Incentive Plan"

contingent right financial

"Each RSU represents a contingent right to receive one Class A ordinary share"

Class A ordinary share financial

"Each RSU represents a contingent right to receive one Class A ordinary share upon vesting."

A Class A ordinary share is a type of common stock a company issues that carries a specific set of rights—most often particular voting power, dividend terms, or transfer rules—distinct from other share classes. For investors it matters because those rights affect control over company decisions, how income is paid out, and how easy shares are to buy or sell; think of it like a tiered ticket that gives different access and influence at the same event.

FAQ

What insider transaction did UCL report for Peng Zhiping on August 31, 2026?

uCloudlink Group Inc. reported that Peng Zhiping received a grant of 890,000 Restricted Share Units (RSUs) on August 31, 2026, representing an acquisition of an equal number of Class A ordinary shares upon vesting under the company’s 2019 Share Incentive Plan.

How many UCL Class A ordinary shares does Peng Zhiping hold after this Form 4 transaction?

After the reported RSU grant, Peng Zhiping held 5,844,830 Class A ordinary shares directly. This figure reflects his direct ownership following the 890,000-share equity award recorded on August 31, 2026.

What is the vesting schedule for the 890,000 UCL RSUs granted to Peng Zhiping?

The 890,000 RSUs vest 50% on August 31, 2027, 20% on August 31, 2028, and 10% on each of August 31, 2029, August 31, 2030, and August 31, 2031, subject to the terms of the 2019 Share Incentive Plan and the applicable award agreement.

At what price were the 890,000 UCL RSUs granted to Peng Zhiping?

The Form 4 reports a transaction price of $0.00 per share for the 890,000 Class A ordinary shares underlying the RSU grant to Peng Zhiping, consistent with a restricted share unit award rather than a market purchase.

What UCL American depositary share (ADS) holdings are reported for Peng Zhiping?

The filing shows a holding entry of 515,736 American depositary shares (ADSs) for Peng Zhiping. A footnote states that each ADS represents ten Class A ordinary shares, describing the ADS-to-share ratio for uCloudlink Group Inc.

Under which plan were the UCL RSUs granted to Peng Zhiping?

The 890,000 RSUs granted to Peng Zhiping on August 31, 2026 were issued under uCloudlink Group Inc.’s 2019 Share Incentive Plan, with each RSU representing a contingent right to receive one Class A ordinary share upon vesting.

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Available on EDGAR 09/01/2026 - 07:21 AM Accepted by SEC EDGAR 09/01/2026 - 07:20 AM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Peng Zhiping

(Last) (First) (Middle)

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

132 NATHAN ROAD, TSIM SHA TSUI, KOWLOON

(Street)

HONG KONG K3 000000

(City) (State) (Zip)

HONG KONG

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
American depositary shares(1)								515,736	D
Class A Ordinary Share, par value US$0.00005 per share(2)	08/31/2026		A		890,000	A	$0	5,844,830	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Each American depositary share ("ADS") represents ten Class A ordinary shares.

2. This represents 890,000 Restricted Share Units ("RSU") granted to the reporting person on August 31, 2026 pursuant to the Company's 2019 Share Incentive Plan (the "2019 Plan"). Each RSU represents a contingent right to receive one Class A ordinary share upon vesting. The RSUs vest 50% on August 31, 2027, 20% on August 31, 2028, and 10% on each of August 31, 2029, 2030 and 2031, subject to the terms of the 2019 Plan and applicable award agreement.

	/s/ Zhiping Peng	09/01/2026
	** 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 4 (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 4: SEC 1474 (03-26)