UMC (UMC) CEO Jason Shi Wang reports 32,655,440 common shares in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
UNITED MICROELECTRONICS CORP director and Chief Executive Officer Jason Shi Wang filed a Form 3 reporting beneficial ownership of 32,655,440 common shares. This filing establishes his reported equity position as an insider.
The reported holdings include 14,200,000 common shares pledged as collateral to secure certain obligations and 3,515,400 shares subject to Restricted Stock Awards. A specified number of these RSA shares are scheduled to vest annually on December 5 from 2026 through 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wang Jason Shi
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 32,655,440 shares (Direct)
Footnotes (1)
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FAQ
What is the vesting schedule for Jason Shi Wang’s UMC Restricted Stock Awards?
The filing notes that a specified number of RSA shares will vest annually on December 5 from 2026 to 2029. This creates a four-year vesting timeline, with incremental portions of the 3,515,400 RSA shares becoming vested each year on that date.
What type of security is reported in Jason Shi Wang’s UMC Form 3 filing?
The security reported is UMC common shares. The Form 3 identifies the class as Common Shares, and all figures in the filing, including pledged shares and Restricted Stock Awards, are presented as part of this common stock class.