UMC VP reports 650,600 shares on Form 3
UNITED MICROELECTRONICS CORP Vice President Tan Wen Yi filed an initial Form 3 reporting holdings of 650,600 common shares.
Rhea-AI Filing Summary
UNITED MICROELECTRONICS CORP Vice President Tan Wen Yi filed an initial Form 3 reporting holdings of 650,600 common shares. This filing does not show a new buy or sell; it establishes current beneficial ownership. A footnote explains that 594,500 of these shares are in the form of Restricted Stock Awards (RSAs).
A specified number of the RSA shares will vest each year on December 5 from 2026 through 2029, meaning portions of this equity grant will gradually become fully owned over that period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TAN WEN YI
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 650,600 shares (Direct)
Footnotes (1)
- F1. Includes 594,500 shares of Restricted Stock Award (RSA) and a specified number of shares subject to the RSA will vest annually on December 5 from 2026 to 2029.
Key Figures
Common shares beneficially owned: 650,600 shares
Restricted Stock Awards: 594,500 shares
RSA vesting period start: December 5, 2026
+1 more
4 metrics
Common shares beneficially owned
650,600 shares
Reported on Form 3 as of transaction date 2026-05-01
Restricted Stock Awards
594,500 shares
Portion of total holdings classified as RSA
RSA vesting period start
December 5, 2026
Annual vesting date for RSA tranches
RSA vesting period end
December 5, 2029
Last annual vesting date for RSA tranches
Key Terms
Restricted Stock Award (RSA), Form 3, beneficial ownership
3 terms
Restricted Stock Award (RSA) financial
"Includes 594,500 shares of Restricted Stock Award (RSA) and a specified number of shares subject to the RSA will vest annually"
Form 3 regulatory
"INSIDER FILING DATA (Form 3): {"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"initial Form 3 reporting holdings of 650,600 common shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the UMC Form 3 filed by Tan Wen Yi show?
The Form 3 shows Vice President Tan Wen Yi’s initial beneficial ownership of 650,600 common shares of UNITED MICROELECTRONICS CORP. It is a disclosure of existing holdings, not evidence of a new stock purchase or sale.
When will Tan Wen Yi’s UMC Restricted Stock Awards vest?
A specified number of Restricted Stock Award shares will vest annually on December 5 from 2026 through 2029. This schedule gradually turns the awarded RSAs into fully vested shares over four consecutive years, subject to the award terms.
Does this UMC Form 3 indicate insider buying or selling activity?
No, the Form 3 does not reflect a new transaction such as an open-market buy or sell. It is an initial statement of beneficial ownership, listing shares already held, including unvested Restricted Stock Awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
