UMC (NYSE: UMC) vice president reports 1.23M common shares, 714.6K RSAs
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
UNITED MICROELECTRONICS CORP vice president Lin Jen-Tsung filed an initial ownership report showing his equity stake in the company. The filing reports direct ownership of 1,229,660 common shares. This total includes 714,600 shares granted as a Restricted Stock Award.
A specified number of these Restricted Stock Award shares will vest each year on December 5 from 2026 through 2029, meaning portions of the award become fully owned over time as service-based conditions are met. The filing does not report any new purchases or sales, only the existing holdings and vesting schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LIN JEN-TSUNG
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 1,229,660 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Direct common share holdings: 1,229,660 common shares
Restricted Stock Award shares: 714,600 shares
RSA vesting period start: December 5, 2026
+1 more
4 metrics
Direct common share holdings
1,229,660 common shares
Total shares following reported holdings entry
Restricted Stock Award shares
714,600 shares
Portion of total holdings designated as RSA
RSA vesting period start
December 5, 2026
First annual vesting date for RSA shares
RSA vesting period end
December 5, 2029
Final annual vesting date for RSA shares
Key Terms
Restricted Stock Award (RSA), Common Shares, vesting
3 terms
Restricted Stock Award (RSA) financial
"Includes 714,600 shares of Restricted Stock Award (RSA) and a specified number"
vesting financial
"shares subject to the RSA will vest annually on December 5 from 2026 to 2029"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What does the UMC (UMC) Form 3 filing by Lin Jen-Tsung show?
The Form 3 shows vice president Lin Jen-Tsung directly owns 1,229,660 common shares of United Microelectronics Corp. This is an initial ownership report, listing his existing stake and not indicating any recent share purchases or sales.
When will Lin Jen-Tsung’s UMC restricted stock awards vest?
The Form 3 notes that a specified number of Restricted Stock Award shares will vest annually on December 5 from 2026 to 2029. This means portions of the award become fully owned each year during that period.
What type of security does Lin Jen-Tsung hold in UMC (UMC)?
The filing identifies the security as Common Shares of United Microelectronics Corp. Of the 1,229,660 common shares reported, 714,600 are designated as a Restricted Stock Award that will vest in stages from 2026 through 2029.