United Micro VP sells 10K shares at NT$163
UMC’s vice president sold 10,000 shares but still directly holds over 1.17 million, including a large restricted stock award vesting from 2026 to 2029.
Rhea-AI Filing Summary
United Microelectronics Corp (UMC) reported that Vice President Lin Jen-Tsung sold 10,000 common shares on September 22, 2026, in an open-market or private transaction at NT$163.00 per share. After this sale, he holds 1,172,140 shares directly, including 667,080 Restricted Stock Award (RSA) shares that will vest in portions annually on December 5 from 2026 through 2029.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 10,000 shares
Net Sell
1 txn
Insider
LIN JEN-TSUNG
Role
Vice President
Sold
10,000 shs ($1.63M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Commin Shares F1, F2 | 10,000 | $163.00 | $1.63M |
Holdings After Transaction:
Commin Shares — 1,172,140 shares (Direct)
Footnotes (2)
- F1. New Taiwan Dollars
- F2. Includes 667,080 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
Shares sold: 10,000 shares
Sale price: NT$163.00 per share
Shares held after transaction: 1,172,140 shares
+3 more
6 metrics
Shares sold
10,000 shares
Non-derivative sale by Vice President Lin Jen-Tsung on September 22, 2026
Sale price
NT$163.00 per share
Price for the 10,000 shares sold; currency noted as New Taiwan Dollars
Shares held after transaction
1,172,140 shares
Direct ownership reported following the September 22, 2026 sale
Restricted Stock Award (RSA) shares
667,080 shares
Included in post-transaction direct holdings and subject to vesting
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), vesting, New Taiwan Dollars
3 terms
Restricted Stock Award (RSA) financial
"Includes 667,080 shares of Restricted Stock Award (RSA) and a specified number"
vesting financial
"a specified number of shares subject to the RSA will vest annually on December 5"
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.
New Taiwan Dollars financial
"New Taiwan Dollars"
The New Taiwan Dollar (NTD) is the official currency used in Taiwan for everyday transactions, like buying groceries or paying bills. For investors, it matters because its value can influence Taiwan’s economy and affect the profitability of investments related to the region. Changes in the currency’s strength can also impact international trade and financial markets involving Taiwan.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did UMC report for Vice President Lin Jen-Tsung?
UMC reported that Vice President Lin Jen-Tsung sold 10,000 common shares on September 22, 2026, in a sale characterized as an open-market or private transaction.
Was the UMC (UMC) insider sale made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is marked negative, indicating no Rule 10b5-1 trading plan is affirmed for this reported transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.