Director sells 13,994 UTStarcom (UTSI) shares in open market

Rhea-AI Filing Summary

UTSTARCOM HOLDINGS CORP. director Sean Shao reported selling a total of 13,994 shares of common stock in two open-market transactions. He sold 4,422 shares at an average price of $2.4663 and 9,572 shares at $2.4135 per share, and continues to hold a meaningful direct stake of over 10,000 shares.

Insider Trade Summary

Net Seller: 13,994 shares ($34,008)

Net Sell 2 txns

Insider Shao Sean

Role Director

Sold 13,994 shs ($34K)

Type	Security	Shares	Price	Value
Sale	Commom Stock	4,422	$2.4663	$11K
Sale	Commom Stock	9,572	$2.4135	$23K

Holdings After Transaction: Commom Stock — 10,905.979 shares (Direct)

Footnotes (1)

Key Figures

First sale volume: 4,422 shares First sale price: $2.4663 per share Second sale volume: 9,572 shares +2 more

5 metrics

First sale volume 4,422 shares Open-market sale of common stock

First sale price $2.4663 per share Average price for 4,422-share sale

Second sale volume 9,572 shares Open-market sale of common stock

Second sale price $2.4135 per share Average price for 9,572-share sale

Total shares sold 13,994 shares Combined open-market sales reported

Key Terms

open-market sale, non-derivative, Commom Stock, transaction code "S"

4 terms

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

non-derivative financial

"transaction_type: "non-derivative""

Commom Stock financial

"security_title: "Commom Stock""

transaction code "S" financial

"transaction_code: "S" indicating a sale"

Form 4 Insider Transactions: What Each Field Means →

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^*

Shao Sean

(Last) (First) (Middle)

4TH FLOOR, SOUTH WING

368 LIUHE ROAD, BINJIANG DISTRICT

(Street)

HANGZHOU ZHEJIANG 310053

(City) (State) (Zip)

CHINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
UTSTARCOM HOLDINGS CORP. [ UTSI ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026

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
Commom Stock	03/30/2026		S		4,422	D	$2.4663	10,905.9786	D
Commom Stock	03/30/2026		S		9,572	D	$2.4135	23,102.1273	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:

	Sean Shao	03/31/2026
	** 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)

FAQ

What insider transaction did UTStarcom (UTSI) director Sean Shao report?

Director Sean Shao reported selling 13,994 shares of UTStarcom common stock. The Form 4 shows two open-market sale transactions, reflecting routine portfolio activity by a board member rather than a change in company operations or strategy.

How many UTStarcom (UTSI) shares did Sean Shao sell and at what prices?

Sean Shao sold 13,994 UTStarcom shares in total. He disposed of 4,422 shares at an average price of $2.4663 per share and 9,572 shares at $2.4135 per share, according to the reported open-market sale transactions.

Does Sean Shao still hold UTStarcom (UTSI) shares after these sales?

Yes, Sean Shao continues to hold UTStarcom shares after the reported sales. The Form 4 indicates he retains a direct ownership position of more than 10,000 shares, so the transactions represent only a portion of his overall stake.

What type of insider transactions were reported for UTStarcom (UTSI)?

The filing reports two non-derivative open-market sales of UTStarcom common stock. Both transactions are coded as “S,” meaning sales, and involve direct ownership, with no options, warrants, or other derivative securities listed in the derivative section.

When did the UTStarcom (UTSI) insider sales by Sean Shao occur?

Both reported insider sales by Sean Shao occurred on March 30, 2026. On that date, he executed two open-market transactions selling a combined 13,994 shares of UTStarcom common stock at average prices slightly above $2.40 per share.