UTStarcom (UTSI) director Sean Shao sells 6,000 common shares in open trade

Rhea-AI Filing Summary

UTSTARCOM HOLDINGS CORP. director Sean Shao reported an open-market sale of the company’s common stock. On March 31, 2026, he sold 6,000 shares at $2.3164 per share. After this transaction, he directly holds 13,898.358 shares of UTStarcom common stock.

Insider Trade Summary

Net Seller: 6,000 shares ($13,898)

Net Sell 1 txn

Insider Shao Sean

Role Director

Sold 6,000 shs ($14K)

Type	Security	Shares	Price	Value
Sale	Commom Stock	6,000	$2.3164	$14K

Holdings After Transaction: Commom Stock — 13,898.358 shares (Direct)

Footnotes (1)

Key Figures

Shares sold: 6,000 shares Sale price per share: $2.3164 per share Shares held after sale: 13,898.358 shares +1 more

4 metrics

Shares sold 6,000 shares Open-market sale on March 31, 2026

Sale price per share $2.3164 per share Open-market sale of common stock

Shares held after sale 13,898.358 shares Total direct holdings following transaction

Net share change -6,000 shares Net-basis share change from reported sale

Key Terms

open-market sale, non-derivative, Commom Stock

3 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""

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)
03/31/2026

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	03/31/2026		S		6,000	D	$2.3164	13,898.358	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	04/01/2026
	** 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 UTSI director Sean Shao report?

Director Sean Shao reported an open-market sale of UTStarcom common stock. He sold 6,000 shares on March 31, 2026 at $2.3164 per share, as disclosed in the Form 4 insider trading report.

How many UTSI shares did Sean Shao sell and at what price?

Sean Shao sold 6,000 shares of UTStarcom common stock. The reported sale price was $2.3164 per share in an open-market transaction dated March 31, 2026, according to the Form 4 filing.

How many UTSI shares does Sean Shao hold after this sale?

Following the reported sale, Sean Shao holds 13,898.358 shares of UTStarcom common stock directly. This post-transaction holding figure comes from the Form 4, which shows total shares following the transaction.

Was the UTSI insider trade by Sean Shao direct or indirect ownership?

The Form 4 lists the transaction as direct ownership. The direct_or_indirect field is marked “D,” and no footnotes indicate the shares are held through another entity, so the shares are held directly by Sean Shao.

What type of security did Sean Shao trade in the UTSI Form 4?

The Form 4 describes the security as common stock of UTStarcom. The transaction is categorized as a non-derivative open-market sale, meaning it involves the company’s common shares rather than options or other derivatives.