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Wing Yip Food Holdings (WYHG) chair outlines KRW 254M share plan

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Wing Yip Food Holdings Group Limited reports that its director and Chairman, Xiantao Wang, purchased 18,355 ordinary shares on August 5, 2026 in open-market transactions on the KOSDAQ at KRW 1,148 per share (US$0.81 per share). Following this purchase, he holds 2,022,766 ordinary shares, representing 16.08% of the company’s total issued shares.

On August 6, 2026, Mr. Wang filed a Trading Plan Report with the Korea Exchange under applicable Korean securities regulations. Under this plan, he may acquire up to 219,178 additional shares on the KOSDAQ between September 7 and October 6, 2026, based on a projected unit price of KRW 1,159 and a projected aggregate amount of KRW 254,027,302, subject to a 70%–130% range under Korean law. If fully executed, he expects to hold 2,241,944 shares, or 17.82% of total issued shares.

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Open-market shares purchased 18,355 shares Ordinary shares bought by Mr. Wang on August 5, 2026 at KRW 1,148 per share
Purchase price KRW 1,148 per share Price per share for the August 5, 2026 open-market purchase on KOSDAQ
Current holdings 2,022,766 shares Ordinary shares held by Mr. Wang after August 5, 2026, equal to 16.08% of issued shares
Current ownership percentage 16.08% Mr. Wang’s stake in Wing Yip’s total issued shares after the August 5, 2026 purchase
Planned additional purchases 219,178 shares Maximum ordinary shares Mr. Wang plans to acquire during September 7–October 6, 2026
Projected acquisition unit price KRW 1,159 per share Projected price based on August 5, 2026 closing price for planned acquisitions
Projected aggregate transaction amount KRW 254,027,302 Projected total for planned share acquisitions under the trading plan
Expected holdings after plan 2,241,944 shares Ordinary shares Mr. Wang expects to hold after completing planned acquisitions, 17.82% of issued shares
Trading Plan Report regulatory
"filed a Report on Trading Plan of Specific Securities, etc. by Executive Officers"
Korea Securities Dealers Automated Quotations regulatory
"traded on the Korea Securities Dealers Automated Quotations (“KOSDAQ”) of the Korea Exchange"
Electronic Disclosure System regulatory
"publicly available on the Electronic Disclosure System of the Financial Supervisory Service"
Financial Supervisory Service of Korea regulatory
"Electronic Disclosure System of the Financial Supervisory Service of Korea (DART)"

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FAQ

What shares did Wing Yip (WYHG) chairman Xiantao Wang buy on August 5, 2026?

On August 5, 2026, Chairman Xiantao Wang bought 18,355 ordinary shares of Wing Yip on the KOSDAQ at KRW 1,148 per share, equivalent to US$0.81 per share, in open-market transactions.

How many Wing Yip (WYHG) shares does Mr. Wang hold after the recent purchase?

After the August 5, 2026 purchase, Mr. Wang holds 2,022,766 ordinary shares of Wing Yip, representing approximately 16.08% of the company’s total issued shares, according to the disclosed figures in the report.

What is included in Mr. Wang’s trading plan for Wing Yip (WYHG) shares?

Mr. Wang’s trading plan contemplates acquiring up to 219,178 additional ordinary shares of Wing Yip on the KOSDAQ, with a projected unit price of KRW 1,159 and a projected aggregate transaction amount of about KRW 254,027,302, subject to Korean law limits.

Over what period will Mr. Wang’s planned Wing Yip (WYHG) share purchases take place?

The planned purchases under Mr. Wang’s trading plan may occur between September 7, 2026 and October 6, 2026. This period is referred to as the Transaction Period for his potential on-exchange acquisitions on the KOSDAQ market.

What will Mr. Wang’s ownership in Wing Yip (WYHG) be if the trading plan is fully executed?

If the planned acquisitions are completed in full, Mr. Wang expects to hold approximately 2,241,944 ordinary shares of Wing Yip, which would represent about 17.82% of the company’s total issued share capital.

On which market are Wing Yip (WYHG) ordinary shares traded?

Wing Yip’s ordinary shares are listed and traded on the KOSDAQ market of the Korea Exchange. Mr. Wang’s reported purchase and planned acquisitions are all intended to be executed through on-exchange transactions on this market.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of August 2026

 

Commission File Number: 001-42407

 

Wing Yip Food Holdings Group Limited

 

No. 9, Guanxian North Rd

Huangpu Town, Zhongshan City

Guangdong, People’s Republic of China 528429

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒     Form 40-F ☐

 

 

 

 

 

 

Open Market Purchase

 

On August 5, 2026, Mr. Xiantao Wang, a director and Chairman of the Board of Directors of Wing Yip Food Holdings Group Limited (the “Company”), purchased 18,355 ordinary shares of the Company in the open market that are traded on the Korea Securities Dealers Automated Quotations (“KOSDAQ”) of the Korea Exchange, at a price of KRW 1,148 per share, or US$0.81 per share.

 

Trading Plan

 

On August 6, 2026, Mr. Xiantao Wang filed a Report on Trading Plan of Specific Securities, etc. by Executive Officers and Major Shareholders (the “Trading Plan Report”) with the Korea Exchange in accordance with applicable Korean securities regulations. The following is a summary of the Trading Plan Report.

 

After taking into account the 18,355 ordinary shares that Mr. Wang purchased in the open market on August 5, 2026, Mr. Wang holds 2,022,766 ordinary shares of the Company, representing approximately 16.08% of the Company’s total issued shares. The Company’s ordinary shares are listed on the KOSDAQ market of the Korea Exchange.

 

Pursuant to the Trading Plan Report, Mr. Wang plans to acquire up to 219,178 ordinary shares of the Company through on-exchange purchases on the KOSDAQ market during the period from September 7, 2026 to October 6, 2026 (the “Transaction Period”).

 

The projected acquisition unit price is KRW 1,159 per share, which was calculated based on the closing price of the Company’s ordinary shares on the KOSDAQ market of the Korea Exchange on August 5, 2026 (the last trading day prior to the filing of the Trading Plan Report), resulting in a projected aggregate transaction amount of approximately KRW 254,027,302.

 

The actual acquisition price and quantity may vary from the projected figures, as Mr. Wang is permitted under applicable Korean law to execute the transaction within a range of 70% to 130% of the planned transaction amount. Upon completion of the planned acquisitions, Mr. Wang expects to hold approximately 2,241,944 ordinary shares of the Company, representing approximately 17.82% of the Company’s total issued shares.

 

The Trading Plan Report is publicly available on the Electronic Disclosure System of the Financial Supervisory Service of Korea (DART) at: https://englishdart.fss.or.kr/dsbh001/main.do?rcpNo=20260806000009.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Wing Yip Food Holdings Group Limited
     
Date: August 7, 2026 By: /s/ Xiantao Wang
  Name: Xiantao Wang
  Title: Director and Chairman of the Board

 

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