Peng Zhiping bought UCL
August 31, 2026 · Form 4 insider transaction
Peng Zhiping bought 890,000 shares of uCloudlink Group Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Direction
Acquired (buy-side)
Shares
890,000
Price
$0.00
Total value
N/A
InsiderPeng Zhiping
Role—
CompanyuCloudlink Group Inc. (UCL)
SecurityClass A Ordinary Share, par value US$0.00005 per share
Transaction codeA: Grant or award
Transaction dateAugust 31, 2026
Filing dateSeptember 1, 2026
Shares owned after5,844,830
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
This represents 890,000 Restricted Share Units ("RSU") granted to the reporting person on August 31, 2026 pursuant to the Company's 2019 Share Incentive Plan (the "2019 Plan"). Each RSU represents a contingent right to receive one Class A ordinary share upon vesting. The RSUs vest 50% on August 31, 2027, 20% on August 31, 2028, and 10% on each of August 31, 2029, 2030 and 2031, subject to the terms of the 2019 Plan and applicable award agreement.