Shao Sean 4

What Happened
Shao Sean, a director of UTStarcom Holdings Corp. (UTSI), sold a total of 13,994 shares in two open-market/private sale transactions on 2026-03-30. The sales were: 4,422 shares at $2.47 each for $10,906, and 9,572 shares at $2.41 each for $23,102, for combined proceeds of $34,008. These were outright sales (code S), not purchases or option exercises.

Key Details

• Transaction dates and prices: 2026-03-30 — 4,422 shares @ $2.47; 9,572 shares @ $2.41.
• Total shares sold: 13,994; Total proceeds: $34,008.
• Transaction type: Open market or private sale (Form 4 indicates S = Sale).
• Shares owned after the transactions: not specified in the provided filing details.
• Filing timeliness: Form was filed 2026-03-31 for transactions on 2026-03-30 (appears timely).
• Notable footnotes: none provided in the supplied data (no 10b5-1 plan, tax withholding, or derivative activity indicated).

Context
Sales by directors can be routine (liquidity, diversification, tax reasons) and do not necessarily signal a change in company outlook. Purchases generally carry more weight for interpreting insider sentiment; this filing documents only sales. No option exercises, gifts, or other derivative transactions were reported in this filing.