CHEN HONG-JUNG 4
Research Summary
AI-generated summary
Apollomics (APLM) Director Chen Hong‑Jung Receives 500 Shares
What Happened
- Chen Hong‑Jung, a director of Apollomics Inc. (APLM), had 500 restricted stock units (RSUs) vest on June 15, 2026. The RSUs converted into 500 Class A ordinary shares at $0.00 per share (total value recorded $0), reflecting an award/vesting event rather than a cash purchase or open‑market sale.
- The Form 4 shows both an acquisition of 500 shares (from the vested RSUs) and a corresponding disposition of 500 derivative units—this is a common reporting convention when RSUs convert into actual shares; no shares were sold in this transaction.
Key Details
- Transaction date: June 15, 2026. Filing date: June 16, 2026 (timely).
- Transaction type/code: M (exercise/conversion of derivative — conversion of RSUs into shares).
- Price: $0.00 per share; total cash consideration shown $0.
- Footnotes: Each RSU represents a contingent right to one Class A ordinary share. The RSU grant was previously reported (Form 3/3A); of that grant, 500 RSUs vested on Feb 9, 2026, 500 on Mar 15, 2026, 500 on Jun 15, 2026 (this transaction), and 500 more will vest on Sep 15, 2026.
- Shares owned following the transaction: not specified in the provided excerpt of the filing.
Context
- This was a vesting/conversion of previously granted RSUs, not a market buy or sale—such events are routine compensation-related issuances and do not by themselves indicate a trading view.
- The dual entries (acquired shares and disposition of derivative units) simply reflect conversion of RSUs into ordinary shares on vesting. No immediate sale or cashless exercise was reported.