Apollomics (APLM) COO Chen Yi-Kuei Exercises/Converts RSUs & Receives Grant

What Happened Chen Yi‑Kuei, Chief Operating Officer of Apollomics Inc. (APLM), was involved in derivative and award transactions on Sept. 14–15, 2026. The Form 4 shows an 8,000‑share award/option grant on Sept. 14, 2026 (reported at $0.00). On Sept. 15, 2026, 5,000 restricted stock units (RSUs) vested and were converted/exercised into shares (reported at $0.00), and those same 5,000 shares were also reported as disposed on Sept. 15, 2026. No cash purchase price is shown for these conversions (price $0.00), so the filings reflect vesting/conversion and a same‑day disposition rather than an open‑market cash purchase.

Key Details

• Filing: Form 4 filed Sept. 17, 2026 (Accession: 0001193125-26-394803). Transactions dated Sept. 14–15, 2026.
• Transactions reported:
  • Sept. 14, 2026 — Grant/Award (code A): 8,000 shares @ $0.00 (derivative/option grant).
  • Sept. 15, 2026 — Exercise/Conversion (code M): 5,000 shares acquired @ $0.00 (conversion of RSUs).
  • Sept. 15, 2026 — Exercise/Conversion (code M): 5,000 shares disposed @ $0.00 (same‑day disposition).
• Shares owned after transaction: Not specified in the supplied summary; see the Form 4 for the reporter’s post‑transaction beneficial ownership totals.
• Notable footnotes:
  • F2: The 8,000‑share option vests over one year (50% on March 14, 2027; 50% on Sept. 14, 2027), subject to continued service.
  • F3/F4: Each RSU converts to one Class A Ordinary Share; the 5,000‑share event represents RSUs that vested on Sept. 15, 2026.
  • F1: The reporting person has affiliations with Maxpro entities; excludes 3,823 Class A shares issuable upon exercise of warrants held by Maxpro Investment Co., Ltd.; a 100‑share prior omission was corrected.
• Timeliness: Form filed Sept. 17, 2026 for transactions on Sept. 14–15. The filing date is within two business days for the Sept. 15 transaction but is one calendar day later than two business days after the Sept. 14 transaction — review the Form 4 for any tardiness coding.

Context

• Derivative explanation: “A” = award/grant (here, an option grant); “M” = exercise or conversion of a derivative (here, RSU vest/conversion). Price $0.00 typically reflects vesting/conversion rather than a cash purchase price.
• Same‑day acquire + dispose entries often reflect conversion/issuance and an immediate transfer/sale (for example, to cover taxes or move shares), but the filing itself does not state the reason for the disposition.
• This activity includes both a new option award (future vesting schedule) and the vesting/conversion of RSUs; purchases would typically be viewed as stronger bullish signals, while vesting/conversion and routine disposals are common compensation events.