Apollomics (APLM) CFO Lin Exercises Options; RSUs Vest, Shares Withheld

What Happened

• Peter Lin, Chief Financial Officer of Apollomics Inc. (APLM), reported option activity and RSU vesting in an amended Form 4. On Sept 15, 2026, 10,000 shares were recorded as an exercise/conversion of derivatives (code M) and 10,000 RSUs vested the same day; 3,416 shares were surrendered/withheld to cover tax obligations at $24.02 per share, generating ~$82,052 in tax withholding proceeds. The filing also shows a grant on Sept 14, 2026 of a derivative award for 6,000 shares under the company’s 2023 Incentive Award Plan.

Key Details

• Transaction dates: Grant on 2026-09-14; vesting/exercise and withholding on 2026-09-15 (reporting period includes 2026-09-14–09-15).
• Tax withholding: 3,416 shares surrendered at $24.02/share = $82,052 (code F).
• Exercises/vests: 10,000 shares reported as exercised/converted (code M) and 10,000 RSUs vested (per footnote F3).
• New grant: 6,000-share option/award granted 2026-09-14 under the 2023 Incentive Award Plan; vests 50% at ~6 months and 50% at ~12 months (footnote F1).
• Footnotes: F2 confirms RSUs convert 1-for-1 into Class A Ordinary Shares; F3 notes these RSUs were part of an earlier grant with prior vesting dates.
• Filing status: This is an amended Form 4 (amendment corrects the option expiration date). The Form 4 was filed on Sept 24, 2026 for transactions occurring Sept 14–15 — outside the typical two-business-day Form 4 window, so the filing was delayed relative to standard timeliness expectations.

Context

• What this means: The filing shows routine insider equity activity: a grant, RSU vesting, and shares withheld to satisfy tax obligations. The 3,416-share disposition was a tax-withholding event (code F), not an open-market sale. Derivative activity (code M) indicates exercise/conversion of awards; the Form shows $0.00 as the reported price for the derivative entries. The amendment only corrects the option expiration date and does not itself indicate a change in ownership intent. Shares owned after these transactions were not specified in the provided excerpt.