4Filed Aug 31, 8:00 PM ET
uCloudlink (UCL) CTO Gong Zhihui Receives 180,000-Share Award
$UCL · uCloudlink Group Inc.Research Summary
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uCloudlink (UCL) CTO Gong Zhihui Receives 180,000-Share Award
What Happened
Gong Zhihui, Chief Technology Officer of uCloudlink Group Inc. (UCL), was granted 180,000 Restricted Share Units (RSUs) on August 31, 2026. The award shows a $0.00 acquisition price (no cash paid). Each RSU represents a contingent right to one Class A ordinary share upon vesting under the company's 2019 Share Incentive Plan.
Key Details
- Transaction date: 2026-08-31; Form 4 filed: 2026-09-01.
- Transaction type/code: Award/Grant (A). Grant price: $0.00 (no cash paid).
- Grant details/vesting: 180,000 RSUs vest 50% on 8/31/2027, 20% on 8/31/2028, and 10% on each of 8/31/2029, 8/31/2030 and 8/31/2031 (per the 2019 Plan / award agreement).
- ADS note: Each ADS = 10 Class A ordinary shares, so the award equals 18,000 ADS if converted (footnote).
- Shares owned after transaction: Not disclosed in the filing.
- Filing timeliness: Form filed the next business day (9/1/2026), consistent with required reporting windows.
Context
RSUs are a compensation award that convert into ordinary shares only as they vest; they are not an immediate open-market purchase or sale. Grants are common executive compensation and do not by themselves indicate a buy or sell signal — the eventual value depends on uCloudlink’s future share price and whether/when the RSUs vest.