Wing Yip (WYHG) CEO Wang Tingfeng Receives 13,000,000 Shares

What Happened
Wang Tingfeng, Chief Executive Officer of Wing Yip Food Holdings Group Ltd (WYHG), acquired 13,000,000 ordinary shares on 2026-09-07 through a private placement. The subscription price was KRW 1,600 per share, for a total subscription amount of KRW 20,800,000,000. This was an acquisition/award-style transaction (not a sale).

Key Details

• Transaction date: 2026-09-07; Form 4 filed: 2026-09-09 (filing appears timely).
• Price: KRW 1,600 per share; total = KRW 20,800,000,000 (per footnote F1).
• Shares acquired: 13,000,000 ordinary shares.
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — acquisition pursuant to a private placement at KRW 1,600/share.
• Filing accession: 0001213900-26-098533.

Context
This was a direct purchase via private placement (company share issuance), which represents an insider acquiring newly issued shares rather than buying on the open market. Purchases by insiders can be informative to investors, but the filing itself provides no explanation of intent or future plans.