Chang Mike F 4
Research Summary
AI-generated summary
Alpha & Omega Semiconductor (AOSL) 10% Owner Mike Chang Gifts 30,000 Shares
What Happened
Mike Chang, a reported 10% owner of Alpha & Omega Semiconductor Ltd (AOSL), disposed of 30,000 common shares as a gift on June 1, 2026. The reported disposition price is $0.00 per share, so there were no cash proceeds recorded for this transaction (transaction code G). This is a gift (not an open-market sale or purchase) and does not by itself signal insider buying interest.
Key Details
- Transaction date: 2026-06-01; Filing date: 2026-06-03 (appears timely — Form 4s are generally due within two business days).
- Transaction type/code: Gift (G); Price: $0.00; Shares transferred: 30,000; Reported cash value: $0.
- Shares owned after transaction: not specified in the filing.
- Relevant footnotes in the filing:
- F1: Includes 35,625 unvested shares subject to Performance Share Units (PSUs) granted Mar 15, 2024 and Mar 17, 2025 (service-based vesting).
- F2: Includes 45,000 unvested shares subject to Market-Based PSUs (MSUs) granted Jul 1, 2018 (service-based vesting).
- F3: Includes 67,500 shares subject to Restricted Share Units (RSUs) granted Mar 15, 2023; Mar 15, 2024; Mar 17, 2025; and Mar 16, 2026; excludes 22,500 unvested common shares subject to the PSU granted Mar 16, 2026 (may vest on corporate performance).
- No indication of 10b5-1 plan, tax withholding, or immediate sale in the filing.
Context
- Gifts are disposals for reporting purposes but do not necessarily reflect the insider’s view of the company’s prospects; they can be for personal, tax, or estate-planning reasons.
- As a 10% owner, Chang is a large stakeholder; transfers by major holders can affect concentrated ownership but should be interpreted with caution without additional context.