Chaohui Chen - 18 Mar 2026 Form 3 Insider Report for uCloudlink Group Inc. (UCL)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Chaohui Chen
Issuer symbol
UCL
Transactions as of
18 Mar 2026
Net transactions value
$0
Form type
3
Filing time
18 Mar 2026, 08:46:48 UTC
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Chen Chaohui Chief Executive Officer, Director, 10%+ Owner UNIT 2214-RM1, 22/F, MIRA PLACE TOWER A, 132 NATHAN ROAD, TSIM SHA TSUI, KOWLOON, HONG KONG, HONG KONG /s/ Chaohui Chen 18 Mar 2026 0001840438

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UCL Class A ordinary shares 2,994,710 18 Mar 2026 Direct F1
holding UCL Class B ordinary shares 61,346,560 18 Mar 2026 By MediaPlay Limited F1, F2
holding UCL American depositary shares 371,005 18 Mar 2026 Direct F3
holding UCL Class A ordinary shares 240,000 18 Mar 2026 Direct F4
holding UCL Class A ordinary shares 21,560 18 Mar 2026 Direct F5
holding UCL Class A ordinary shares 300,000 18 Mar 2026 Direct F6
holding UCL Class A ordinary shares 500,000 18 Mar 2026 Direct F7
holding UCL Class A ordinary shares 140,680 18 Mar 2026 Direct F8
holding UCL Class A ordinary shares 1,000,000 18 Mar 2026 Direct F9
holding UCL Class A ordinary shares 343,640 18 Mar 2026 Direct F10

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding UCL Share Option (right to buy) 18 Mar 2026 Class A ordinary share 285,000 $0.5000 Direct F11
holding UCL Share Option (right to buy) 18 Mar 2026 Class A ordinary share 237,500 $0.5000 Direct F11
holding UCL Share Option (right to buy) 18 Mar 2026 Class A ordinary share 237,500 $0.5000 Direct F11
holding UCL Share Option (right to buy) 18 Mar 2026 Class A ordinary share 142,500 $0.5000 Direct F11
holding UCL Share Option (right to buy) 18 Mar 2026 Class A ordinary share 47,500 $0.5000 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each holder of Class A ordinary shares of uCloudlink Group Inc. (the "Company") is entitled to one vote per share and each holder of Class B ordinary shares of the Company is entitled to 15 votes per share on all matters submitted to them for a vote. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances.
F2 MediaPlay Limited is wholly owned by Brilliant Topaz Holding Limited. Brilliant Topaz Holding Limited is wholly owned by Chen Family Evergreen Trust, a trust established for the benefit of Mr. Chaohui Chen and his family. Mr. Chaohui Chen is the settlor and investment advisor of Chen Family Evergreen Trust, and has the power to direct the disposition and voting of the shares of the Issuer held by Chen Family Evergreen Trust.
F3 Each American depositary share ("ADS") of the Company represents 10 Class A ordinary shares.
F4 This represents the remaining unvested restricted share units ("RSUs") granted to the reporting person on August 30, 2022 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 120,000 RSUs will vest on each of August 30, 2026 and 2027.
F5 This represents the remaining unvested RSUs granted to the reporting person on January 1, 2023 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 21,560 RSUs will vest on January 31, 2027.
F6 This represents the remaining unvested RSUs granted to the reporting person on May 31, 2023 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 100,000 RSUs will vest on each of May 31, 2026, 2027 and 2028.
F7 This represents the remaining unvested RSUs granted to the reporting person on May 31, 2024 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 200,000 RSUs will vest on May 31, 2026. 100,000 RSUs will vest on each of May 31, 2027, 2028 and 2029.
F8 This represents the remaining unvested RSUs granted to the reporting person on January 31, 2025 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 56,260 RSUs will vest on May 31, 2026. 28,120 RSUs will vest on each of May 31, 2027 and 2028. 28,180 RSUs will vest on May 31, 2029.
F9 This represents the remaining unvested RSUs granted to the reporting person on May 31, 2025 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 500,000 RSUs will vest on May 31, 2026. 200,000 RSUs will vest on May 31, 2027. 100,000 RSUs will vest on each of May 31, 2028, 2029 and 2030.
F10 This represents the remaining unvested RSUs granted to the reporting person on January 31, 2026 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 171,820 RSUs will vest on May 31, 2026. 68,720 RSUs will vest on May 31, 2027. 34,360 RSUs will vest on each of May 31, 2028 and 2029. 34,380 RSUs will vest on May 31, 2030.
F11 The share option has fully vested and is exercisable as of the date of this form.