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

Role
Director, 10%+ Owner
Signature
/s/ Zhiping Peng
Issuer symbol
UCL
Transactions as of
18 Mar 2026
Net transactions value
$0
Form type
3
Filing time
18 Mar 2026, 08:49:01 UTC
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Peng Zhiping Director, 10%+ Owner UNIT 2214-RM1, 22/F, MIRA PLACE TOWER A, 132 NATHAN ROAD, TSIM SHA TSUI, KOWLOON, HONG KONG, HONG KONG /s/ Zhiping Peng 18 Mar 2026 0001840441

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UCL Class A ordinary shares 2,686,630 18 Mar 2026 Direct F1
holding UCL Class B ordinary shares 60,726,420 18 Mar 2026 By AlphaGo Robot Limited F1, F2
holding UCL American depositary shares 495,736 18 Mar 2026 Direct F3
holding UCL Class A ordinary shares 213,600 18 Mar 2026 Direct F4
holding UCL Class A ordinary shares 21,560 18 Mar 2026 Direct F5
holding UCL Class A ordinary shares 267,000 18 Mar 2026 Direct F6
holding UCL Class A ordinary shares 445,000 18 Mar 2026 Direct F7
holding UCL Class A ordinary shares 125,210 18 Mar 2026 Direct F8
holding UCL Class A ordinary shares 890,000 18 Mar 2026 Direct F9
holding UCL Class A ordinary shares 305,830 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 AlphaGo Robot Limited is wholly owned by Bright Topaz Holding Limited. Bright Topaz Holding Limited is wholly owned by Harmony Peng Trust, a trust established for the benefit of Mr. Zhiping Peng and his family. Mr. Zhiping Peng is the settlor and investment advisor of Harmony Peng Trust, and has the power to direct the disposition and voting of the shares of the Issuer held by Harmony Peng 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. 106,800 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. 89,000 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. 178,000 RSUs will vest on May 31, 2026. 89,000 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. 50,080 RSUs will vest on May 31, 2026. 25,030 RSUs will vest on each of May 31, 2027 and 2028. 25,070 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. 445,000 RSUs will vest on May 31, 2026. 178,000 RSUs will vest on May 31, 2027. 89,000 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. 152,910 RSUs will vest on May 31, 2026. 61,160 RSUs will vest on May 31, 2027. 30,580 RSUs will vest on each of May 31, 2028 and 2029. 30,600 RSUs will vest on May 31, 2030.
F11 The share option has fully vested and is exercisable as of the date of this form.